Annual GDP growth in Uruguay
Uruguay: Annual GDP growth was 3.1% in 2024. ◆ Volatile
Annual GDP growth in Uruguay, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Uruguay recorded 3.1% for annual gdp growth in 2024.
The figure is up 320.3% on the previous year and down 4.0% 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 110th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Uruguay, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -1.9% | — |
| 2001 | -3.8% | +99.0% |
| 2002 | -7.7% | +101.3% |
| 2003 | 0.8% | -110.5% |
| 2004 | 5.0% | +517.3% |
| 2005 | 7.5% | +49.2% |
| 2006 | 4.1% | -45.0% |
| 2007 | 6.5% | +59.5% |
| 2008 | 7.2% | +9.8% |
| 2009 | 4.2% | -40.9% |
| 2010 | 7.8% | +84.0% |
| 2011 | 5.2% | -33.8% |
| 2012 | 3.5% | -31.4% |
| 2013 | 4.6% | +31.1% |
| 2014 | 3.2% | -30.2% |
| 2015 | 0.4% | -88.6% |
| 2016 | 1.7% | +356.8% |
| 2017 | 1.7% | +3.0% |
| 2018 | 0.2% | -90.8% |
| 2019 | 0.9% | +481.2% |
| 2020 | -7.4% | -891.4% |
| 2021 | 5.8% | -179.3% |
| 2022 | 4.5% | -23.1% |
| 2023 | 0.7% | -83.5% |
| 2024 | 3.1% | +320.3% |
Uruguay compared with similar countries
- Uruguay's 3.1% is above the median for high income countries, which is 2.1%, 1.5× the median. (83 countries reporting)
- Uruguay's 3.1% is below the median for Latin America & Caribbean, which is 3.3%, 94% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth in Uruguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -891.4% | 0.9% | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -7.7% | 7.5% | 10 |
| 2010s | 2.9% | 0.2% | 7.8% | 10 |
| 2020s | 1.4% | -7.4% | 5.8% | 5 |
Countries ranked near Uruguay
- 107 Peru 3.3% compare
- 108 Puerto Rico 3.2% compare
- 109 Montenegro 3.2% compare
- 111 Pakistan 3.0% compare
- 112 Poland 3.0% compare
- 113 Sint Maarten (Dutch part) 3.0% compare
- 113 Solomon Islands 3.0% compare
More economy & growth data for Uruguay
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 661.04 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0077 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 195.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.12 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 128.4 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0131 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 330.36 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.26 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Uruguay?
- Annual gdp growth in Uruguay was 3.1% in 2024, 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 110th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Uruguay?
- Over the last ten years it is down 4.0%. 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
Annual GDP growth (%).