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Macro

Uruguay

Latin America & Caribbean · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 4.0%
Current prices2025
86USD bn
GDP per capita▲ 4.1%
Current prices2025
24,549USD
Real GDP growth▼ 1.5 pp
Annual change2025
1.8%
Inflation▼ 0.2 pp
Average consumer prices2025
4.7%
Unemployment▼ 0.7 pp
Rate2025
7.5%
Government debt▼ 1.9 pp
General government, gross2025
65.7% of GDP
Current account▲ 0.3 pp
Balance2025
-0.5% of GDP
Population▼ 0.2%
Total2025
3.49million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-7.70.07.81995: -1.4%1996: 5.6%1997: 5.5%1998: 4.5%1999: -1.9%2000: -1.9%2001: -3.8%2002: -7.7%2003: 0.8%2004: 5.0%2005: 7.5%2006: 4.1%2007: 6.5%2008: 7.2%2009: 4.2%2010: 7.8%2011: 5.2%2012: 3.5%2013: 4.6%2014: 3.2%2015: 0.4%2016: 1.7%2017: 1.7%2018: 0.2%2019: 0.9%2020: -7.4%2021: 5.8%2022: 4.6%2023: 0.8%2024: 3.3%2025: 1.8%2026: 1.8% (IMF projection)2027: 2.6% (IMF projection)2028: 2.3% (IMF projection)2029: 2.2% (IMF projection)2030: 2.2% (IMF projection)2031: 2.2% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.042.21995: 42.2%1996: 28.3%1997: 19.8%1998: 10.8%1999: 5.7%2000: 4.8%2001: 4.4%2002: 14.0%2003: 19.4%2004: 9.2%2005: 4.7%2006: 6.4%2007: 8.1%2008: 7.9%2009: 7.1%2010: 6.7%2011: 8.1%2012: 8.1%2013: 8.6%2014: 8.9%2015: 8.7%2016: 9.6%2017: 6.2%2018: 7.6%2019: 7.9%2020: 9.8%2021: 7.7%2022: 9.1%2023: 5.9%2024: 4.8%2025: 4.7%2026: 4.0% (IMF projection)2027: 4.5% (IMF projection)2028: 4.5% (IMF projection)2029: 4.5% (IMF projection)2030: 4.5% (IMF projection)2031: 4.5% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %5.84.60.83.31.81.82.62.32.22.2
Inflation, average consumer prices %7.79.15.94.84.74.04.54.54.54.5
Unemployment rate %9.47.98.38.27.58.08.08.08.08.0
GDP, current prices USD bn617179828696101105110115
GDP per capita, current prices USD17,31420,34722,65623,57624,54927,60829,01730,22031,59933,254
GDP per capita, PPP Int. USD28,49531,99033,47535,49437,21539,03040,98042,66444,43146,281
General government gross debt % of GDP64.159.463.067.665.766.867.768.268.067.6
General government net lending/borrowing % of GDP-2.6-2.5-3.1-3.2-3.4-3.8-3.2-2.7-2.2-2.1
Current account balance % of GDP-2.4-3.5-3.0-0.8-0.5-0.8-0.9-1.1-1.3-1.5
Population million3.513.503.503.493.493.483.483.473.473.47

Government debt, % of GDP

General government gross debt
0.091.92000: 30%2001: 39%2002: 90%2003: 92%2004: 74%2005: 66%2006: 61%2007: 53%2008: 46%2009: 46%2010: 41%2011: 41%2012: 50%2013: 50%2014: 51%2015: 58%2016: 56%2017: 56%2018: 58%2019: 60%2020: 68%2021: 64%2022: 59%2023: 63%2024: 68%2025: 66%2026: 67% (IMF projection)2027: 68% (IMF projection)2028: 68% (IMF projection)2029: 68% (IMF projection)2030: 68% (IMF projection)2031: 67% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-3.60.01.32012: -3.6%2013: -3.2%2014: -2.9%2015: -0.3%2016: 0.8%2017: 0.0%2018: -0.5%2019: 1.3%2020: -0.6%2021: -2.4%2022: -3.5%2023: -3.0%2024: -0.8%2025: -0.5%2026: -0.8% (IMF projection)2027: -0.9% (IMF projection)2028: -1.1% (IMF projection)2029: -1.3% (IMF projection)2030: -1.5% (IMF projection)2031: -1.7% (IMF projection)IMF projection2015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19958.628.919.765.5
20058.723.814.956.7
20156.125.413.259.3
20256.416.910.065.2

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method24,020USD2025+40.7%
GNI, Atlas method81USD bn2025+41.4%
Exports of goods and services27.1% of GDP2025+4.6 pp
Imports of goods and services22.6% of GDP2025-0.2 pp
Life expectancy at birth78.3years2024+1.4%
Urban population95.7% of total2025+0.6 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)