Uruguay Current Account Balance: % of GDP
Key information about Uruguay Current Account Balance: % of GDP
- Uruguay Current Account surplus accounted for 0.2 % of the country's Nominal GDP in Jun 2024, compared with a 1.2 % deficit in the previous quarter.
- Uruguay Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2005 to Jun 2024, with an average value of -1.8 %.
- The data reached an all-time high of 3.0 % in Mar 2019 and a record low of -9.7 % in Jun 2008.
CEIC calculates quarterly Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Uruguay provides Current Account Balance in USD based on BPM6 and Nominal GDP in local currency based on SNA 2008. The Central Bank of Uruguay average market exchange rate is used for currency conversions. Current Account Balance as % of Nominal GDP prior to Q1 2016 is calculated from Current Account Balance based on BPM5 and Nominal GDP based on SNA 1993.
Key information about Uruguay Current Account Balance: % of GDP
- In the latest reports of Uruguay, Current Account recorded a surplus of 51.3 USD mn in Jun 2024.
- Foreign Direct Investment (FDI) fell by 843.3 USD mn in Jun 2024.
- Uruguay Direct Investment Abroad fell by 774.2 USD mn in Jun 2024.
- Its Foreign Portfolio Investment increased by 18.4 USD mn in Mar 2024.
- The country's Nominal GDP was reported at 19.2 USD bn in Mar 2023.
View Uruguay's Current Account Balance: % of GDP from Mar 2005 to Jun 2024 in the chart:
What was Uruguay's Current Account Balance: % of GDP in Jun 2024?
Uruguay Current Account surplus accounted for 0.2 % of the country's Nominal GDP in Jun 2024, compared with a 1.2 % deficit in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
0.2 Jun 2024 | -1.2 Mar 2024 | -9.7 Jun 2008 | 3.0 Mar 2019 | % | quarterly | Mar 2005 - Jun 2024 |
Current Account Balance: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | -3.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Algeria (%) | 0.3 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Argentina (%) | 2.3 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Armenia (%) | -2.9 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Australia (%) | -1.6 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
Austria (%) | 0.6 Jun 2024 | quarterly | Mar 1970 - Jun 2024 |
Azerbaijan (%) | 4.9 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
Bangladesh (%) | 0.9 2024 | yearly | 1998 - 2024 |
Belarus (%) | 2.5 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Belgium (%) | -1.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Bolivia (%) | 0.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | -3.9 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Botswana (%) | -5.0 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Brazil (%) | -3.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
Bulgaria (%) | 4.7 Sep 2024 | quarterly | Sep 1999 - Sep 2024 |
Cambodia (%) | -5.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Canada (%) | -1.1 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
Chile (%) | -3.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
China (%) | 3.2 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Colombia (%) | -1.6 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Croatia (%) | -5.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Cyprus (%) | -0.6 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Czech Republic (%) | -0.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Denmark (%) | 15.6 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Ecuador (%) | 7.9 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
European Union (%) | 2.8 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Finland (%) | -2.9 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
France (%) | -0.7 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Georgia (%) | -7.3 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Germany (%) | 5.3 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Ghana (%) | 5.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Greece (%) | -7.9 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Hong Kong SAR, China (%) | 13.2 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Hungary (%) | 3.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Iceland (%) | -2.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
India (%) | -1.1 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
Ireland (%) | 28.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Israel (%) | 3.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Italy (%) | 1.6 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
Jordan (%) | -7.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Kazakhstan (%) | -2.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
Kenya (%) | -2.5 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
South Korea (USD mn) | 8,186.7 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
Kosovo (%) | -15.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Kuwait (%) | 27.9 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (%) | 2.7 2023 | yearly | 1984 - 2023 |
Latvia (%) | -1.7 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
Lebanon (%) | -2.8 2021 | yearly | 2002 - 2021 |
Lithuania (%) | 3.2 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Luxembourg (%) | 12.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Macau SAR, China (%) | 37.0 2023 | yearly | 2002 - 2023 |
North Macedonia (%) | -3.2 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Malawi (%) | -14.2 2021 | yearly | 1977 - 2021 |
Malaysia (%) | 0.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Malta (%) | 7.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Mauritius (%) | -6.3 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mexico (%) | 0.7 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Moldova (%) | -16.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Mongolia (%) | -14.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Montenegro (%) | -23.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Morocco (%) | -3.6 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Mozambique (%) | -11.6 2023 | yearly | 1980 - 2023 |
Nepal (%) | 3.9 2024 | yearly | 2001 - 2024 |
Netherlands (%) | 8.4 Jun 2024 | quarterly | Mar 1987 - Jun 2024 |
New Zealand (%) | -6.9 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
Nigeria (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Norway (%) | 17.9 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
Pakistan (%) | -0.5 2024 | yearly | 1977 - 2024 |
Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Panama (%) | 2.2 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Paraguay (%) | 0.3 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Peru (%) | 2.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Poland (%) | 0.3 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Portugal (%) | 1.5 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Qatar (%) | 13.1 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Romania (%) | -8.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Russia (%) | 3.4 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Saudi Arabia (%) | 1.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Serbia (%) | -4.2 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Singapore (%) | 19.2 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
Slovakia (%) | -1.3 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
Slovenia (%) | 7.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
South Africa (%) | -0.9 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Spain (%) | 3.3 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Sri Lanka (%) | 1.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
Sweden (%) | 9.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Switzerland (%) | 9.6 Jun 2024 | quarterly | Mar 1983 - Jun 2024 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -104.304 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Tax Revenue (USD mn) | 1,184.006 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
Tax Revenue: % of GDP (%) | 16.9 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
National Government Debt (USD mn) | 44,080.0 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Government Debt: % of GDP (%) | 55.6 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Forecast: Government Expenditure (UYU bn) | 1,426.196 2029 | yearly | 1999 - 2029 |
Forecast: Government Net Debt (UYU bn) | 3,060.738 2029 | yearly | 1999 - 2029 |
Forecast: Government Revenue (UYU bn) | 1,327.485 2029 | yearly | 1999 - 2029 |
Gross Debt: Public Sector (USD mn) | 56,073.511 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Gross Debt: Public Sector: Non Residents (USD mn) | 24,793.539 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Gross Debt: Public Sector: Residents (USD mn) | 31,279.973 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.066 2028 | yearly | 2013 - 2028 |
Trade Balance (USD mn) | -138.2 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Total Exports (USD mn) | 916.9 Sep 2024 | monthly | Jul 1998 - Sep 2024 |
Total Exports Growth (%) | 7.3 Sep 2024 | monthly | Jul 1999 - Sep 2024 |
Aluminum: Exports (USD th) | 4,359.650 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 108,013.127 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 76,868.511 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 1,055.1 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Total Imports Growth (%) | -2.5 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Imports: Medicament (USD th) | 214,010.955 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 168,156.110 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 90.600 Sep 2024 | monthly | Apr 1971 - Sep 2024 |
Total Imports from USA (USD mn) | 79.102 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
Total Exports to China (USD mn) | 78.800 Sep 2024 | monthly | Nov 1984 - Sep 2024 |
Total Imports from China (USD mn) | 230.200 Sep 2024 | monthly | Jan 1985 - Sep 2024 |
Exports: FOB (USD th) | 1,107,952.000 Oct 2024 | monthly | Jul 1998 - Oct 2024 |
Imports: CIF (USD th) | 1,221,129.000 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
Exports: FOB: CIIU 3: General Crops; Horticulture, Agricultural Services Applied... (USD th) | 122,606.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Exports: FOB: CIIU 3: Tanning & Dressing of Leather, Manufacture of Luggage, Han... (USD th) | 16,820.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Exports: FOB: CIIU 3: Dairy Products Manufacturing (USD th) | 82,844.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Exports: FOB: CIIU 3: Rice & Rice Products Manufacturing (USD th) | 70,011.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Exports: FOB: CIIU 3: Production, Processing & Preserving of Meat & Meat Product... (USD th) | 211,996.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Exports: FOB: ytd: Europe: EU15: Germany (USD mn) | 60.200 Sep 2024 | monthly | Jul 1998 - Sep 2024 |
Exports: FOB: ytd: America: LAIA: Brazil (USD mn) | 1,524.600 Sep 2024 | monthly | Jul 1998 - Sep 2024 |
Exports: FOB: ytd: America: USA (USD mn) | 680.600 Sep 2024 | monthly | Jul 1998 - Sep 2024 |
Exports: FOB: ytd: America: LAIA: Argentine (USD mn) | 391.500 Sep 2024 | monthly | Jul 1998 - Sep 2024 |
Exports: FOB: ytd: Rest of the World: Asia: Mainland China (USD mn) | 1,049.500 Sep 2024 | monthly | Jul 1998 - Sep 2024 |
Imports: CIF: BEC: Consumer Gds: Food & Beverages (USD th) | 97,537.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Imports: CIF: BEC: Capital Gds: Transport Equipment (TE) (USD th) | 44,621.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Imports: CIF: BEC: Capital Gds: Machinery & Equipment (ME) (USD th) | 127,877.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Imports: CIF: BEC: Intermediate Gds: Petroleum & Refined Petroleum Products (USD th) | 98,601.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Imports: CIF: BEC: Consumer Gds: Automobiles & Other Transport (USD th) | 54,096.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Imports: CIF: America: LAIA: Mexico (USD th) | 19,659.900 Feb 2019 | monthly | Jan 2000 - Feb 2019 |
Imports: CIF: America: LAIA: Brazil (USD th) | 116,666.100 Feb 2019 | monthly | Jan 2000 - Feb 2019 |
Fuel Oil Price: Heavy (UYU/l) | 21.45 Jul 2018 | monthly | Jul 1999 - Jul 2018 |
Import Value Index (2015=100) | 108.757 2021 | yearly | 1980 - 2021 |
Export Value Index (2015=100) | 124.087 2021 | yearly | 1980 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | -774.2 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Current Account Balance (USD mn) | 51.3 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Current Account Balance: % of GDP (%) | 0.2 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Foreign Direct Investment (USD mn) | -843.3 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Foreign Direct Investment: % of GDP (%) | -4.1 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Foreign Portfolio Investment (USD mn) | 18.418 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Foreign Portfolio Investment: % of GDP (%) | 1.4 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 0.6 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 280.738 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
External Debt (USD mn) | 47,395.1 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
External Debt: % of GDP (%) | 65.0 2023 | yearly | 1999 - 2023 |
External Debt: Short Term (USD mn) | 8,762.8 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
External Debt: Short Term: % of GDP (%) | 10.5 2023 | yearly | 1999 - 2023 |
Forecast: Current Account Balance (USD bn) | -2.110 2029 | yearly | 2012 - 2029 |
Net International Investment Position (USD mn) | -13,557.419 Jun 2024 | quarterly | Dec 2011 - Jun 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.6 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Household Debt: % of GDP (%) | 11.0 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Non-Performing Loans (USD mn) | 403.130 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Money Supply M1 (USD mn) | 5,971.540 Sep 2024 | monthly | Dec 1972 - Sep 2024 |
Money Supply M2 (USD mn) | 13,964.179 Sep 2024 | monthly | Dec 1972 - Sep 2024 |
M2 Growth (%) | 15.1 Sep 2024 | monthly | Dec 1973 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 17,839.4 Sep 2024 | monthly | Aug 2003 - Sep 2024 |
Foreign Exchange Reserves: % of GDP (%) | 21.639 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 16.9 Sep 2024 | monthly | Aug 2003 - Sep 2024 |
Gold Reserves (USD mn) | 8.509 Sep 2024 | monthly | Dec 1975 - Sep 2024 |
Total Deposits (USD mn) | 43,689.744 Sep 2024 | monthly | Dec 1998 - Sep 2024 |
Total Deposits Growth (%) | 11.7 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
Domestic Credit (USD mn) | 29,337.4 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
Domestic Credit Growth (%) | 19.7 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Household Debt (USD mn) | 6,856.5 May 2022 | monthly | Jun 2005 - May 2022 |
Total Loans (USD mn) | 25,269.995 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Total Loans Growth (%) | 10.38 Oct 2024 | monthly | Dec 2003 - Oct 2024 |
Private Debt: % of Nominal GDP (%) | 27.94 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Money Supply: M3 (UYU mn) | 924,947.355 Dec 2018 | monthly | Dec 1998 - Dec 2018 |
International Reserve: Official Reserve Assets (USD mn) | 18,839.988 Sep 2024 | monthly | Aug 2003 - Sep 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -2.9 Jul 2024 | monthly | Oct 1999 - Jul 2024 |
BCU Forecast: Consumer Price Index: Average: Next 24 Months (%) | 7.306 Apr 2019 | monthly | Jul 2013 - Apr 2019 |
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