Cuba recorded a Government Budget deficit equal to 8.10 percent of the country's Gross Domestic Product in 2018.
Government Budget in Cuba averaged -6.81 percent of GDP from 1989 until 2018, reaching an all time high of -1.30 percent of GDP in 2013 and a record low of -33.50 percent of GDP in 1993. This page provides - Cuba Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Government Budget - values, historical data and charts - was last updated on May of 2020.
Government Budget in Cuba is expected to reach -8.70 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Government Budget is projected to trend around -8.50 percent of GDP in 2021 and -7.50 percent of GDP in 2022, according to our econometric models.