Cuba recorded a government debt equivalent to 18.20 percent of the country's Gross Domestic Product in 2015. source: National Office of Statistics, Republic of Cuba

Government Debt to GDP in Cuba averaged 17.98 percent from 2006 until 2015, reaching an all time high of 21.10 percent in 2010 and a record low of 14.80 percent in 2006. This page provides - Cuba Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Cuba is expected to reach 22.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Government Debt to GDP is projected to trend around 20.00 percent in 2021 and 17.50 percent in 2022, according to our econometric models.

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Cuba Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
18.20 18.90 21.10 14.80 2006 - 2015 percent Yearly

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 [+]


Cuba Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.