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

Uruguay: Gross domestic product (GDP), annual growth rate was -1.14 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-1.14 % change on previous year
Change on year
down 134.5%
World rank
154th
of 184 countries
All-time high
17.75 % change on previous year
in 1951
All-time low
-10.4 % change on previous year
in 1983
Years of data
73
1951–2023

Gross domestic product (GDP), annual growth rate in Uruguay, 1951–2023

-1001020195119872023

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

Analysis

In 2023, gross domestic product (gdp), annual growth rate in Uruguay stood at -1.14 % change on previous year.

Compared with earlier readings it is down 134.5% on the previous year and down 158.7% over ten years.

Over the whole period, gross domestic product (gdp), annual growth rate in Uruguay peaked at 17.75 % change on previous year in 1951 and was at its lowest, -10.4 % change on previous year, in 1983.

Uruguay ranks 154th of 184 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Gross domestic product (GDP), annual growth rate in Uruguay, 1951 to 2023.
Year % change on previous year Change
1951 17.75 % change on previous year
1952 -5.09 % change on previous year -128.7%
1953 5.01 % change on previous year -198.4%
1954 10.3 % change on previous year +105.8%
1955 3.1 % change on previous year -69.9%
1956 -0.1043 % change on previous year -103.4%
1957 3.32 % change on previous year -3286.6%
1958 -5.23 % change on previous year -257.5%
1959 -3.17 % change on previous year -39.4%
1960 4.42 % change on previous year -239.2%
1961 1.32 % change on previous year -70.2%
1962 1.29 % change on previous year -2.0%
1963 -1.95 % change on previous year -250.9%
1964 3.97 % change on previous year -304.1%
1965 -0.2012 % change on previous year -105.1%
1966 3.94 % change on previous year -2060.6%
1967 -3.04 % change on previous year -177.1%
1968 1.68 % change on previous year -155.2%
1969 6.67 % change on previous year +297.7%
1970 7.06 % change on previous year +5.8%
1971 0.5699 % change on previous year -91.9%
1972 -2.83 % change on previous year -595.8%
1973 2.36 % change on previous year -183.4%
1974 1.83 % change on previous year -22.5%
1975 3.87 % change on previous year +111.8%
1976 1.01 % change on previous year -74.0%
1977 -1.09 % change on previous year -208.0%
1978 5.14 % change on previous year -572.0%
1979 8.98 % change on previous year +74.9%
1980 6.52 % change on previous year -27.4%
1981 1.28 % change on previous year -80.4%
1982 -10.11 % change on previous year -892.1%
1983 -10.4 % change on previous year +2.9%
1984 -0.5011 % change on previous year -95.2%
1985 -0.7129 % change on previous year +42.3%
1986 13.58 % change on previous year -2004.9%
1987 11.32 % change on previous year -16.6%
1988 -0.6778 % change on previous year -106.0%
1989 0.6408 % change on previous year -194.5%
1990 -0.7833 % change on previous year -222.2%
1991 5.34 % change on previous year -782.3%
1992 12.63 % change on previous year +136.3%
1993 3.72 % change on previous year -70.5%
1994 8.44 % change on previous year +126.8%
1995 -0.6794 % change on previous year -108.1%
1996 6.13 % change on previous year -1001.9%
1997 0.9745 % change on previous year -84.1%
1998 1.59 % change on previous year +62.8%
1999 -5.42 % change on previous year -441.4%
2000 -4.38 % change on previous year -19.1%
2001 -4.58 % change on previous year +4.4%
2002 -8.01 % change on previous year +75.1%
2003 -0.9645 % change on previous year -88.0%
2004 3.42 % change on previous year -454.8%
2005 5.81 % change on previous year +69.6%
2006 5.83 % change on previous year +0.4%
2007 10.5 % change on previous year +80.2%
2008 12.15 % change on previous year +15.7%
2009 6.33 % change on previous year -47.9%
2010 14.89 % change on previous year +135.4%
2011 11.25 % change on previous year -24.4%
2012 3.2 % change on previous year -71.5%
2013 1.94 % change on previous year -39.3%
2014 5.88 % change on previous year +202.6%
2015 0.6909 % change on previous year -88.2%
2016 1.77 % change on previous year +156.2%
2017 1.28 % change on previous year -27.9%
2018 -0.7556 % change on previous year -159.2%
2019 5.44 % change on previous year -820.0%
2020 -1.34 % change on previous year -124.6%
2021 0.6714 % change on previous year -150.2%
2022 3.3 % change on previous year +391.7%
2023 -1.14 % change on previous year -134.5%

Biggest year-on-year movements

Years where Gross domestic product (GDP), annual growth rate 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
1957 +3286.6% -0.1043 % change on previous year 3.32 % change on previous year
1966 +2060.6% -0.2012 % change on previous year 3.94 % change on previous year
1986 +2004.9% -0.7129 % change on previous year 13.58 % change on previous year
1996 +1001.9% -0.6794 % change on previous year 6.13 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1950s 2.88 % change on previous year -5.23 % change on previous year 17.75 % change on previous year 9
1960s 1.81 % change on previous year -3.04 % change on previous year 6.67 % change on previous year 10
1970s 2.69 % change on previous year -2.83 % change on previous year 8.98 % change on previous year 10
1980s 1.09 % change on previous year -10.4 % change on previous year 13.58 % change on previous year 10
1990s 3.19 % change on previous year -5.42 % change on previous year 12.63 % change on previous year 10
2000s 2.61 % change on previous year -8.01 % change on previous year 12.15 % change on previous year 10
2010s 4.56 % change on previous year -0.7556 % change on previous year 14.89 % change on previous year 10
2020s 0.3735 % change on previous year -1.34 % change on previous year 3.3 % change on previous year 4

Countries ranked near Uruguay

  1. 151 Nigeria -1.03 % change on previous year compare
  2. 152 Iraq -1.09 % change on previous year compare
  3. 153 Argentina -1.12 % change on previous year compare
  4. 155 Austria -1.17 % change on previous year compare
  5. 156 Finland -1.21 % change on previous year compare
  6. 157 Trinidad and Tobago -1.3 % change on previous year compare

See the full ranking of 184 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 -1.14 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross domestic product (gdp), annual growth rate recorded in Uruguay?
The highest recorded value was 17.75 % change on previous year in 1951.
What is the lowest gross domestic product (gdp), annual growth rate recorded in Uruguay?
The lowest recorded value was -10.4 % change on previous year in 1983.
How does Uruguay rank for gross domestic product (gdp), annual growth rate?
Uruguay ranks 154th out of 184 countries with data for 2023.
Is gross domestic product (gdp), annual growth rate rising or falling in Uruguay?
Over the last ten years it is down 158.7%. 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 23 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate/uruguay/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate/uruguay/">Gross domestic product (GDP), annual growth rate in Uruguay</a> — Statizoid

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
184 places, 10,706 data points, 1951–2023
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.