Cuba vs Panama: Gross domestic product (GDP) (National statistical)

Cuba
81.05 billion constant 2015 US$
in 2024
Panama
80.68 billion constant 2015 US$
in 2025
Cuba rank
71st
Panama rank
73rd

Gross domestic product (GDP) (National statistical) over time

  • Cuba
  • Panama
020.0B40.0B60.0B80.0B100.0B196019922025

How they compare

Cuba currently reports 81.05 billion constant 2015 US$ against 80.68 billion constant 2015 US$ in Panama, a difference of 363.50 million constant 2015 US$.

Across all 55 years both countries report, Cuba has been ahead every year.

Cuba ranks 71st and Panama ranks 73rd of 209 countries.

Cuba has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Cuba Panama Difference Ahead
1970s 29.95 billion constant 2015 US$ 7.66 billion constant 2015 US$ 22.29 billion constant 2015 US$ Cuba
1980s 49.18 billion constant 2015 US$ 11.58 billion constant 2015 US$ 37.60 billion constant 2015 US$ Cuba
1990s 41.30 billion constant 2015 US$ 15.65 billion constant 2015 US$ 25.65 billion constant 2015 US$ Cuba
2000s 58.38 billion constant 2015 US$ 27.00 billion constant 2015 US$ 31.38 billion constant 2015 US$ Cuba
2010s 84.63 billion constant 2015 US$ 53.94 billion constant 2015 US$ 30.69 billion constant 2015 US$ Cuba
2020s 81.92 billion constant 2015 US$ 68.06 billion constant 2015 US$ 13.86 billion constant 2015 US$ Cuba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Cuba or Panama?
Cuba, at 81.05 billion constant 2015 US$ against 80.68 billion constant 2015 US$ in Panama as of 2024.
What is the difference in gross domestic product (gdp) between Cuba and Panama?
363.50 million constant 2015 US$, with Cuba ahead.
How many years of comparable data are there for Cuba and Panama?
55 years are reported by both, from 1970 to 2024.
How do Cuba and Panama rank globally for gross domestic product (gdp)?
Cuba ranks 71st and Panama ranks 73rd of 209 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Panama: Gross domestic product (GDP). Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Retrieved 07 October 2026, from https://economy.statizoid.com/compare/gdp-worldbank-constant-usd/cuba/panama/

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About this data

Indicator
Gross domestic product (GDP)
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
209 places, 11,498 data points, 1960–2025
Last refreshed

Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.