Annual GDP growth in Uruguay

Uruguay: Annual GDP growth was 0.4% in 2023. ◆ Volatile

Latest (2023)
0.4%
Change on year
down 92.1%
World rank
174th
of 211 countries
All-time high
7.8%
in 2010
All-time low
-7.7%
in 2002
Years of data
24
2000–2023

Annual GDP growth in Uruguay, 2000–2023

-10-505102000201120232000: -1.9 %2001: -3.8 %2002: -7.7 %2003: 0.81 %2004: 5 %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: 0.37 %2016: 1.7 %2017: 1.7 %2018: 0.16 %2019: 0.93 %2020: -7.4 %2021: 5.6 %2022: 4.7 %2023: 0.37 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

Uruguay recorded 0.4% for annual gdp growth in 2023.

The figure is down 92.1% on the previous year and down 92.0% over ten years.

Over the whole period, annual gdp growth in Uruguay peaked at 7.8% in 2010 and was at its lowest, -7.7%, in 2002.

Uruguay ranks 174th of 211 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.2% -7.7% 7.5% 10
2010s 2.9% 0.2% 7.8% 10
2020s 0.8% -7.4% 5.6% 4

Countries ranked near Uruguay

  1. 171 Nauru 0.6% compare
  2. 172 Puerto Rico 0.6% compare
  3. 173 Norway 0.5% compare
  4. 174 Sao Tome and Principe 0.4% compare
  5. 176 Lithuania 0.3% compare
  6. 176 United Kingdom 0.3% compare

See the full ranking of 211 places →

More economy & growth data for Uruguay

All data for Uruguay →

Frequently asked questions

What is annual gdp growth in Uruguay?
Annual gdp growth in Uruguay was 0.4% in 2023, according to World Bank – processed by Our World in Data.
What is the highest annual gdp growth recorded in Uruguay?
The highest recorded value was 7.8% in 2010.
What is the lowest annual gdp growth recorded in Uruguay?
The lowest recorded value was -7.7% in 2002.
How does Uruguay rank for annual gdp growth?
Uruguay ranks 174th out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Uruguay?
Over the last ten years it is down 92.0%. The long-run trend across the full record is volatile.
Where does this Uruguay data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)