Markets Actual Q4 Q1 Q2 Q3 2022
Currency 24.00 24 24 24 24 24

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -11.00 -6.8 -6.8 3.5 3.5 3.5
Unemployment Rate (%) 3.87 3.5 3 3 3 3
Inflation Rate (%) 4.20 2.9 3.6 3.6 3.6 3.6
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25 2.25
Balance of Trade (CUC Million) -5528.00 -9630 -10600 -10600 -10600 -10600
Current Account (CUC Million) 1818.00 2300 2300 2300 2300 2300
Current Account to GDP (% of GDP) 0.20 -0.6 0.3 0.3 0.3 0.3
Government Debt to GDP (% of GDP) 18.40 22.5 18 18 18 18
Government Budget (% of GDP) -17.70 -13 -10.3 -10.3 -10.3 -10.3

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -11.00 -6.8 -6.8 3.5 3.5 3.5
GDP (USD Billion) 103.13 93.9 93.9 93.9 93.9 97.3
GDP per capita (USD) 8026.80 6570 6600 6600 6600 6630
GDP Constant Prices (CUC Million) 50698.00 57731 47251 52472 52472 48904

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 3.87 3.5 3 3 3 3
Population (Million) 11.28 11.35 11.35 11.35 11.35 11.4
Wages (CUP/Month) 1194.00 1050 1050 1050 1050 1050
Wages In Manufacturing (CUP/Month) 1145.00 1150 1150 1150 1150 1150

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 4.20 2.9 3.6 3.6 3.6 3.6
GDP Deflator (points) 211.70 187 218 219 219 226

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25 2.25

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (CUC Million) -5528.00 -9630 -10600 -10600 -10600 -10600
Current Account (CUC Million) 1818.00 2300 2300 2300 2300 2300
Current Account to GDP (% of GDP) 0.20 -0.6 0.3 0.3 0.3 0.3
Imports (CUC Million) 7230.00 13000 13000 13000 13000 13000
Exports (CUC Million) 1703.00 2400 2400 2400 2400 2400

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 18.40 22.5 18 18 18 18
Government Budget (% of GDP) -17.70 -13 -10.3 -10.3 -10.3 -10.3
Government Revenues (CUC Millions) 54644.80 59000 59000 59000 59000 59000
Fiscal Expenditure (CUC Millions) 74257.40 65000 65000 65000 65000 65000
Military Expenditure (USD Million) 129.00 123 121 121 121 121
Government Budget Value (CUC Millions) -18975.10 -5900 -5900 -5900 -5900 -5900

Taxes Actual Q4 Q1 Q2 Q3 2022
Sales Tax Rate (%) 20.00 20 20 20 20 20

Business Actual Q4 Q1 Q2 Q3 2022
Industrial Production (%) -12.70 15 15 15 15 15
Manufacturing Production (%) -12.80 12.5 12.5 12.5 12.5 5

Consumer Actual Q4 Q1 Q2 Q3 2022
Retail Sales YoY (%) -14.70 2.8 2.8 2.8 2.8 2.8

Housing Actual Q4 Q1 Q2 Q3 2022
Housing Index 32874.00 34000 34000 34000 34000 34000


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Cuba Forecast - was last updated on Friday, December 3, 2021.