Cuba Interest Rate

The benchmark interest rate in Cuba was last recorded at 2.25 percent. Interest Rate in Cuba is reported by the Central Bank of Cuba. . In Cuba, the Central Bank of Cuba (Banco Central de Cuba) sets different benchmark interest rates according to legal distinctions. The main interest rate is the 1-month interest rate for Juridical People. This page provides - Cuba Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.25 2.25 2.25 2.25 2.25 | 2014/03 1997 - 2014 Percent Monthly

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Cuba Interest Rate
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 2.25 2014-02-28 2.25 2.25 2.25 2.25 2014-03-31 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Cuba Interest Rate at 2.25 Percent  
The benchmark interest rate in Cuba was last recorded at 2.25 percent. Interest Rate in Cuba is reported by the Central Bank of Cuba.
Cuba Inflation Rate at 5.50 Percent  
The inflation rate in Cuba was recorded at 5.50 percent in 2012. Inflation Rate in Cuba is reported by the Rabobank.
Cuba Sales Tax Rate | VAT at 20.00 Percent  
The Sales Tax Rate in Cuba stands at 20 percent. Sales Tax Rate in Cuba is reported by the Minister of Finance and Prices.
Cuba Government Debt To GDP at 21.10 Percent  
Cuba recorded a Government Debt to GDP of 21.10 percent of the country's Gross Domestic Product in 2010. Government Debt To GDP in Cuba is reported by the National Office of Statistics, Republic of Cuba.
Cuba Government Budget at -3.60 Percent of GDP  
Cuba recorded a Government Budget deficit equal to 3.60 percent of the country's Gross Domestic Product in 2012. Government Budget in Cuba is reported by the National Office of Statistics, Republic of Cuba.
Cuba Current Account at 330.00 CUC Million  
Cuba recorded a Current Account surplus of 330 CUC Million in 2011. Current Account in Cuba is reported by the National Office of Statistics, Republic of Cuba.
Cuba Balance of Trade at -7969.00 CUC Million  
Cuba recorded a trade deficit of 7969 CUC Million in 2012. Balance of Trade in Cuba is reported by the National Office of Statistics, Republic of Cuba.
Cuba Imports at 13869.00 CUC Million  
Imports in Cuba decreased to 13869 CUC Million in 2012 from 14022.90 CUC Million in 2011. Imports in Cuba is reported by the National Office of Statistics, Republic of Cuba.
Cuba Exports at 5900.00 CUC Million  
Exports in Cuba decreased to 5900 CUC Million in 2012 from 6340.40 CUC Million in 2011. Exports in Cuba is reported by the National Office of Statistics, Republic of Cuba.
Cuba Retail Sales YoY at 7.50 Percent  
Retail Sales in Cuba increased 7.50 percent in 2012 over the previous year. Retail Sales YoY in Cuba is reported by the National Office of Statistics, Republic of Cuba.
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