Current account balance as a proportion of GDP in Uruguay
Uruguay: Current account balance as a proportion of GDP was -0.8% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Uruguay, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Uruguay is -0.8%, measured in 2024.
The figure is up 74.3% on the previous year and up 73.9% over ten years.
Over the whole period, current account balance as a proportion of gdp in Uruguay peaked at 2.8% in 2002 and was at its lowest, -5.6%, in 2008.
That places Uruguay 85th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Uruguay, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -2.5% | — |
| 2001 | -2.4% | -4.0% |
| 2002 | 2.8% | -217.9% |
| 2003 | -0.7% | -125.8% |
| 2004 | 0.0% | -103.2% |
| 2005 | 0.2% | +966.5% |
| 2006 | -2.0% | -915.2% |
| 2007 | -0.9% | -53.3% |
| 2008 | -5.6% | +499.8% |
| 2009 | -1.2% | -79.0% |
| 2010 | -1.7% | +49.5% |
| 2011 | -2.6% | +49.9% |
| 2012 | -3.8% | +43.8% |
| 2013 | -3.3% | -12.5% |
| 2014 | -3.0% | -9.1% |
| 2015 | -0.3% | -91.5% |
| 2016 | 0.8% | -423.5% |
| 2017 | 0.0% | -98.6% |
| 2018 | -0.5% | -4159.5% |
| 2019 | 1.3% | -380.7% |
| 2020 | -0.6% | -149.7% |
| 2021 | -2.4% | +279.5% |
| 2022 | -3.5% | +44.7% |
| 2023 | -3.0% | -13.6% |
| 2024 | -0.8% | -74.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.2% | -5.6% | 2.8% | 10 |
| 2010s | -1.3% | -3.8% | 1.3% | 10 |
| 2020s | -2.1% | -3.5% | -0.6% | 5 |
Countries ranked near Uruguay
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.11 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.204 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 5,145 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -8.45 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -6.22 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 6.19 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.63 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 66,266 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Uruguay?
- Current account balance as a proportion of gdp in Uruguay was -0.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Uruguay?
- The highest recorded value was 2.8% in 2002.
- What is the lowest current account balance as a proportion of gdp recorded in Uruguay?
- The lowest recorded value was -5.6% in 2008.
- How does Uruguay rank for current account balance as a proportion of gdp?
- Uruguay ranks 85th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Uruguay?
- Over the last ten years it is up 73.9%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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