Gross Domestic Product — Value Standard Local Currency, annual growth in Uruguay

Uruguay: Gross Domestic Product — Value Standard Local Currency, annual growth was 7.52 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.52 % change on previous year
Change on year
up 97.4%
World rank
98th
of 218 countries
All-time high
107.19 % change on previous year
in 1991
All-time low
0.797 % change on previous year
in 2001
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in Uruguay, 1971–2024

0255075100197119972024

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

Analysis

Uruguay recorded 7.52 % change on previous year for gross domestic product — value standard local currency, annual growth in 2024.

Compared with earlier readings it is up 97.4% on the previous year and down 48.1% over ten years.

Over the whole period, gross domestic product — value standard local currency, annual growth in Uruguay peaked at 107.19 % change on previous year in 1991 and was at its lowest, 0.797 % change on previous year, in 2001.

Uruguay ranks 98th of 218 countries on this measure, 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 — Value Standard Local Currency, annual growth in Uruguay, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in Uruguay, 1971 to 2024.
Year % change on previous year Change
1971 20.13 % change on previous year
1972 72.02 % change on previous year +257.7%
1973 106.2 % change on previous year +47.5%
1974 77.51 % change on previous year -27.0%
1975 79.63 % change on previous year +2.7%
1976 54.76 % change on previous year -31.2%
1977 57.58 % change on previous year +5.1%
1978 55.31 % change on previous year -3.9%
1979 86.31 % change on previous year +56.0%
1980 60.01 % change on previous year -30.5%
1981 32.81 % change on previous year -45.3%
1982 5.1 % change on previous year -84.5%
1983 43.75 % change on previous year +758.3%
1984 54.5 % change on previous year +24.6%
1985 76.6 % change on previous year +40.6%
1986 86.04 % change on previous year +12.3%
1987 86.59 % change on previous year +0.6%
1988 64.04 % change on previous year -26.0%
1989 77.56 % change on previous year +21.1%
1990 102.18 % change on previous year +31.7%
1991 107.19 % change on previous year +4.9%
1992 92.16 % change on previous year -14.0%
1993 51.78 % change on previous year -43.8%
1994 49.07 % change on previous year -5.2%
1995 39.01 % change on previous year -20.5%
1996 33.48 % change on previous year -14.2%
1997 25.3 % change on previous year -24.4%
1998 17.46 % change on previous year -31.0%
1999 2.3 % change on previous year -86.8%
2000 1.54 % change on previous year -33.1%
2001 0.797 % change on previous year -48.3%
2002 3.91 % change on previous year +390.4%
2003 17.48 % change on previous year +347.2%
2004 15.61 % change on previous year -10.7%
2005 8.19 % change on previous year -47.6%
2006 10.9 % change on previous year +33.1%
2007 16.58 % change on previous year +52.1%
2008 15.78 % change on previous year -4.8%
2009 12.32 % change on previous year -21.9%
2010 13.09 % change on previous year +6.3%
2011 16.23 % change on previous year +24.0%
2012 13.96 % change on previous year -14.0%
2013 14.74 % change on previous year +5.6%
2014 14.48 % change on previous year -1.8%
2015 10.94 % change on previous year -24.5%
2016 11.15 % change on previous year +1.9%
2017 7.52 % change on previous year -32.6%
2018 7.7 % change on previous year +2.4%
2019 9.26 % change on previous year +20.2%
2020 2.79 % change on previous year -69.9%
2021 17.36 % change on previous year +523.1%
2022 9.15 % change on previous year -47.3%
2023 3.81 % change on previous year -58.4%
2024 7.52 % change on previous year +97.4%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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
1983 +758.3% 5.1 % change on previous year 43.75 % change on previous year
2021 +523.1% 2.79 % change on previous year 17.36 % change on previous year
2002 +390.4% 0.797 % change on previous year 3.91 % change on previous year
2003 +347.2% 3.91 % change on previous year 17.48 % change on previous year
1972 +257.7% 20.13 % change on previous year 72.02 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 67.72 % change on previous year 20.13 % change on previous year 106.2 % change on previous year 9
1980s 58.7 % change on previous year 5.1 % change on previous year 86.59 % change on previous year 10
1990s 51.99 % change on previous year 2.3 % change on previous year 107.19 % change on previous year 10
2000s 10.31 % change on previous year 0.797 % change on previous year 17.48 % change on previous year 10
2010s 11.91 % change on previous year 7.52 % change on previous year 16.23 % change on previous year 10
2020s 8.13 % change on previous year 2.79 % change on previous year 17.36 % change on previous year 5

Countries ranked near Uruguay

  1. 95 Central African Republic 7.63 % change on previous year compare
  2. 96 Colombia 7.62 % change on previous year compare
  3. 97 Monaco 7.58 % change on previous year compare
  4. 99 Guatemala 7.44 % change on previous year compare
  5. 100 Kiribati 7.39 % change on previous year compare
  6. 101 Brazil 7.32 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for Uruguay

All data for Uruguay →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in Uruguay?
Gross domestic product — value standard local currency, annual growth in Uruguay was 7.52 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in Uruguay?
The highest recorded value was 107.19 % change on previous year in 1991.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in Uruguay?
The lowest recorded value was 0.797 % change on previous year in 2001.
How does Uruguay rank for gross domestic product — value standard local currency, annual growth?
Uruguay ranks 98th out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth rising or falling in Uruguay?
Over the last ten years it is down 48.1%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in Uruguay. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/uruguay/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. 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 — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.