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What was cuba's GDP in 2000?
it is 11.1
What is the GDP per capita of Cuba?
yall stink
What is cuba's econmic strength?
GDP - Per capita- $9,700
What is the gross national income of cuba?
The GDP 2009 official estimate is based on constant of 1997 prices and this is what it estimates $50.01 billion. Cuba also uses a unique social method for figuring out the GDP which makes it impossible to compare with any other counties in the world.
What is the GDP per capita in Guatemala?
The GDP per Capita of Cuba has greatly shrunk in the 21st Century and 1990's. Currently it is $9,700 and comparable to that of Brazil and Colombia.
What is Cuba's gnp?
Cuba's Gross National Product (GNP) is not readily available due to limited transparency in its economic data reporting. Cuba has traditionally used the Gross Domestic Product (GDP) as its main economic indicator.
Who has a better economic overview Mexico or Cuba?
Mexico has. With a market, export-oriented economy, Mexico ranks as the 11 largest economy in the world with a GDP (2011) of US$1.19 trillion and a GDP per capita of US$15,100. On the other hand, Cuba has an almost closed, command economy which needs many changes to become competitive in today's globalized world; it is ranked as 68 in the world with a GDP (2011) of US$114 billion and a GDP per capita of US$9,900.
Is Cuba a developed or developing country?
Cuba is technically a developing country as it has a low GDP PPP figure. However many Cubans have access to universal education and healthcare, this combined with the fact that most Cubans adopt a vegetarian and car ownership is low, means that Cuba scores highly in the Human Development Index this is another way to measure if a country is developed or not. HDI looks at life expectancy, education, and a country GDP figure I think Cuba has a HDI figure of 8.7 a figure of over 9 indicates a country is developed. Measured this way Cuba is close to obtaining developed status. Other would argue that Cuba is very far from being developed as a taxi driver in Cuba earns more money then a doctor in Cuba, but Cuba does have a better health care system then the US as most socialist economies put a lot of money into public services like health care and education. In short is Cuba a developing country or not? the definition of the words developed and developing or open to interpretation, at this present time 2009 Cuba is not developed however using the HDI measurement it could become developed by increasing its HDI figure to over 0.9. When measured by GDP Cuba would have to double the size if its economy to become developed this could take many decades or may never even happen.
Why do you think the per capita GDP of cuba is among the lowest in latin America?
The main reason is the United States embargo against Cuba, which has been enforced since 1960. Also, other regulations such as the Helms-Burton Act (which basically penalizes foreign countries that do business in Cuba by preventing them from doing business in the U.S.) have prevented major foreign investment into the island.
How do you calculate nominal GDP at market price?
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
What is the top ten poorest countries in Southeast Asia GDP?
TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)
How do you calculate deflation rate?
Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%
