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.
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* indicates monthly or quarterly data series


Recent data
Cuba - Fiscal balance, percent of GDP - Recent values chart

Historical series
Cuba - Fiscal balance, percent of GDP - historical chart - 1996-2022




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.

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What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Fiscal balance, percent of GDP -11.11 2022 percent
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