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COUNTRIES

&

REGIONSKeyeconomicindicatorsofUruguayCHAPTER

01GrossdomesticproductUruguay:Grossdomesticproduct(GDP)incurrentpricesfrom1989to2029(inbillionU.S.dollars)Grossdomesticproduct(GDP)inUruguay20291201008060402004Description:Thegrossdomesticproduct(GDP)incurrentpricesinUruguaywasforecasttocontinuouslyincreasebetween2024and2029byintotal20.7billionU.S.dollars(+25.06percent).Aftertheninthconsecutiveincreasingyear,theGDPisestimatedtoreach103.27billionU.S.dollarsandthereforeanewpeakin2029.ReadmoreNote(s):Uruguay;1989to2029;*Estimate.Figureshavebeenroundedforbetterunderstandingofthestatistic.ReadmoreSource(s):IMFGrossdomesticproduct(GDP)atbillioninternationaldollars)ofUruguayfrom2007to2029(inGrossdomesticproduct(GDP)atofUruguay2007-202916014012010080133.84128.5123.28118.16113.03107.95101.6497.7187.1884.158280.0378.9777.2274.54

75.2670.7467.0666.1761.6556.5604020053.8749.312007

2008

2009

2010

2011

2012

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2014

2015

2016

2017

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2019

2020

2021

2022

2023

2024*

2025*

2026*

2027*

2028*

2029*5Description:Thegrossdomesticproduct(GDP)atinUruguaywasforecasttocontinuouslyincreasebetween2024and2029byintotal25.9billioninternationaldollars(+23.99percent).Aftertheninthconsecutiveincreasingyear,theGDPisestimatedtoreach133.84billioninternationaldollarsandthereforeanewpeakin2029.ReadmoreNote(s):Uruguay;2007to2029Source(s):IMFUruguay:Growthrateoftherealgrossdomesticproduct(GDP)from2019to2029(comparedtothepreviousyear)Grossdomesticproduct(GDP)growthrateinUruguay20298%5.56%6%4%4.71%3.7%2.9%2.6%2.4%2.3%2.2%2%0.93%0.37%0%-2%-4%-6%-8%-10%-7.38%202020192021202220232024*2025*2026*2027*2028*2029*6Description:Thegrowthoftherealgrossdomesticproduct(GDP)inUruguaywasforecasttocontinuouslydecreasebetween2024and2029byintotal1.5percentagepoints.Accordingtothisforecastin2029,thegrowthwillhavedecreasedforthefifthconsecutiveyearto2.2percent.ReadmoreNote(s):Uruguay;2019to2029;*Estimate.Valueshavebeenrounded.ReadmoreSource(s):IMFGrossdomesticproduct(GDP)percapita(inconstantprices)inUruguayfrom2007to2029(inthousandU.S.dollars)Grossdomesticproduct(GDP)percapita(inconstantprices)inUruguay2007-2029181615.4115.1214.8314.5214.213.8413.38

13.39141210813.2113.16

13.1312.9812.82

12.8212.8212.4612.1911.9611.611.0810.349.969.364202007

2008

2009

2010

2011

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2023*

2024*

2025*

2026*

2027*

2028*

2029*7Description:Thegrossdomesticproduct(GDP)percapita(inconstantprices)inUruguaywasforecasttocontinuouslyincreasebetween2024and2029byintotal1.6thousandU.S.dollars(+11.56percent).Aftertheninthconsecutiveincreasingyear,theGDPpercapitaisestimatedtoreach15.41thousandU.S.dollarsandthereforeanewpeakin2029.ReadmoreNote(s):Uruguay;2007to2029Source(s):IMFUruguay:Shareofeconomicsectorsingrossdomesticproduct(GDP)from2012to2022ShareofeconomicsectorsintheGDPinUruguay2012-2022Agriculture,forestry,andfishingIndustry(incl.construction)Services100%90%80%70%60%50%40%30%20%10%0%59.1%59.1%24.7%59.33%25.44%59.34%22.86%63.52%18.87%61.99%18.37%65.36%18.13%64.97%18.18%65.06%17.35%64.52%17.67%63.17%17.58%23.67%8.12%20127.62%20138.13%20217.27%20226.74%20146.13%20156.68%20165.72%20186.56%20196.49%20205.31%20178Description:Thisstatisticshowstheshareofeconomicsectorsingrossdomesticproduct(GDP)inUruguayfrom2012to2022.In2022,theshareofagricultureinUruguay'sgrossdomesticproductwas7.27percent,industrycontributedapproximately17.58percent,andtheservicessectorcontributedabout63.17percent.ReadmoreNote(s):UruguaySource(s):WorldBankUruguay:Nationaldebtinrelationtogrossdomesticproduct(GDP)from2019to2029NationaldebtofUruguayinrelationtogrossdomesticproduct(GDP)202980%68.08%70%60%50%40%30%20%10%0%64.06%62.31%62.25%62.27%62.28%61.89%62.2%60.31%60.33%59.63%20192020202120222023*2024*2025*2026*2027*2028*2029*9Description:Theratioofnationaldebttogrossdomesticproduct(GDP)inUruguaywasforecasttoincreasebetween2024and2029byintotal0.4percentagepoints.Thisoverallincreasedoesnothappencontinuously,notablynotin2027.Theratioisestimatedtoamountto62.28percentin2029.ReadmoreNote(s):Uruguay;2019to2029;*Estimate.Figureshavebeenrounded.ReadmoreSource(s):IMFCHAPTER

02LabormarketUruguay:Laborforceparticipationratefrom2012to2022LaborforceparticipationrateinUruguay202290%77.15%80%70%60%50%40%30%20%10%0%76.37%76.11%76.14%75.9%75.52%75.28%75.36%75.04%75.05%72.9%2012201320142015201620172018201920202021202211Description:Thelaborparticipationrateamongthetotalpopulationagedbetween15and64inUruguaysawnosignificantchangesin2022incomparisontothepreviousyear2021andremainedataround75.36percent.However,2022markedthesecondconsecutiveincreaseofthelaborparticipationrate.ReadmoreNote(s):Uruguay;2012to2022Source(s):WorldBankUruguay:Distributionofemploymentbyeconomicsectorfrom2011to2021EmploymentbyeconomicsectorinUruguay2021AgricultureIndustryServices100%90%80%70%69.43%20.78%70.26%21.13%69.85%21.01%69.13%21.58%70.71%71.72%71.52%72.44%19.2%72.59%18.87%73.53%18.16%72.63%18.95%60%50%40%30%20%10%0%20.46%19.73%20.05%9.79%20119.14%20148.82%20158.74%20178.61%20128.29%20138.22%20168.36%20188.54%20198.31%20208.42%202112Description:ThestatisticshowsthedistributionofemploymentinUruguaybyeconomicsectorfrom2011to2021.In2021,8.42percentoftheemployeesinUruguaywereactiveintheagriculturalsector,18.95percentinindustry,and72.63percentintheservicesector.ReadmoreNote(s):UruguaySource(s):WorldBankNumberofemployeesinUruguayfrom2012to2022,bygender(in1,000s)Uruguay:numberofworkers2012-2022,bygenderMaleFemale950917.83900.12900910.89907.73909.13905.11898.86898.35884.99855.73850852.29800753.982022742.52021740.372019735.952014737.442015737.422016738.532017736.872018750700650716.652013706.922012706.19202013Description:In2022,Uruguayhadover1.6millionpeopleinemploymentcondition.Ofthese,about754,000womenaged15yearsandolderwereemployedintheLatinAmericancountry,comparedtoabout909,000men.

ReadmoreNote(s):Uruguay;2012to2022;15yearsandolderSource(s):ILOInformalemploymentaspercentageoftotalemploymentinUruguayfrom2010to2022Uruguay:informalemploymentshare2010-202245%40.9%40%35%30%25%20%15%10%5%38.3%36.2%35.4%34%27.9%24.5%24.5%23.9%24.1%24%23.6%21.9%0%201020112012201320142015201620172018201920202021202214Description:ThepercentageofinformalemploymentinUruguaystoodat34percentofthetotalemployedpopulationin2022.Theshareofemploymentinformalityhasdecreased6.9percentagepointsincomparisonto2010,when40.9percentofworkerswereconsideredinformallyemployed.UruguayhasoneofthelowestlevelsofinformalemploymentinLatinAmerica.ReadmoreNote(s):Uruguay;2010to2022Source(s):ILOUruguay:Unemploymentratefrom2004to2023UnemploymentrateinUruguay202313.5%12.98%12.5%11.5%10.5%9.5%8.5%7.5%6.5%5.5%12.01%10.84%10.33%9.4%9.29%8.73%8.39%8.34%8.03%7.89%7.87%7.84%7.74%7.49%7.16%6.55%6.45%

6.44%6.31%2004

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202315Description:TheunemploymentrateinUruguayincreasedby0.5percentagepoints(+6.35percent)sincethepreviousyear.Intotal,theunemploymentrateamountedto8.39percentin2023.Thisincreasewasprecededbyadecliningunemploymentrate.

ReadmoreNote(s):2004to2023Source(s):WorldBankUnemploymentrateinUruguayfromDecember2023toFebruary2024,bydepartmentUnemploymentratebydepartmentinUruguay2024Unemploymentrate6%0%2%4%8%10%12%14%RioNegroSalto12.8%12.4%TreintayTresArtigas11.8%11.2%11.1%PaysandúTacuarembóRocha10.9%9.9%DuraznoLavallejaCanelonesSanJoséRivera9.7%9.7%9%9%8.8%Florida8.6%16Description:TheunemploymentrateinUruguaywashighestinthenorthernregionsasofthemovingquartercompriseofDecember2023to2024.Duringtheperiodunderconsideration,thedepartmentofRioNegroregisteredUruguay'shighestunemploymentrateat12.8percent.Opposingly,theeasterndepartmentofMaldonado,hadamuchlowerunemploymentrateof5.3percent.ReadmoreNote(s):Uruguay;Decembet2023toFebruary2024Source(s):INE(Uruguay)UnemploymentrateinUruguayasofNovember2023,byethnicityUnemploymentrateinUruguay2023,byethnicity14%12%10%8%11.5%8%5.8%6%4%2%0%Afro-Uruguayans/BlackWhiteOther17Description:AsofNovember2023,11.5percentoftheAfro-UruguayanorblackpopulationinUruguaywasunemployed,thehighestunemploymentrateofanyethnicgroup.Thewhitepopulationhadthesecondhighestunemploymentrateat8percent.

ReadmoreNote(s):Uruguay;November2023;15yearsandolderSource(s):INE(Uruguay)CHAPTER

03InflationandpricesUruguay:Inflationratefrom1989to2029(comparedtothepreviousyear)InflationrateinUruguay2029120%100%80%60%40%20%0%19/statistics/439876/inflation-rate-in-uruguayTheaverageinflationrateinUruguaywasforecasttocontinuouslydecreasebetween2024and2029byintotal1.2percentagepoints.Accordingtothisforecastin2029,theinflationwillhavedecreasedfortheseventhconsecutiveyearto4.57percent.ReadmoreNote(s):1989to2029;*Estimate.Figureshavebeenrounded.ReadmoreSource(s):IMFInflationrateinUruguayinOctober2023,bysector(CPIcomparedtosamemonthofthepreviousyear)AnnualinflationrateinUruguayOctober2023,bycategoryYear-on-yearinflationrate-4%

-2%

0%-6%2%4%6%8%10%12%EducationRestaurantsandhotels9.5%7.89%7.09%7.06%Alcoholicbeverages,tobaccoandnarcoticsHealthMiscellaneousgoodsandservicesHousing5.85%5.82%5.05%4.85%Foodandnon-alcoholicbeveragesInsuranceandfinancialservicesCommunications2.94%Recreationandculture1.61%1.45%FurnitureandhouseholdequipementandmaintenanceTransport-0.07%Clothingandfootwear-5.05%20Description:AsofOctober2023,theEducationsectorexperiencedthelargestincreaseinpricesbasedontheConsumerPriceIndex(CPI)inUruguay.Comparedtothesamemonthofthepreviousyear,theinflationrateofeducationreached9.5percentagepoints.TheannualinflationrateofrestaurantsandhotelsintheSouthAmericancountrywas7.89percent,rankingsecond.ReadmoreNote(s):Uruguay;October2023Source(s):INE(Uruguay)AnnualaverageconsumerpriceindexinUruguayfrom2007to2029AnnualaverageconsumerpriceindexinUruguay2007-2029160139.1414012010080133.07127.23121.31115.28109.26103.3197.5889.448375.6370.165.1561.3355.946051.4847.2843.5540.2837.2734.934032.6230.242002007

2008

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2023

2024*

2025*

2026*

2027*

2028*

2029*21Description:TheannualaverageconsumerpriceindexinUruguaywasforecasttocontinuouslyincreasebetween2024and2029byintotal29.9points(+27.37percent).Afterthetwentysecondconsecutiveincreasingyear,theindexisestimatedtoreach139.14pointsandthereforeanewpeakin2029.Notably,theannualaverageconsumerpriceindexwascontinuouslyincreasingoverthepastyears.ReadmoreNote(s):Uruguay;2007to2029Source(s):IMFProducerpriceindex(PPI)fordomesticproductsinUruguayfromApril2023toApril2024ProducerpriceindexfordomesticproductsinUruguay2023-2024290285280275270265260Apr2023

May2023

Jun2023Jul2023Aug2023

Sep2023

Oct2023

Nov2023

Dec2023

Jan2024

Feb2024

Mar2024

Apr202422Description:InApril2024,theproducerpriceindexfordomesticproductsinUruguaystoodat276.44indexpoints,comparedwith273.57inthepreviousmonth.ThisindicatesthatproducerpricesinUruguayhavedecreasedbyfourpercentwhencomparedwiththesamemonthofthepreviousyear.ReadmoreNote(s):Uruguay;April2023toApril2024;March2010=100Source(s):INE(Uruguay)PricesforaBigMacinUruguayfrom2010to2024(inU.S.dollars)Uruguay:BigMacindex2010-20247.57.06.56.07.046.855.455.425.55.04.54.03.53.02.54.914.94.884.784.84.634.634.354.313.743.3220102011*201220132014201520162017201820192020202120222023202423Description:Theso-calledBigMacindexisregardedasanindicatorforthepurchasingpowerofaneconomy.TheaveragepriceforaBigMacburgerinUruguaywasestimatedat7.04U.S.dollarsinJanuary2024.Incomparisontothevalueregisteredayearearlier,thisrepresentsaconsiderableincrease.InLatinAmerica,UruguayhadthehighestpriceforaBigMacin2024.BigMacIndexTheBicMacindexhasbeenpublishedannuallybyTheEconomistsince1986andisratedasasimplifiedindicator[...]

ReadmoreNote(s):CentralandSouthAmerica,Uruguay;2010to2024*;*AsofJanuaryofeachyear,exceptfrom2011(priceasofJuly).TheBigMacindexisawayofmeasuringPurchasingPowerParity(Source(s):IMF;McDonald's;TheEconomist;ThomsonReutersbetweendifferentcountries.Bydivertingthe[...]

ReadmoreCHAPTER

04InternationaltradeUruguay:Tradebalanceofgoodsfrom2012to2022(inbillionU.S.dollars)TradebalanceofgoodsofUruguay20220.0-0.5-0.57-0.57-0.7-0.78-1.0-1.5-2.0-2.5-3.0-3.5-1.09-1.4-1.8-1.79-2.352014-2.582013-2.9420122015201620172018201920202021202225Description:ThestatisticshowsUruguay'stradebalanceofgoodsfrom2012to2022.Tradebalanceisthevalueofexportedgoodsminusthevalueofimportedgoods.Apositivetradebalancesignifiesatradesurplus,whileanegativevaluesignifiesatradedeficit.In2022,Uruguay'stradedeficitamountedtoaround1.74billionU.S.dollars.ReadmoreNote(s):UruguaySource(s):WTOImportsofcapitalgoodsinUruguayfrom2000to2022(inmillionU.S.dollars)ImportsofcapitalgoodsinUruguay2000-20222,5002,0001,5002,302.72,261.682,130.52,048.21,807.711,765.961,751.181,770.041,587.211,542.031,471.51,453.491,403.531,339.511,212.751,000845.22638.37528.83354.14186.94506.45433.53217.1550002000

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202226Description:TheimportsofcapitalgoodsinUruguayincreasedby495millionU.S.dollars(+27.38percent)in2022.With2.3billionU.S.dollars,theimportstherebyreachedtheirhighestvalueintheobservedperiod.

ReadmoreNote(s):Uruguay;2000to2022Source(s):EconomicCommissionforLatinAmericaandtheCaribbeanImportsvalueofyerbamateinUruguayfrom2012to2023(inmillionU.S.dollars)Uruguay:yerbamateimportsvalue2012-2023101.6689.2685.474.471.5169.0169.1965.4265.0363.7360.5359.3720122013201420152016201720182019202020212022202327Description:In2023,thevalueofyerbamateimportsintoUruguayamountedto65.03millionU.S.dollars,avaluesimilartotheonereportedayearearlier.

ReadmoreNote(s):Uruguay;2012to2023Source(s):UNComtradeUruguay:Exportofgoodsfrom2012to2022(inbillionU.S.dollars)ExportofgoodsfromUruguay20221211.181089.549.079.138.717.897.697.687.57.046.8664202012201320142015201620172018201920202021202228Description:ThestatisticshowsthevalueofgoodsexportedfromUruguayfrom2012to2022.In2022,goodswithavalueofaround11.18billionU.S.dollarswereexportedfromUruguay.

ReadmoreNote(s):UruguaySource(s):WTOMainexportedproductsinUruguayin2023,byvalue(inmillionU.S.dollars)LeadingexportedgoodsfromUruguaybyvalue2023ValueofexportsinmillionU.S.dollars1,00005001,5002,0002,500Beef2,081Cellulose2,019DairyBeverageconcentratesRice81873961629Description:In2023,themainexportedproductfromUruguaywasbeef,whichaccountedforatotalexportvalueofovertwobillionU.S.dollars.Cellulosemadeupthesecondmostexportedproductcategory,withanexportvalueofaproximatellytwobilliondollars.Intermsofexportdestinations,ChinawasUruguay'smainexportpartner.ReadmoreNote(s):Uruguay;2023Source(s):UruguayXXIDistributionofUruguayansexportsin2023,bytradepartnerShareofmainexportpartnersofUruguay2023,bycountryShareoftotalexports0%5%10%15%20%25%ChinaBrazil22%19%EuropeanUnionUnitedStatesArgentina16%8%5%30Description:In2023,theEuropeanUnioncountriesimportedapproximately16percentoftheUruguayanexportvolume.Inthatyear,ChinawasthelargestexportpartneroftheLatinAmericanCountryaccountingfor22percentofallexports.

ReadmoreNote(s):Uruguay;2023Source(s):UruguayXXIImportsandexportsofUruguaywithChinafrom2015to2023(inmillionU.S.dollars)Uruguay:tradevaluewithChina2015-2023,byflowExportsImports3,0002,5002,0002,594.022,404.242,348.842,384.161,997.321,911.631,747.411,693.821,481.341,678.31,611.881,532.151,548.331,4991,440.481,390.41,5001,00050001,067.86891.3520152016201720182019202020212022202331Description:In2023,UruguayanexportstoChinaamountedtoabout1.55billionU.S.dollars,decreasingbyapproximately855millionU.S.dollarsfromthepreviousyear.Incontrast,Uruguay'simportsfromChinasawasignificantincreasefromabouttwobillionU.Sdollarsin2021,to2.38billiondollarsin2023.ReadmoreNote(s):2015to2023Source(s):UNComtradeCHAPTER

05GovernmentsfinancesNationaldebtofUruguayfrom2007to2029(inbillionU.S.dollars)NationaldebtofUruguay2007-2029908077.1571.8866.9570605040302010062.3357.6752.9847.1545.444.1840.0134.0930.2927.1225.4823.9119.3316.7414.7510.879.38

9.398.25

8.362007

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2029*33Description:ThenationaldebtinUruguaywasforecasttocontinuouslyincreasebetween2024and2029byintotal24.2billionU.S.dollars(+45.68percent).Afterthetwentysecondconsecutiveincreasingyear,thenationaldebtisestimatedtoreach77.15billionU.S.dollarsandthereforeanewpeakin2029.Notably,thenationaldebtwascontinuouslyincreasingoverthepastyears.ReadmoreNote(s):Uruguay;2007to2029Source(s):IMFExternaldebtaspercentageofgrossdomesticproductinUruguayfrom2000to2022Uruguay:foreigndebtasshareofGDP2000-202280%70%60%50%40%30%20%10%0%2000

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202234Description:In2022,thepublicdebtthatUruguay'scentralgovernmentowedtoforeigncreditorsequaled28.3percentofthecountry'sgrossdomesticproduct(GDP).ThevolumeofexternaldebtinrelationtoGDPincreasedmorethanthree-foldfrom2000to2003,reachingitspeakat68percentbeforesteadilydecreasinguntil2008.Eversince,theshareofexternaldebtinUruguayhasremainedbelow35percent,exceptfor2020.

ReadmoreNote(s):2000to2022;ForeigndebtheldbythecentralgovernmentSource(s):EconomicCommissionforLatinAmericaandtheCaribbeanGeneralgovernmentexpenditureofUruguayfrom2007to2029(inbillionU.S.dollars)GeneralgovernmentexpenditureofUruguay2007-2029403530252036.9534.4932.1529.9928.0326.1524.0422.7320.8219.2317.4215.8714.441513.4111.7411.019.661058.196.936.35.524.764.1802007

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2028*

2029*35Description:ThegeneralgovernmentexpenditureinUruguaywasforecasttocontinuouslyincreasebetween2024and2029byintotal10.8billionU.S.dollars(+41.3percent).Afterthetwentysecondconsecutiveincreasingyear,theexpenditureisestimatedtoreach36.95billionU.S.dollarsandthereforeanewpeakin2029.Notably,thegeneralgovernmentexpenditurewascontinuouslyincreasingoverthepastyears.ReadmoreNote(s):Uruguay;2007to2029Source(s):IMFUruguay:Ratioofgovernmentexpendituretogrossdomesticproduct(GDP)from2019to2029Ratioofgovernmentexpendituretogrossdomesticproduct(GDP)inUruguay202935%32.73%30.76%30.47%30.54%30.18%30.19%30.23%29.98%29.9%29.88%29.83%30%25%20%15%10%5%0%20192020202120222023*2024*2025*2026*2027*2028*2029*36Description:TheratioofgovernmentexpendituretoGDPinUruguaywasforecasttocontinuouslydecreasebetween2024and2029byintotal0.7percentagepoints.Afterthesixthconsecutivedecreasingyear,theratioisestimatedtoreach29.83percentandthereforeanewminimumin2029.ReadmoreNote(s):Uruguay;2019to2029;*Estimate.Valueshavebeenroundedtoprovideabetterunderstandingofthestatistic.ReadmoreSource(s):IMFHealthcareexpenditureasshareofgrossdomesticproduct(GDP)inUruguayfrom2010to2021HealthspendinginUruguayasshareofGDP2010-202110%9%9%9%9%9%9%9%8%8%8%8%8%8%8%7%6%5%4%3%2%1%0%20102011201220132014201520162017201820192020202137Description:In2021,Uruguay'shealthcareexpendituremadeupninepercentofitsgrossdomesticproduct(GDP),upfromeightpercentrecordedatthebeginningofthedecade.Withinthegiventimespan,thefigureremainedrelativelystable,rangingfromanequivalentofeighttoninepercentofthecountry'sGDP.Incomparison,thatyearCuba'shealthcarespendingwasequivalentto14percentofitsGDP,thehighestvaluereportedamongLatinAmericanandCaribbeancountries.

ReadmoreNote(s):Uruguay;2010to2021;currenthealthexpenditureasshareofGDPSource(s):WHOGovernmentexpenditureoneducationasashareofGDPofUruguayfrom1991to2020GovernmentexpenditureoneducationasashareofGDPofUruguay1991-20205.04.54.04.74.664.584.554.554.524.474.364.384.333.52.872.883.02.52.01.51.00.50.02.82.712.522.52.482.412.422.322.272.242.071991

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202038Description:ThegovernmentexpenditureoneducationasashareofGDPofUruguaydeclinedto4.55percentin2020.Thismeansadeclineof0.2percentagepointsincomparisontothepreviousyear.

ReadmoreNote(s):Uruguay;1991to2020Source(s):WorldBankGeneralgovernmentrevenueofUruguayfrom2007to2029(inbillionU.S.dollars)GeneralgovernmentrevenueofUruguay2007-20294035302520151034.4632.129.9227.825.7523.7821.6420.811916.4915.9314.8913.2212.1910.9710.029.087.556.856.215.244.524.15502007

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2023*

2024*

2025*

2026*

2027*

2028*

2029*39Description:ThegeneralgovernmentrevenueinUruguaywasforecasttocontinuouslyincreasebetween2024and2029byintotal10.7billionU.S.dollars(+45percent).Afterthetwentysecondconsecutiveincreasingyear,therevenueisestimatedtoreach34.46billionU.S.dollarsandthereforeanewpeakin2029.Notably,thegeneralgovernmentrevenuewascontinuouslyincreasingoverthepastyears.ReadmoreNote(s):Uruguay;2007to2029Source(s):IMFTaxrevenueasashareofGDPofUruguayfrom1998to2020TaxrevenueasashareofGDPofUruguay1998-20202521.82201510518.9918.89

19.119.0418.8218.7218.56

18.5118.5618.5518.4118.2918.2418.1517.85

17.917.2116.9815.7815.2815.3114.701998

1999

2000

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2019

202040/statistics/1390848/tax-revenue-as-a-share-of-gdp-uruguayThetaxrevenueasashareofGDPofUruguayincreasedby0.4percentagepointsin2020incomparisontothepreviousyear.Intotal,therevenueamountedto18.55percentin2020.Overtheobservedperiod,therevenuehasbeensubjecttofluctuation.ReadmoreNote(s):Uruguay;1998to2020Source(s):WorldBankCHAPTER

06ForeigndirectinvestmentNetforeigndirectinvestmentinUruguayfrom2000to2022(inmillionU.S.dollars)NetforeigndirectinvestmentinUruguay2000-20224,0003,0002,0003,175.473,045.142,247.272,510.92,348.782,240.232,116.61,512.31,494.61,492.831,016.451,390.821,240811.1774.71,0000401.5274.2

290.6314.7179.9-1,000-2,000-3,000-729.24-1,823.41-2,037.342000

2001

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2021

202242Description:ThenetforeigndirectinvestmentinUruguayincreasedby1.7billionU.S.dollars(+112.71percent)sincethepreviousyear.With3.2billionU.S.dollars,thedirectinvestmenttherebyreacheditshighestvalueintheobservedperiod.Nevertheless,thelasttwoyearsrecordedasignificantlowerdirectinvestmentthantheprecedingyears.ReadmoreNote(s):Uruguay;2000to2022Source(s):EconomicCommissionforLatinAmericaandtheCaribbeanForeigndirectinvestment(FDI)inUruguayfrom2012to2023,byinvestmenttype(inmillionsU.S.dollars)Uruguay:Foreigndirectinvestment(FDI)2012-2023,bytypeContributionsReinverstmentLoans4,0003,0002,0001,00003,3043,2617322,4761,2282,0691,5482,0051,7318091,5981,3909451,3031,1873271,1172691,009-610904429

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