Cuba recorded a government budget deficit of 8283.70 CUC Millions in 2017. Government Budget Value in Cuba averaged -2748.03 CUC Millions from 2001 until 2017, reaching an all time high of -737.50 CUC Millions in 2001 and a record low of -8283.70 CUC Millions in 2017.

Government Budget Value in Cuba is expected to be -6600.00 CUC Millions by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Government Budget Value is projected to trend around -5900.00 CUC Millions in 2020, according to our econometric models.

Cuba Government Budget Value
Forecast Data Chart
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Cuba Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.20 18.90 21.10 14.80 percent [+]
Government Budget -8.60 -6.60 -1.30 -33.50 percent of GDP [+]
Government Revenues 54912.30 50941.90 54912.30 15033.50 CUC Millions [+]
Fiscal Expenditure 63905.70 57812.60 63905.70 15771.00 CUC Millions [+]
Credit Rating 20.00 [+]
Military Expenditure 123.66 114.94 130.08 86.19 USD Million [+]
Government Budget Value -8283.70 -6125.90 -737.50 -8283.70 CUC Millions [+]

Cuba Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Cuba Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Government Budget Value - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8283.70 -6125.90 -737.50 -8283.70 2001 - 2017 CUC Millions Yearly

Country Last Previous
Argentina -33770.20 Nov/18
Australia 6068.00 Nov/18
Brazil -50631.00 Nov/18
Canada -1113.00 Oct/18
China -286.50 Nov/18
France -95.64 Nov/18
Germany 36.06 Jun/18
India -7166.25 Dec/18
Indonesia -259900.00 Dec/18
Italy -6.06 Oct/18
Japan -60963.00 Sep/18
Mexico -40905.70 Nov/18
Netherlands -8.90 Sep/18
Russia 3394.30 Nov/18
Saudi Arabia -238494.00 Dec/17
Singapore -60.60 Oct/18
South Africa -13966.00 Nov/18
South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey 5198837.00 Nov/18
United Kingdom -3181.00 Nov/18
United States -205000.00 Nov/18