Income inequality: Palma ratio (after tax) in Uruguay
Uruguay: Income inequality: Palma ratio (after tax) was 1.7 in 2024. ▼ Falling
Income inequality: Palma ratio (after tax) in Uruguay, 2004–2024
Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data.
Analysis
The most recent figure for income inequality: palma ratio (after tax) in Uruguay is 1.7, measured in 2024.
The figure is down 2.1% on the previous year and up 8.4% over ten years.
Over the whole period, income inequality: palma ratio (after tax) in Uruguay peaked at 2.24 in 2004 and was at its lowest, 1.48, in 2012.
That places Uruguay 10th out of 48 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Income inequality: Palma ratio (after tax) in Uruguay, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.24 | — |
| 2005 | 2.11 | -6.0% |
| 2006 | 2.19 | +3.8% |
| 2007 | 2.17 | -0.6% |
| 2008 | 2.15 | -0.9% |
| 2009 | 2.07 | -3.7% |
| 2010 | 1.93 | -7.0% |
| 2011 | 1.71 | -11.3% |
| 2012 | 1.48 | -13.6% |
| 2013 | 1.62 | +9.5% |
| 2014 | 1.56 | -3.2% |
| 2015 | 1.58 | +1.0% |
| 2016 | 1.55 | -2.2% |
| 2017 | 1.56 | +1.0% |
| 2018 | 1.56 | +0.1% |
| 2019 | 1.57 | +0.3% |
| 2022 | 1.7 | +8.7% |
| 2023 | 1.73 | +1.7% |
| 2024 | 1.7 | -2.1% |
Uruguay compared with similar countries
- Uruguay's 1.7 is above the median for high income countries, which is 1.09, 1.6× the median. (36 countries reporting)
- Uruguay's 1.7 is below the median for Latin America & Caribbean, which is 2.46, 69% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.16 | 2.07 | 2.24 | 6 |
| 2010s | 1.61 | 1.48 | 1.93 | 10 |
| 2020s | 1.71 | 1.7 | 1.73 | 3 |
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)
- 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 income inequality: palma ratio (after tax) in Uruguay?
- Income inequality: palma ratio (after tax) in Uruguay was 1.7 in 2024, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
- What is the highest income inequality: palma ratio (after tax) recorded in Uruguay?
- The highest recorded value was 2.24 in 2004.
- What is the lowest income inequality: palma ratio (after tax) recorded in Uruguay?
- The lowest recorded value was 1.48 in 2012.
- How does Uruguay rank for income inequality: palma ratio (after tax)?
- Uruguay ranks 10th out of 48 countries with data for 2024.
- Is income inequality: palma ratio (after tax) rising or falling in Uruguay?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is falling.
- Where does this Uruguay data come from?
- The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Income inequality: Palma ratio (after tax). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income after taxes and benefits.