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.

Government Budget in Cuba is expected to be -6.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Government Budget is projected to trend around -5.00 percent of GDP in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Cuba Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-8.10 -8.60 -1.30 -33.50 1989 - 2018 percent of GDP Yearly

Cuba Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Cuba Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.20 18.90 21.10 14.80 percent [+]
Government Budget -8.10 -8.60 -1.30 -33.50 percent of GDP [+]
Government Revenues 56762.70 54912.30 56762.70 15033.50 CUC Millions [+]
Fiscal Expenditure 65497.50 63905.70 65497.50 15771.00 CUC Millions [+]
Credit Rating 15.00 [+]
Military Expenditure 123.00 124.00 131.00 86.70 USD Million [+]
Government Budget Value -8091.30 -8283.70 -737.50 -8283.70 CUC Millions [+]