Economic Trivia

Uruguay was the only country in the Americas that managed to avoid a recession during the global financial crisis of 2008-2009.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): China, Brazil, and Argentina
Top 3 Exported Goods (2021): Meat, Wood, and Oil Seeds

Top Industries Source: CIA World Factbook

Food Processing; Electrical Machinery; Transportation Equipment; Petroleum Products

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $85,823,441,003 (2021)
GDP Growth Rate (annual %) 4.367% (2021)
GDP Per Capita, PPP (current international) $25,049 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 98/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 7.748% (2021)
External debt stocks, total (DOD, current US$) $14,349,584,000 (2011)
Total tax rate (% of commercial profits) 41.8% (2019)
Real Interest Rate (5 year average %) -2.324% (2021)
Manufacturing, value added (% of GDP) 10.651% (2021)
Current Account Balance (BoP, current US$) ($1,072,863,116) (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 1,702,310 (2021)
Employment in Agriculture (% of total employment) 7.922% (2020)
Employment in Industry (% of total employment) 18.728% (2020)
Employment in Services (% of total employment) 73.351% (2020)
Unemployment Rate 10.447% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $15,021,961,840 (2021)
Exports of goods and services (current US$) $18,675,019,829 (2021)
Total Merchandise Trade (% of GDP) 33.478% (2021)
FDI, net inflows (BoP, current US$) $2,586,530,313 (2021)
Commercial Service Exports (current US$) $3,694,752,787 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Uruguay’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank