Trade in services in Uruguay

Uruguay: Trade in services was 15.6% in 2025. ▲ Rising

Latest (2025)
15.6%
Change on year
down 3.7%
World rank
126th
of 199 countries
All-time high
17.3%
in 2023
All-time low
8.1%
in 1988
Years of data
48
1978–2025

Trade in services in Uruguay, 1978–2025

051015197820012025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Uruguay recorded 15.6% for trade in services in 2025.

The figure is down 3.7% on the previous year and down 4.9% over ten years.

Over the whole period, trade in services in Uruguay peaked at 17.3% in 2023 and was at its lowest, 8.1%, in 1988.

Uruguay ranks 126th of 199 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 48 years of available data.

Trade in services in Uruguay, year by year

Annual values for Trade in services (% of GDP) in Uruguay, 1978 to 2025.
Year % of GDP Change
1978 9.9%
1979 10.4% +4.3%
1980 9.3% -10.4%
1981 8.8% -4.7%
1982 9.0% +2.0%
1983 14.7% +63.1%
1984 14.4% -2.0%
1985 15.7% +8.9%
1986 13.8% -12.4%
1987 10.4% -24.7%
1988 8.1% -22.0%
1989 10.1% +25.4%
1990 9.2% -8.9%
1991 9.1% -1.5%
1992 10.8% +18.7%
1993 11.8% +9.7%
1994 12.5% +6.0%
1995 11.5% -8.4%
1996 10.9% -5.1%
1997 9.6% -11.5%
1998 8.7% -10.1%
1999 8.6% -0.8%
2000 9.5% +9.8%
2001 9.2% -2.3%
2002 10.2% +10.6%
2003 11.7% +14.4%
2004 13.9% +18.6%
2005 13.0% -6.5%
2006 12.0% -7.5%
2007 12.5% +3.9%
2008 12.2% -1.9%
2009 11.1% -9.5%
2010 10.1% -9.0%
2011 11.3% +12.4%
2012 16.8% +48.5%
2013 16.5% -1.8%
2014 16.2% -1.7%
2015 16.4% +1.4%
2016 15.3% -7.0%
2017 15.3% -0.1%
2018 15.4% +0.8%
2019 16.7% +8.5%
2020 14.2% -14.8%
2021 13.6% -4.0%
2022 17.1% +25.0%
2023 17.3% +1.1%
2024 16.2% -5.9%
2025 15.6% -3.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.1% 9.9% 10.4% 2
1980s 11.4% 8.1% 15.7% 10
1990s 10.3% 8.6% 12.5% 10
2000s 11.5% 9.2% 13.9% 10
2010s 15.0% 10.1% 16.8% 10
2020s 15.7% 13.6% 17.3% 6

Countries ranked near Uruguay

  1. 123 Madagascar 15.9% compare
  2. 124 Dominican Republic 15.8% compare
  3. 125 Trinidad and Tobago 15.7% compare
  4. 127 Uzbekistan 15.6% compare
  5. 128 India 15.5% compare
  6. 129 Saudi Arabia 15.5% compare

See the full ranking of 246 places →

More economy & growth data for Uruguay

All data for Uruguay →

Frequently asked questions

What is trade in services in Uruguay?
Trade in services in Uruguay was 15.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest trade in services recorded in Uruguay?
The highest recorded value was 17.3% in 2023.
What is the lowest trade in services recorded in Uruguay?
The lowest recorded value was 8.1% in 1988.
How does Uruguay rank for trade in services?
Uruguay ranks 126th out of 199 countries with data for 2025.
Is trade in services rising or falling in Uruguay?
Over the last ten years it is down 4.9%. The long-run trend across the full record is rising.
Where does this Uruguay data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.

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Trade in services in Uruguay. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/trade-in-services-percent-of-gdp/uruguay/

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About this data

Indicator
Trade in services (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,875 data points, 1960–2025
Last refreshed

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.