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. This page provides - Cuba Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Current Account to GDP - values, historical data and charts - was last updated on August of 2020.

Current Account to GDP in Cuba is expected to reach -1.00 percent by the end of 2020, 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 -1.00 percent in 2021 and -0.90 percent in 2022, according to our econometric models.

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Cuba Current Account to GDP

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

Cuba Trade Last Previous Highest Lowest Unit
Balance of Trade -9112.00 -7770.00 -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 11484.00 10172.00 14707.00 2008.20 CUC Million [+]
Exports 2373.00 2402.00 5870.00 1156.70 CUC Million [+]
Crude Oil Production 50.00 50.00 57.90 22.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Tourist Arrivals 993.00 1051.00 551371.00 993.00 [+]


Cuba Current Account to GDP
India reported a Current Account deficit of 3.70 percent of the country's Gross Domestic Product in 2011.