Cuba Government Budget Value2022 Data - 2023 Forecast - 2001-2021 Historical

Name: Cuba Government Budget Value
Creator: TRADING ECONOMICS
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Keywords: Cuba,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Cuba recorded a government budget deficit of 63696.70 CUP Millions in 2021. source: National Office of Statistics, Republic of Cuba

Government Budget Value in Cuba averaged -7058.35 CUP Millions from 2001 until 2021, reaching an all time high of -737.50 CUP Millions in 2001 and a record low of -63696.70 CUP Millions in 2021. This page provides - Cuba Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Government Budget Value - values, historical data and charts - was last updated on October of 2022.

Government Budget Value in Cuba is expected to reach -5900.00 CUP Millions by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Government Budget Value is projected to trend around -5900.00 CUP Millions in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	19.00	18.40	percent of GDP	Dec 2019
Government Budget	-11.70	-17.70	percent of GDP	Dec 2021
Government Revenues	256138.00	54644.80	CUP Millions	Dec 2021
Fiscal Expenditure	320502.20	74257.40	CUP Millions	Dec 2021
Government Budget Value	-63696.70	-18975.10	CUP Millions	Dec 2021

Cuba Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.