Cuba | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 1.00 1.01 1.02 1.03 1.04 1.2 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 4.30 4.5 4.7 4.7 4.7 5.3 percent [+]
GDP 80.66 82.68 89.72 89.72 85.88 99 USD Billion [+]
GDP per capita 6156.62 6292 6324 6356 6387 7107 USD [+]
GDP Per Capita Ppp 19950.28 20148 20400 20402 20400 23900 USD [+]
GDP Constant Prices 54450.00 52386 52487 52588 52688 52723 CUC Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 2.40 2.4 2.4 2.4 2.4 2.5 percent [+]
Population 11.24 11.27 11.28 11.29 11.29 11.37 Million [+]
Wages 687.00 700 692 683 674 529 CUP/Month [+]
Wages In Manufacturing 804.00 512 517 522 534 445 CUP/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 4.50 3.7 3.5 3.5 3.5 4.5 percent [+]
GDP Deflator 153.40 153 153 153 153 153 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 2.25 2.25 2.25 2.25 2.25 2.25 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -9578.00 -8648 -8771 -8894 -9017 -9060 CUC Million [+]
Exports 3903.00 3112 3098 3084 3070 3385 CUC Million [+]
Imports 13481.00 13310 13282 13254 13226 13396 CUC Million [+]
Current Account 101.00 192 195 198 200 239 CUC Million [+]
Current Account to GDP 0.10 0.13 0.13 0.13 0.13 0.13 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
Tourist Arrivals 266183.00 262283 260957 260275 259925 259555 [+]
Crude Oil Production 50.00 50 50 50 50 50 BBL/D/1K [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 17.10 16.18 15.48 14.78 14.08 20.38 percent [+]
Government Budget -5.70 -7.18 -7.09 -7 -6.91 -5.1 percent of GDP [+]
Government Revenues 49155.10 54651 55766 56881 57995 69636 CUC Millions [+]
Fiscal Expenditure 53933.10 61438 61493 61549 61604 67979 CUC Millions [+]
Military Expenditure 125.60 130 131 133 129 109 USD Million [+]
Government Budget Value -4778.00 -3712 -3491 -3269 -3047 -3343 CUC Millions [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 11.90 2.66 3.46 4.26 5.06 5.01 percent [+]
Manufacturing Production 11.90 2.02 2.89 3.75 4.61 4.54 percent [+]
Steel Production 20.00 20.85 20.83 20.79 20.8 20.8 Thousand Tonnes [+]
Corruption Index 47.00 45.33 45.67 46.01 46.35 45.75 Points [+]
Corruption Rank 56.00 61.1 60.57 60.04 59.52 61.37 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales YoY 6.10 8.8 8.93 9.07 9.21 9.67 percent [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Housing Index 23003.00 37325 38902 40480 42057 39704 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/3/2016