Cuba Government Budget
Cuba recorded a Government Budget deficit equal to 3.60 percent of the country's Gross Domestic Product in 2012. Government Budget in Cuba averaged -7.15 Percent of GDP from 1989 until 2012, reaching an all time high of -1.70 Percent of GDP in 2011 and a record low of -33.50 Percent of GDP in 1993. Government Budget in Cuba is reported by the National Office of Statistics, Republic of Cuba.
||1989 - 2013
||Percent of GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Cuba Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.