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
For that indicator, we provide data for Cuba from 1996 to 2022. The average value for Cuba during that period was -4.95 percent with a minimum of -17.68 percent in 2020 and a maximum of -1.32 percent in 2013. The latest value from 2022 is -11.11 percent. For comparison, the world average in 2022 based on 149 countries is -2.63 percent. 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 values chart
Cuba - Fiscal balance, percent of GDP - recent values

Historical chart
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.


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