The Gross Domestic Product (GDP) in Uruguay expanded 0.60 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Uruguay averaged 0.68 percent from 1997 until 2019, reaching an all time high of 8.80 percent in the second quarter of 1997 and a record low of -5.60 percent in the third quarter of 2002.
GDP Growth Rate in Uruguay is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Uruguay to stand at 0.70 in 12 months time. In the long-term, the Uruguay GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.