Gross domestic product (GDP), annual growth rate (Bolt) in Uruguay

Uruguay: Gross domestic product (GDP), annual growth rate (Bolt) was 4.89 % change on previous year in 2022. ◆ Volatile

Latest (2022)
4.89 % change on previous year
Change on year
up 11.0%
World rank
54th
of 166 countries
All-time high
30.09 % change on previous year
in 1888
All-time low
-20.35 % change on previous year
in 1920
Years of data
152
1871–2022

Gross domestic product (GDP), annual growth rate in Uruguay, 1871–2022

-2002040187119462022

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Uruguay recorded 4.89 % change on previous year for gross domestic product (gdp), annual growth rate in 2022.

Compared with earlier readings it is up 11.0% on the previous year and up 38.1% over ten years.

Over the whole period, gross domestic product (gdp), annual growth rate in Uruguay peaked at 30.09 % change on previous year in 1888 and was at its lowest, -20.35 % change on previous year, in 1920.

That places Uruguay 54th out of 166 countries with data for 2022, 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), annual growth rate (Bolt) in Uruguay, year by year

Annual values for Gross domestic product (GDP), annual growth rate in Uruguay, 1871 to 2022.
Year % change on previous year Change
1871 3.21 % change on previous year —
1872 20.39 % change on previous year +535.6%
1873 5.65 % change on previous year -72.3%
1874 -8.41 % change on previous year -248.9%
1875 -14.71 % change on previous year +74.9%
1876 12.26 % change on previous year -183.3%
1877 0.33 % change on previous year -97.3%
1878 10.33 % change on previous year +3029.7%
1879 -11.92 % change on previous year -215.5%
1880 12.62 % change on previous year -205.8%
1881 -6.37 % change on previous year -150.5%
1882 13.94 % change on previous year -318.7%
1883 21.79 % change on previous year +56.3%
1884 1.48 % change on previous year -93.2%
1885 16.88 % change on previous year +1041.1%
1886 7.54 % change on previous year -55.3%
1887 -15.09 % change on previous year -300.0%
1888 30.09 % change on previous year -299.4%
1889 -6.99 % change on previous year -123.2%
1890 -8.29 % change on previous year +18.7%
1891 4.31 % change on previous year -151.9%
1892 2.97 % change on previous year -30.9%
1893 8.29 % change on previous year +178.7%
1894 10.66 % change on previous year +28.5%
1895 0.4589 % change on previous year -95.7%
1896 4.14 % change on previous year +803.2%
1897 -0.6854 % change on previous year -116.5%
1898 -10.83 % change on previous year +1480.1%
1899 5.8 % change on previous year -153.5%
1900 -1.3 % change on previous year -122.4%
1901 5.99 % change on previous year -560.6%
1902 15.51 % change on previous year +158.9%
1903 1.69 % change on previous year -89.1%
1904 1.66 % change on previous year -1.7%
1905 -14.26 % change on previous year -956.6%
1906 14.66 % change on previous year -202.8%
1907 8.1 % change on previous year -44.8%
1908 8.96 % change on previous year +10.7%
1909 1.82 % change on previous year -79.7%
1910 5.18 % change on previous year +184.2%
1911 2.87 % change on previous year -44.6%
1912 18.33 % change on previous year +539.3%
1913 -3.83 % change on previous year -120.9%
1914 -18.97 % change on previous year +394.7%
1915 -4.63 % change on previous year -75.6%
1916 -0.9512 % change on previous year -79.4%
1917 16.13 % change on previous year -1795.7%
1918 1.86 % change on previous year -88.5%
1919 19.51 % change on previous year +950.2%
1920 -20.35 % change on previous year -204.3%
1921 0.8899 % change on previous year -104.4%
1922 11.99 % change on previous year +1247.6%
1923 8.63 % change on previous year -28.1%
1924 5.88 % change on previous year -31.8%
1925 1.2 % change on previous year -79.6%
1926 10.69 % change on previous year +790.0%
1927 14.33 % change on previous year +34.1%
1928 4.3 % change on previous year -70.0%
1929 1.42 % change on previous year -67.0%
1930 17.96 % change on previous year +1164.7%
1931 -17.36 % change on previous year -196.7%
1932 -6.49 % change on previous year -62.6%
1933 -6.08 % change on previous year -6.3%
1934 16.03 % change on previous year -363.6%
1935 3.74 % change on previous year -76.7%
1936 1.61 % change on previous year -56.9%
1937 4.77 % change on previous year +195.7%
1938 8.57 % change on previous year +79.6%
1939 0.5159 % change on previous year -94.0%
1940 -5.36 % change on previous year -1138.7%
1941 6.03 % change on previous year -212.5%
1942 -6.34 % change on previous year -205.0%
1943 -1.94 % change on previous year -69.5%
1944 14.69 % change on previous year -858.9%
1945 3.09 % change on previous year -78.9%
1946 10.31 % change on previous year +233.5%
1947 -1.22 % change on previous year -111.9%
1948 2.91 % change on previous year -337.5%
1949 13.03 % change on previous year +348.3%
1950 7.72 % change on previous year -40.8%
1951 9.01 % change on previous year +16.7%
1952 -1.27 % change on previous year -114.1%
1953 10.71 % change on previous year -941.1%
1954 4.5 % change on previous year -58.0%
1955 0.3882 % change on previous year -91.4%
1956 2.15 % change on previous year +452.6%
1957 0.8885 % change on previous year -58.6%
1958 -3.35 % change on previous year -477.4%
1959 -2.99 % change on previous year -10.7%
1960 4.07 % change on previous year -235.9%
1961 2.58 % change on previous year -36.5%
1962 -1.82 % change on previous year -170.3%
1963 0.6462 % change on previous year -135.6%
1964 1.85 % change on previous year +186.1%
1965 1.11 % change on previous year -40.0%
1966 3.67 % change on previous year +231.1%
1967 -4.09 % change on previous year -211.4%
1968 1.68 % change on previous year -141.2%
1969 6.22 % change on previous year +269.5%
1970 4.55 % change on previous year -26.8%
1971 -1.12 % change on previous year -124.7%
1972 -3.54 % change on previous year +214.5%
1973 3.33 % change on previous year -194.3%
1974 3.84 % change on previous year +15.2%
1975 4.95 % change on previous year +28.8%
1976 4 % change on previous year -19.1%
1977 1.73 % change on previous year -56.8%
1978 6.62 % change on previous year +282.2%
1979 5.71 % change on previous year -13.7%
1980 6.4 % change on previous year +12.1%
1981 -1.9 % change on previous year -129.8%
1982 -6.21 % change on previous year +226.3%
1983 -5.9 % change on previous year -5.1%
1984 -0.9947 % change on previous year -83.1%
1985 1.22 % change on previous year -223.1%
1986 8.85 % change on previous year +622.6%
1987 7.67 % change on previous year -13.4%
1988 0.1448 % change on previous year -98.1%
1989 1.13 % change on previous year +682.2%
1990 0.7124 % change on previous year -37.1%
1991 3.18 % change on previous year +346.9%
1992 7.65 % change on previous year +140.3%
1993 2.45 % change on previous year -67.9%
1994 7.03 % change on previous year +186.8%
1995 -1.63 % change on previous year -123.2%
1996 5.16 % change on previous year -416.4%
1997 5.03 % change on previous year -2.6%
1998 4.41 % change on previous year -12.4%
1999 -2.51 % change on previous year -157.0%
2000 -1.88 % change on previous year -25.3%
2001 -4.15 % change on previous year +121.3%
2002 -8.24 % change on previous year +98.5%
2003 0.6236 % change on previous year -107.6%
2004 4.77 % change on previous year +664.5%
2005 6.92 % change on previous year +45.2%
2006 3.86 % change on previous year -44.3%
2007 5.94 % change on previous year +53.9%
2008 6.64 % change on previous year +11.9%
2009 2.08 % change on previous year -68.7%
2010 8.65 % change on previous year +315.6%
2011 5.1 % change on previous year -41.1%
2012 3.54 % change on previous year -30.6%
2013 4.64 % change on previous year +31.1%
2014 3.24 % change on previous year -30.2%
2015 0.371 % change on previous year -88.5%
2016 1.69 % change on previous year +355.5%
2017 1.63 % change on previous year -3.7%
2018 0.478 % change on previous year -70.6%
2019 0.35 % change on previous year -26.8%
2020 -6.12 % change on previous year -1847.2%
2021 4.4 % change on previous year -172.0%
2022 4.89 % change on previous year +11.0%

Uruguay compared with similar countries

  • Uruguay's 4.89 % change on previous year is above the median for high income countries, which is 3.67 % change on previous year, 1.3× the median. (55 countries reporting)
  • Uruguay's 4.89 % change on previous year is above the median for Latin America & Caribbean, which is 3.87 % change on previous year, 1.3× the median. (26 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), annual growth rate (Bolt) 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.

YearChange FromTo
1878 +3029.7% 0.33 % change on previous year 10.33 % change on previous year
2020 -1847.2% 0.35 % change on previous year -6.12 % change on previous year
1917 +1795.7% -0.9512 % change on previous year 16.13 % change on previous year
1898 -1480.1% -0.6854 % change on previous year -10.83 % change on previous year
1922 +1247.6% 0.8899 % change on previous year 11.99 % change on previous year
1930 +1164.7% 1.42 % change on previous year 17.96 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1870s 1.9 % change on previous year -14.71 % change on previous year 20.39 % change on previous year 9
1880s 7.59 % change on previous year -15.09 % change on previous year 30.09 % change on previous year 10
1890s 1.68 % change on previous year -10.83 % change on previous year 10.66 % change on previous year 10
1900s 4.28 % change on previous year -14.26 % change on previous year 15.51 % change on previous year 10
1910s 3.55 % change on previous year -18.97 % change on previous year 19.51 % change on previous year 10
1920s 3.9 % change on previous year -20.35 % change on previous year 14.33 % change on previous year 10
1930s 2.33 % change on previous year -17.36 % change on previous year 17.96 % change on previous year 10
1940s 3.52 % change on previous year -6.34 % change on previous year 14.69 % change on previous year 10
1950s 2.77 % change on previous year -3.35 % change on previous year 10.71 % change on previous year 10
1960s 1.59 % change on previous year -4.09 % change on previous year 6.22 % change on previous year 10
1970s 3.01 % change on previous year -3.54 % change on previous year 6.62 % change on previous year 10
1980s 1.04 % change on previous year -6.21 % change on previous year 8.85 % change on previous year 10
1990s 3.15 % change on previous year -2.51 % change on previous year 7.65 % change on previous year 10
2000s 1.66 % change on previous year -8.24 % change on previous year 6.92 % change on previous year 10
2010s 2.97 % change on previous year 0.35 % change on previous year 8.65 % change on previous year 10
2020s 1.06 % change on previous year -6.12 % change on previous year 4.89 % change on previous year 3

Countries ranked near Uruguay

  1. 51 Dominican Republic 4.95 % change on previous year compare
  2. 52 Uganda 4.93 % change on previous year compare
  3. 53 Gambia 4.91 % change on previous year compare
  4. 55 Poland 4.87 % change on previous year compare
  5. 56 Liberia 4.81 % change on previous year compare
  6. 57 Senegal 4.71 % change on previous year compare

See the full ranking of 166 places →

More economy & growth data for Uruguay

All data for Uruguay →

Frequently asked questions

What is gross domestic product (gdp), annual growth rate in Uruguay?
Gross domestic product (gdp), annual growth rate in Uruguay was 4.89 % change on previous year in 2022, according to Statizoid (derived).
What is the highest gross domestic product (gdp), annual growth rate recorded in Uruguay?
The highest recorded value was 30.09 % change on previous year in 1888.
What is the lowest gross domestic product (gdp), annual growth rate recorded in Uruguay?
The lowest recorded value was -20.35 % change on previous year in 1920.
How does Uruguay rank for gross domestic product (gdp), annual growth rate?
Uruguay ranks 54th out of 166 countries with data for 2022.
Is gross domestic product (gdp), annual growth rate rising or falling in Uruguay?
Over the last ten years it is up 38.1%. The long-run trend across the full record is volatile.
Where does this Uruguay data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), annual growth rate in Uruguay. Statizoid, drawing on Statizoid (derived). Retrieved 11 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate-3/uruguay/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 15,244 data points, 1821–2022
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.