Compare the economies of the countries

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Economy power of Cuba & Panama

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Cuba vs Panama

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Cuba Panama
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The Republic of Cuba is a country located at the island of Cuba. In its territory, the republic has got Isla de la Juventud as well as several minor archipelagos. They are located in the northern part of the Caribbean. The largest city and at the same time its capital is Havana. The official land coverage is at around 110,000 square kilometers. More about Cuba A transcontinental country of Panama is located in Central America and South America. The official and full name of the nation is the Republic of Panama. It shares borders with Costa Rica and Colombia. The largest city is Panama City with approximately 50% of citizens living in its metropolitan area. More about Panama

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Cuba Panama
Position in the ranking of countries 61 (2020) 73 (2023)
GDP [US$] 107,351,800,000 83,318,176,900
Percentage of the other 128.8 % 77.6 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Cuba Panama
Position in the ranking of countries 61 (2019) 71 (2023)
GNI [US$] 101,873,800,000 79,285,543,400
Percentage of the other 128.5 % 77.8 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Cuba Panama
Position in the ranking of countries 53 (2020) 42 (2023)
External balance [US$] 702,000,000 2,835,916,900
Percentage of the other 24.8 % 404 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Cuba Panama
Position in the ranking of countries 53 (2020) 42 (2023)
Unemployment [%] 1.53 6.52
Percentage of the other 23.5 % 426.1 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Cuba Panama
Position in the ranking of countries 83 (2023) 124 (2023)
Population 11,019,931 4,458,759
Percentage of the other 247.2 % 40.5 %

Population growth (annual %)

Density

Gender

Demography