Cuba recorded a Government Debt to GDP of 119 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in Cuba averaged 28.44 percent of GDP from 2004 until 2022, reaching an all time high of 119.00 percent of GDP in 2022 and a record low of 13.80 percent of GDP in 2005. source: National Office of Statistics, Republic of Cuba

Government Debt to GDP in Cuba is expected to reach 118.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Government Debt to GDP is projected to trend around 120.00 percent of GDP in 2026 and 118.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 340492.30 315260.10 CUP Million Dec 2023
Government Budget -11.10 -11.70 percent of GDP Dec 2022
Government Budget Value -94959.10 -70376.30 CUP Million Dec 2023
Government Debt to GDP 119.00 117.00 percent of GDP Dec 2022
Government Revenues 244383.00 244028.30 CUP Million Dec 2023
Government Spending to GDP 49.80 58.80 percent of GDP Dec 2022



Cuba Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
119.00 117.00 119.00 13.80 2004 - 2022 percent of GDP Yearly