Government Debt to GDP in Cuba decreased to 18.30 percent in 2017 from 19.90 percent in 2016. source: National Office of Statistics, Republic of Cuba

Government Debt to GDP in Cuba averaged 18.17 percent from 2006 until 2017, 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 July of 2021.

Government Debt to GDP in Cuba is expected to reach 22.00 percent by the end of 2021, 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 2022 and 17.50 percent in 2023, according to our econometric models.

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Cuba Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
18.30 19.90 21.10 14.80 2006 - 2017 percent of GDP Yearly

Cuba Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.30 19.90 21.10 14.80 percent of GDP [+]
Government Budget -6.20 -8.10 -1.30 -33.50 percent of GDP [+]
Government Revenues 58700.20 56762.70 58700.20 15033.50 CUC Millions [+]
Fiscal Expenditure 65774.90 65497.50 65774.90 15771.00 CUC Millions [+]
Government Budget Value -6435.30 -8091.30 -737.50 -8283.70 CUC Millions [+]
Credit Rating 15.00 [+]
Military Expenditure 129.00 123.00 132.00 87.20 USD Million [+]

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.