Uruguay Private Consumption: % of GDP

Key information about Uruguay Private Consumption: % of GDP

• Uruguay Private Consumption accounted for 62.6 % of its Nominal GDP in Dec 2023, compared with a ratio of 59.7 % in the previous year.
• Uruguay Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1988 to Dec 2023, with an average share of 69.4 %.
• The data reached an all-time high of 76.5 % in Dec 2000 and a record low of 57.9 % in Dec 2021.

CEIC calculates annual Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Central Bank of Uruguay provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, both based on SNA 2008. Private Consumption as % of Nominal GDP prior to 2016 is based on SNA 1993, and prior to 1997 is based on SNA 1968.


Related information about Uruguay Private Consumption: % of GDP

• In the latest reports, Uruguay GDP expanded 1.2 % YoY in Mar 2023.
• Its Nominal GDP reached 19.2 USD bn in Mar 2023.
• Uruguay GDP Per Capita reached 15,471.9 USD in Dec 2020.
• Its Gross Savings Rate was measured at 17.1 % in Dec 2016.

View Uruguay's Private Consumption: % of GDP from 1988 to 2023 in the chart:

What was Uruguay's Private Consumption: % of GDP in 2023?

Uruguay Private Consumption accounted for 62.6 % of its Nominal GDP in Dec 2023, compared with a ratio of 59.7 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
62.6 2023	59.7 2022	57.9 2021	76.5 2000	%	yearly	1988 - 2023

Private Consumption: % of GDP by Country Comparison

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