Trade in services (% of GDP) in Uruguay
Uruguay: Trade in services (% of GDP) was 15.6% in 2025. ▲ Rising
Trade in services in Uruguay, 1978–2025
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 5.0% 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 127th of 200 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 (% of GDP) in Uruguay, year by year
| 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% |
Uruguay compared with similar countries
- Uruguay's 15.6% is below the median for high income countries, which is 32.3%, 48% of the median. (72 countries reporting)
- Uruguay's 15.6% is below the median for Latin America & Caribbean, which is 27.7%, 56% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Trade in services (% of GDP) 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 |
|---|---|---|---|
| 1983 | +63.1% | 9.0% | 14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 124 Burundi 16.5% compare
- 125 Madagascar 15.9% compare
- 126 Dominican Republic 15.8% compare
- 128 Uzbekistan 15.6% compare
- 129 Trinidad and Tobago 15.6% compare
- 130 India 15.5% compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
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 127th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Uruguay?
- Over the last ten years it is down 5.0%. 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.
Download this data
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About this data
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.