Markets Actual Q2 Q3 Q4 Q1 2020
Currency 35.18 35.38 35.59 35.8 36 36.42
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.00 0.3 0.9 1 1.2 1.2
GDP Annual Growth Rate (%) -0.20 0.5 1 1.4 1.8 2.5
Unemployment Rate (%) 8.00 8.2 8.3 8.3 8.3 8
Inflation Rate (%) 7.73 7.5 7.8 7.6 7 7
Balance of Trade (USD Thousand) 9926.00 -118555 -112937 -114077 -114077 -114806
Current Account (USD Million) -374.00 300 190 250 250 140
Current Account to GDP (%) 0.50 0.1 0.1 0.1 -0.5 -0.5
Government Debt to GDP (%) 50.60 60 60 60 57 57
Government Budget (% of GDP) -3.00 -2.9 -2.9 -2.9 -3.1 -3.1
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 36.00 36 36 36 36 36
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.00 0.3 0.9 1 1.2 1.2
GDP Annual Growth Rate (%) -0.20 0.5 1 1.4 1.8 2.5
GDP (USD Billion) 56.16 65 65 65 69 69
GDP Constant Prices (UYU Thousand) 176337308.00 174124960 178688471 186755115 179511380 191423993
Gross Fixed Capital Formation (UYU Thousand) 25818644.92 28643719 28110263 29748584 26283381 30492298
GDP per capita (USD) 14362.60 15000 15000 15000 15400 15400
GDP per capita PPP (USD) 20551.40 21400 21400 21400 21900 21900
GDP From Agriculture (UYU Thousand) 10292111.28 9314313 10556468 12476473 10477369 12788385
GDP From Construction (UYU Thousand) 7159710.00 7567012 8053573 8596850 7288585 8811771
GDP From Manufacturing (UYU Thousand) 21292122.00 22610893 22648184 23334932 21675380 23918305
GDP From Services (UYU Thousand) 21872089.00 22265201 23047420 23935215 22265787 24533596
GDP From Transport (UYU Thousand) 37590171.00 35821084 36692607 38123580 38266794 39076670
GDP From Utilities (UYU Thousand) 5200343.00 4188759 4567334 4281688 5293949 4388730
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 8.00 8.2 8.3 8.3 8.3 8
Wages (UYU/Month) 30255.00 32000 32000 32000 33000 33000
Wages in Manufacturing (Index Points) 317.09 314 319 284 284 289
Population (million) 3.49 3.52 3.52 3.5 3.51 3.51
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 7.73 7.5 7.8 7.6 7 7
Consumer Price Index CPI (Index Points) 195.19 197 201 201 207 215
Producer Prices Change (%) 10.09 9.5 8.5 8 8 11
Food Inflation (%) 7.08 9 8.5 9 9 5.4
CPI Housing Utilities (Index Points) 203.97 206 209 204 217 218
CPI Transportation (Index Points) 188.61 188 194 194 198 208
Money Actual Q2 Q3 Q4 Q1 2020
Interbank Rate (%) 2.57 2.74 2.74 2.74 2.74 2.74
Deposit Interest Rate (%) 5.10 5.1 5.1 5.1 5.1 5.1
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Thousand) 9926.00 -118555 -112937 -114077 -114077 -114806
Current Account (USD Million) -374.00 300 190 250 250 140
Current Account to GDP (%) 0.50 0.1 0.1 0.1 -0.5 -0.5
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 50.60 60 60 60 57 57
Government Budget (% of GDP) -3.00 -2.9 -2.9 -2.9 -3.1 -3.1
Government Spending (UYU Thousand) 18563256.25 18144394 18257927 18778396 18897395 19247856
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 36.00 36 36 36 36 36
Sales Tax Rate (%) 22.00 22 22 22 22 22
Social Security Rate (%) 35.73 35.73 35.73 35.73 35.73 35.73
Social Security Rate For Companies (%) 12.63 12.63 12.63 12.63 12.63 12.63
Social Security Rate For Employees (%) 23.10 23.1 23.1 23.1 23.1 23.1
Business Actual Q2 Q3 Q4 Q1 2020
Industrial Production (%) 0.40 24 23 20 20 23
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (UYU Thousand) 126540402.70 131444125 138794233 137828486 128818130 141274198
Gasoline Prices (USD/Liter) 1.56 1.59 1.55 1.51 1.47 1.47


This page has economic forecasts for Uruguay including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Uruguay economy.