Gross domestic product (GDP) in Uruguay
Uruguay: Gross domestic product (GDP) was 90.61 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
90.61 billion international-$ in 2021 prices
Change on year
down 1.1%
World rank
96th
of 184 countries
All-time high
91.65 billion international-$ in 2021 prices
in 2022
All-time low
15.87 billion international-$ in 2021 prices
in 1950
Years of data
74
1950–2023
Gross domestic product (GDP) in Uruguay, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Uruguay recorded 90.61 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023.
Compared with earlier readings it is down 1.1% on the previous year and up 16.6% over ten years.
Over the whole period, gross domestic product (gdp) in Uruguay peaked at 91.65 billion international-$ in 2021 prices in 2022 and was at its lowest, 15.87 billion international-$ in 2021 prices, in 1950.
That places Uruguay 96th out of 184 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.
Gross domestic product (GDP) in Uruguay, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 15.87 billion international-$ in 2021 prices | — |
| 1951 | 18.69 billion international-$ in 2021 prices | +17.8% |
| 1952 | 17.74 billion international-$ in 2021 prices | -5.1% |
| 1953 | 18.63 billion international-$ in 2021 prices | +5.0% |
| 1954 | 20.55 billion international-$ in 2021 prices | +10.3% |
| 1955 | 21.19 billion international-$ in 2021 prices | +3.1% |
| 1956 | 21.16 billion international-$ in 2021 prices | -0.1% |
| 1957 | 21.87 billion international-$ in 2021 prices | +3.3% |
| 1958 | 20.72 billion international-$ in 2021 prices | -5.2% |
| 1959 | 20.07 billion international-$ in 2021 prices | -3.2% |
| 1960 | 20.95 billion international-$ in 2021 prices | +4.4% |
| 1961 | 21.23 billion international-$ in 2021 prices | +1.3% |
| 1962 | 21.50 billion international-$ in 2021 prices | +1.3% |
| 1963 | 21.08 billion international-$ in 2021 prices | -1.9% |
| 1964 | 21.92 billion international-$ in 2021 prices | +4.0% |
| 1965 | 21.88 billion international-$ in 2021 prices | -0.2% |
| 1966 | 22.74 billion international-$ in 2021 prices | +3.9% |
| 1967 | 22.05 billion international-$ in 2021 prices | -3.0% |
| 1968 | 22.42 billion international-$ in 2021 prices | +1.7% |
| 1969 | 23.91 billion international-$ in 2021 prices | +6.7% |
| 1970 | 25.60 billion international-$ in 2021 prices | +7.1% |
| 1971 | 25.75 billion international-$ in 2021 prices | +0.6% |
| 1972 | 25.02 billion international-$ in 2021 prices | -2.8% |
| 1973 | 25.61 billion international-$ in 2021 prices | +2.4% |
| 1974 | 26.08 billion international-$ in 2021 prices | +1.8% |
| 1975 | 27.09 billion international-$ in 2021 prices | +3.9% |
| 1976 | 27.36 billion international-$ in 2021 prices | +1.0% |
| 1977 | 27.06 billion international-$ in 2021 prices | -1.1% |
| 1978 | 28.45 billion international-$ in 2021 prices | +5.1% |
| 1979 | 31.01 billion international-$ in 2021 prices | +9.0% |
| 1980 | 33.03 billion international-$ in 2021 prices | +6.5% |
| 1981 | 33.45 billion international-$ in 2021 prices | +1.3% |
| 1982 | 30.07 billion international-$ in 2021 prices | -10.1% |
| 1983 | 26.94 billion international-$ in 2021 prices | -10.4% |
| 1984 | 26.81 billion international-$ in 2021 prices | -0.5% |
| 1985 | 26.62 billion international-$ in 2021 prices | -0.7% |
| 1986 | 30.23 billion international-$ in 2021 prices | +13.6% |
| 1987 | 33.65 billion international-$ in 2021 prices | +11.3% |
| 1988 | 33.42 billion international-$ in 2021 prices | -0.7% |
| 1989 | 33.64 billion international-$ in 2021 prices | +0.6% |
| 1990 | 33.38 billion international-$ in 2021 prices | -0.8% |
| 1991 | 35.16 billion international-$ in 2021 prices | +5.3% |
| 1992 | 39.60 billion international-$ in 2021 prices | +12.6% |
| 1993 | 41.07 billion international-$ in 2021 prices | +3.7% |
| 1994 | 44.54 billion international-$ in 2021 prices | +8.4% |
| 1995 | 44.23 billion international-$ in 2021 prices | -0.7% |
| 1996 | 46.95 billion international-$ in 2021 prices | +6.1% |
| 1997 | 47.40 billion international-$ in 2021 prices | +1.0% |
| 1998 | 48.15 billion international-$ in 2021 prices | +1.6% |
| 1999 | 45.55 billion international-$ in 2021 prices | -5.4% |
| 2000 | 43.55 billion international-$ in 2021 prices | -4.4% |
| 2001 | 41.56 billion international-$ in 2021 prices | -4.6% |
| 2002 | 38.23 billion international-$ in 2021 prices | -8.0% |
| 2003 | 37.86 billion international-$ in 2021 prices | -1.0% |
| 2004 | 39.15 billion international-$ in 2021 prices | +3.4% |
| 2005 | 41.43 billion international-$ in 2021 prices | +5.8% |
| 2006 | 43.84 billion international-$ in 2021 prices | +5.8% |
| 2007 | 48.44 billion international-$ in 2021 prices | +10.5% |
| 2008 | 54.33 billion international-$ in 2021 prices | +12.1% |
| 2009 | 57.77 billion international-$ in 2021 prices | +6.3% |
| 2010 | 66.37 billion international-$ in 2021 prices | +14.9% |
| 2011 | 73.84 billion international-$ in 2021 prices | +11.3% |
| 2012 | 76.20 billion international-$ in 2021 prices | +3.2% |
| 2013 | 77.69 billion international-$ in 2021 prices | +1.9% |
| 2014 | 82.25 billion international-$ in 2021 prices | +5.9% |
| 2015 | 82.82 billion international-$ in 2021 prices | +0.7% |
| 2016 | 84.29 billion international-$ in 2021 prices | +1.8% |
| 2017 | 85.36 billion international-$ in 2021 prices | +1.3% |
| 2018 | 84.72 billion international-$ in 2021 prices | -0.8% |
| 2019 | 89.33 billion international-$ in 2021 prices | +5.4% |
| 2020 | 88.13 billion international-$ in 2021 prices | -1.3% |
| 2021 | 88.72 billion international-$ in 2021 prices | +0.7% |
| 2022 | 91.65 billion international-$ in 2021 prices | +3.3% |
| 2023 | 90.61 billion international-$ in 2021 prices | -1.1% |
Uruguay compared with similar countries
- Uruguay's 90.61 billion international-$ in 2021 prices is below the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 33% of the median. (66 countries reporting)
- Uruguay's 90.61 billion international-$ in 2021 prices is above the median for Latin America & Caribbean, which is 42.33 billion international-$ in 2021 prices, 2.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 19.65 billion international-$ in 2021 prices | 15.87 billion international-$ in 2021 prices | 21.87 billion international-$ in 2021 prices | 10 |
| 1960s | 21.97 billion international-$ in 2021 prices | 20.95 billion international-$ in 2021 prices | 23.91 billion international-$ in 2021 prices | 10 |
| 1970s | 26.90 billion international-$ in 2021 prices | 25.02 billion international-$ in 2021 prices | 31.01 billion international-$ in 2021 prices | 10 |
| 1980s | 30.79 billion international-$ in 2021 prices | 26.62 billion international-$ in 2021 prices | 33.65 billion international-$ in 2021 prices | 10 |
| 1990s | 42.60 billion international-$ in 2021 prices | 33.38 billion international-$ in 2021 prices | 48.15 billion international-$ in 2021 prices | 10 |
| 2000s | 44.61 billion international-$ in 2021 prices | 37.86 billion international-$ in 2021 prices | 57.77 billion international-$ in 2021 prices | 10 |
| 2010s | 80.29 billion international-$ in 2021 prices | 66.37 billion international-$ in 2021 prices | 89.33 billion international-$ in 2021 prices | 10 |
| 2020s | 89.78 billion international-$ in 2021 prices | 88.13 billion international-$ in 2021 prices | 91.65 billion international-$ in 2021 prices | 4 |
Countries ranked near Uruguay
- 93 Jordan 106.26 billion international-$ in 2021 prices compare
- 94 Paraguay 102.71 billion international-$ in 2021 prices compare
- 95 Cambodia 100.91 billion international-$ in 2021 prices compare
- 97 Georgia 89.43 billion international-$ in 2021 prices compare
- 98 Slovenia 89.18 billion international-$ in 2021 prices compare
- 99 Bahrain 84.47 billion international-$ in 2021 prices 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$), annual growth rate 9.26 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Uruguay?
- Gross domestic product (gdp) in Uruguay was 90.61 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Uruguay?
- The highest recorded value was 91.65 billion international-$ in 2021 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Uruguay?
- The lowest recorded value was 15.87 billion international-$ in 2021 prices in 1950.
- How does Uruguay rank for gross domestic product (gdp)?
- Uruguay ranks 96th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Uruguay?
- Over the last ten years it is up 16.6%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.