Cuba: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
Cuba |
Fiscal balance, percent of GDP |
---|---|
Latest value | -11.11 |
Year | 2022 |
Measure | percent |
Data availability | 1996 - 2022 |
Average | -4.95 |
Min - Max | -17.68 - -1.32 |
Source | The National Statistics Office of Cuba |
The latest value from 2022 is -11.11 percent, an increase from -11.68 percent in 2021. In comparison, the world average is -2.49 percent, based on data from 163 countries. Historically, the average for Cuba from 1996 to 2022 is -4.95 percent. The minimum value, -17.68 percent, was reached in 2020 while the maximum of -1.32 percent was recorded in 2013.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Fiscal balance, percent of GDP | -11.11 | 2022 | percent |