Cuba Current Account to GDP

Cuba recorded a Current Account surplus of 1.70 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Cuba averaged 1.12 percent from 2005 until 2018, reaching an all time high of 3.90 percent in 2014 and a record low of -3.80 percent in 2008.

Current Account to GDP in Cuba is expected to be -0.09 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Current Account to GDP is projected to trend around -0.31 percent in 2020, according to our econometric models.

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Cuba Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-7770.00	-7953.00	-535.50	-10570.00	CUC Million	[+]
Current Account	1818.00	2325.00	3112.00	-2308.80	CUC Million	[+]
Current Account to GDP	1.70	2.40	3.90	-3.80	percent	[+]
Imports	10172.00	10270.00	14707.00	2008.20	CUC Million	[+]
Exports	2402.00	2317.00	5870.00	1156.70	CUC Million	[+]
Terrorism Index	0.00	0.00	0.00	0.00		[+]
Tourist Arrivals	453374.00	390086.00	551371.00	104098.00		[+]
Crude Oil Production	50.00	50.00	57.90	22.00	BBL/D/1K	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

India reported a Current Account deficit of 3.70 percent of the country's Gross Domestic Product in 2011. This page provides - Cuba Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.70	2.40	3.90	-3.80	2005 - 2018	percent	Yearly

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Country	Last		Previous	Range
Singapore	17.70	Dec/18	16	26.1 : -13.1	%
Netherlands	10.80	Dec/18	10.5	10.8 : -1	%
Switzerland	10.20	Dec/18	6.7	14.8 : -0.6	%
Saudi Arabia	9.20	Dec/18	1.5	28.5 : -21	%
Germany	7.30	Dec/18	8	8.5 : -1.8	%
Russia	7.00	Dec/18	2.1	18 : -1.4	%
South Korea	4.70	Dec/18	4.9	10.7 : -10.5	%
Japan	3.50	Dec/18	4	4.7 : -1	%
Euro Area	2.90	Dec/18	3.2	3.2 : -1.5	%
Italy	2.50	Dec/18	2.8	2.9 : -3.7	%
Spain	0.90	Dec/18	1.8	2.3 : -9.6	%
China	0.40	Dec/18	1.3	10.1 : -3.7	%
France	-0.30	Dec/18	-0.6	3.4 : -2.1	%
Brazil	-0.77	Dec/18	-0.35	1.8 : -8.2	%
Australia	-1.50	Dec/18	-3.4	2.3 : -7.3	%
Mexico	-1.80	May/19	-1.7	3.4 : -6.1	%
India	-2.30	Dec/18	-1.9	2.3 : -4.8	%
United States	-2.40	Dec/18	-2.3	0.2 : -6	%
Canada	-2.60	Dec/18	-2.8	2.7 : -4.2	%
Indonesia	-3.00	Dec/18	-1.6	4.8 : -6.8	%
South Africa	-3.50	Dec/18	-2.5	6 : -7.5	%
Turkey	-3.50	Dec/18	-5.6	1.9 : -8.9	%
United Kingdom	-3.90	Dec/18	-3.3	2.6 : -5.2	%
Argentina	-5.40	Dec/18	-4.9	8 : -5.4	%