Which Latin American Country Has a Command Economy?

Cuba is the only Latin American country with a command economy — where the state centrally controls production, pricing, wages, and resource allocation.

Contrast with Others

• Brazil – Mixed economy; large state role (Petrobras, BNDES) but market-driven.
• Mexico – Market-oriented; USMCA integrated; private sector dominant.
• Barbados – Small open economy; tourism/finance/services; market-based.

Cuba's system features state ownership of most industries, rationing, dual currency (historically), and central planning — though limited reforms (self-employment, cooperatives, foreign investment zones) have introduced market elements since the 1990s "Special Period."