Cuba | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 1.00 1.02 1.03 1.04 1.05 1.2 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate -0.90 4.7 4.7 4.7 4.7 5.3 percent [+]
GDP 80.66 89.72 89.72 82.68 83.65 99 USD Billion [+]
GDP per capita 6156.62 6170 6211 6251 6292 7107 USD [+]
GDP Per Capita Ppp 19950.28 20400 20030 20400 20400 23900 USD [+]
GDP Constant Prices 54450.00 52718 52607 52497 52386 52723 CUC Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 2.40 2.4 2.4 2.4 2.3 2.5 percent [+]
Population 11.24 11.24 11.25 11.26 11.27 11.37 Million [+]
Wages 687.00 675 684 692 700 529 CUP/Month [+]
Wages In Manufacturing 804.00 512 517 522 534 445 CUP/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 4.50 3.5 3.5 3.5 3.5 4.5 percent [+]
GDP Deflator 153.40 157 155 154 153 153 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 2.25 2.25 2.25 2.25 2.25 2.25 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -9578.00 -8903 -8818 -8733 -8648 -9060 CUC Million [+]
Exports 3903.00 4009 3710 3411 3112 3385 CUC Million [+]
Imports 13481.00 13519 13449 13379 13310 13396 CUC Million [+]
Current Account 101.00 175 181 187 192 239 CUC Million [+]
Current Account to GDP 0.10 0.2 0.18 0.15 0.13 0.13 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
Tourist Arrivals 266183.00 260957 260275 259925 259745 259555 [+]
Crude Oil Production 50.00 50 50 50 50 50 BBL/D/1K [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 17.10 16.87 16.64 16.41 16.18 20.38 percent [+]
Government Budget -5.70 -4.03 -5.08 -6.13 -7.18 -5.1 percent of GDP [+]
Government Revenues 49155.10 50426 51835 53243 54651 69636 CUC Millions [+]
Fiscal Expenditure 53933.10 53037 55837 58638 61438 67979 CUC Millions [+]
Military Expenditure 125.60 130 131 133 129 109 USD Million [+]
Government Budget Value -4778.00 -2431 -2858 -3285 -3712 -3343 CUC Millions [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production 11.90 5.47 4.54 3.6 2.66 5.01 percent [+]
Manufacturing Production 11.90 4.88 3.93 2.98 2.02 4.54 percent [+]
Steel Production 20.00 20.46 20.45 20.43 20.43 20.43 Thousand Tonnes [+]
Corruption Index 47.00 45.94 45.74 45.54 45.33 45.75 Points [+]
Corruption Rank 60.00 61.46 61.34 61.22 61.1 61.37 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Retail Sales YoY 6.10 8.97 8.92 8.86 8.8 9.67 percent [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Housing Index 23003.00 37151 37209 37267 37325 39704 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Sales Tax Rate 20.00 20 20 20 20 20 percent [+]





Economic Forecasts for Cuba including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Cuba economy. 2/26/2017