Uruguay recorded a Current Account deficit of 1 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Uruguay averaged -1.52 percent of GDP from 1980 until 2024, reaching an all time high of 2.80 percent of GDP in 2002 and a record low of -6.34 percent of GDP in 1980. source: Ministerio de Economía y Finanzas, Uruguay
Current Account to GDP in Uruguay is expected to reach -1.40 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Current Account to GDP is projected to trend around -1.50 percent of GDP in 2027 and -1.60 percent of GDP in 2028, according to our econometric models.