Current account balance as a proportion of gdp in Uruguay
Uruguay: Current account balance as a proportion of gdp was -3.34 in 2023. ◆ Volatile
Current account balance as a proportion of gdp in Uruguay, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for current account balance as a proportion of gdp in Uruguay is -3.34, measured in 2023.
That represents a change of up 10.5% on the previous year and down 1.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in Uruguay peaked at 2.81 in 2002 and was at its lowest, -5.56, in 2008.
That places Uruguay 124th out of 191 countries with data for 2023, 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 | -2.48 | — |
| 2001 | -2.38 | -4.0% |
| 2002 | 2.81 | -218.1% |
| 2003 | -0.72 | -125.6% |
| 2004 | 0.02 | -102.8% |
| 2005 | 0.24 | +1100.0% |
| 2006 | -1.99 | -929.2% |
| 2007 | -0.93 | -53.3% |
| 2008 | -5.56 | +497.8% |
| 2009 | -1.17 | -79.0% |
| 2010 | -1.74 | +48.7% |
| 2011 | -2.61 | +50.0% |
| 2012 | -3.76 | +44.1% |
| 2013 | -3.29 | -12.5% |
| 2014 | -2.99 | -9.1% |
| 2015 | -0.26 | -91.3% |
| 2016 | 0.83 | -419.2% |
| 2017 | 0.01 | -98.8% |
| 2018 | -0.46 | -4700.0% |
| 2019 | 1.29 | -380.4% |
| 2020 | -0.73 | -156.6% |
| 2021 | -2.46 | +237.0% |
| 2022 | -3.73 | +51.6% |
| 2023 | -3.34 | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.22 | -5.56 | 2.81 | 10 |
| 2010s | -1.3 | -3.76 | 1.29 | 10 |
| 2020s | -2.56 | -3.73 | -0.73 | 4 |
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)
- GDP (current US$), annual growth rate 3.67 % change on previous year (2025)
- GDP (current US$), per capita 25,216 current US$ per person (2025)
- GDP (current LCU), annual growth rate 6.2 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 41.19 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.04 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.78 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7683 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 19,374 constant 2015 US$ 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 -3.34 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Uruguay?
- The highest recorded value was 2.81 in 2002.
- What is the lowest current account balance as a proportion of gdp recorded in Uruguay?
- The lowest recorded value was -5.56 in 2008.
- How does Uruguay rank for current account balance as a proportion of gdp?
- Uruguay ranks 124th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Uruguay?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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