Cuba recorded a Government Debt to GDP of 19 percent of the country's Gross Domestic Product in 2019. source: National Office of Statistics, Republic of Cuba

Government Debt to GDP in Cuba averaged 17.78 percent of GDP from 2004 until 2019, reaching an all time high of 21.10 percent of GDP in 2010 and a record low of 13.80 percent of GDP in 2005. 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 January of 2023.

Government Debt to GDP in Cuba is expected to reach 18.00 percent of GDP by the end of 2022, 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 18.00 percent of GDP in 2023 and 17.50 percent of GDP in 2024, according to our econometric models.

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Cuba Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 19.00 18.40 percent of GDP Dec 2019
Government Budget -11.70 -17.70 percent of GDP Dec 2021
Government Revenues 256138.00 54644.80 CUP Millions Dec 2021
Fiscal Expenditure 320502.20 74257.40 CUP Millions Dec 2021
Government Budget Value -63696.70 -18975.10 CUP Millions Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
19.00 18.40 21.10 13.80 2004 - 2019 percent of GDP Yearly