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Cuba
Cuba · CUB · North America
55
Risk Score
Elevated→ Stable
Risk Factors
No recent events in pipeline
Overview
Cuba is a Caribbean island nation operating as a communist state, facing significant economic challenges due to the long-standing US embargo and internal inefficiencies. Its economy relies heavily on tourism, nickel mining, and agricultural products like sugar and tobacco. The country is undergoing gradual economic reforms.
Leadership
Miguel Díaz-Canel Bermúdez
President of the Republic (also First Secretary of the Communist Party of Cuba)
GOVERNMENT: Communist state
Economy
GDP
$125.0B
GDP per Capita
$10.5K
GDP Growth
+1.2%
Inflation
25.0%
Unemployment
2.5%
TourismNickel miningSugarTobaccoPharmaceuticals
Trade
Key Exports
NickelSugarTobaccoRumMedical products
Key Imports
FoodstuffsFuelsMachineryChemicals
Top Partners
VenezuelaChinaSpainCanadaRussia