Real gdp growth in Uruguay
Uruguay: Real gdp growth was 3.33 in 2024. ◆ Volatile
Real gdp growth in Uruguay, 1980–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in Uruguay stood at 3.33.
That represents a change of up 336.5% on the previous year and up 2.7% over ten years.
Over the whole period, real gdp growth in Uruguay peaked at 7.93 in 1992 and was at its lowest, -9.39, in 1982.
Uruguay ranks 108th of 196 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.
Real gdp growth in Uruguay, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 6 | — |
| 1981 | 1.9 | -68.3% |
| 1982 | -9.39 | -594.5% |
| 1983 | -5.85 | -37.7% |
| 1984 | -1.46 | -75.1% |
| 1985 | 0.298 | -120.4% |
| 1986 | 7.5 | +2416.8% |
| 1987 | 5.91 | -21.2% |
| 1988 | 0.496 | -91.6% |
| 1989 | 1.1 | +122.6% |
| 1990 | 0.297 | -73.1% |
| 1991 | 3.54 | +1091.6% |
| 1992 | 7.93 | +124.1% |
| 1993 | 2.66 | -66.5% |
| 1994 | 7.28 | +173.9% |
| 1995 | -1.45 | -119.9% |
| 1996 | 5.58 | -485.2% |
| 1997 | 5.5 | -1.5% |
| 1998 | 4.52 | -17.8% |
| 1999 | -1.94 | -142.9% |
| 2000 | -1.93 | -0.5% |
| 2001 | -3.84 | +99.2% |
| 2002 | -7.73 | +101.1% |
| 2003 | 0.805 | -110.4% |
| 2004 | 5 | +521.6% |
| 2005 | 7.46 | +49.1% |
| 2006 | 4.1 | -45.1% |
| 2007 | 6.54 | +59.6% |
| 2008 | 7.18 | +9.7% |
| 2009 | 4.24 | -40.9% |
| 2010 | 7.8 | +83.9% |
| 2011 | 5.16 | -33.8% |
| 2012 | 3.54 | -31.5% |
| 2013 | 4.64 | +31.1% |
| 2014 | 3.24 | -30.2% |
| 2015 | 0.371 | -88.5% |
| 2016 | 1.69 | +355.5% |
| 2017 | 1.74 | +3.0% |
| 2018 | 0.165 | -90.5% |
| 2019 | 0.928 | +462.4% |
| 2020 | -7.36 | -892.8% |
| 2021 | 5.84 | -179.4% |
| 2022 | 4.61 | -21.2% |
| 2023 | 0.762 | -83.5% |
| 2024 | 3.33 | +336.5% |
Uruguay compared with similar countries
- Uruguay's 3.33 is above the median for high income countries, which is 2.4, 1.4× the median. (67 countries reporting)
- Uruguay's 3.33 is below the median for Latin America & Caribbean, which is 3.37, 99% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Real gdp 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.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +2416.8% | 0.298 | 7.5 |
| 1991 | +1091.6% | 0.297 | 3.54 |
| 2020 | -892.8% | 0.928 | -7.36 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6504 | -9.39 | 7.5 | 10 |
| 1990s | 3.39 | -1.94 | 7.93 | 10 |
| 2000s | 2.18 | -7.73 | 7.46 | 10 |
| 2010s | 2.93 | 0.165 | 7.8 | 10 |
| 2020s | 1.44 | -7.36 | 5.84 | 5 |
Countries ranked near Uruguay
- 105 Barbados 3.37 compare
- 106 Seychelles 3.35 compare
- 107 Comoros, Union of the 3.34 compare
- 109 Ukraine 3.25 compare
- 110 Bosnia and Herzegovina 3.23 compare
- 110 Puerto Rico 3.23 compare
More economy & growth data for Uruguay
- Real gdp growth, annual growth rate 336.48 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0102 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 258.23 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4283 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 188.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is real gdp growth in Uruguay?
- Real gdp growth in Uruguay was 3.33 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Uruguay?
- The highest recorded value was 7.93 in 1992.
- What is the lowest real gdp growth recorded in Uruguay?
- The lowest recorded value was -9.39 in 1982.
- How does Uruguay rank for real gdp growth?
- Uruguay ranks 108th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Uruguay?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
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