Uruguay recorded a Current Account surplus of 0.50 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Uruguay averaged -1.69 percent from 1980 until 2017, reaching an all time high of 2.80 percent in 2002 and a record low of -6.34 percent in 1980.

Current Account to GDP in Uruguay is expected to be -0.40 percent by the end of this quarter, 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 -1.00 percent in 2020, according to our econometric models.

Uruguay Current Account to GDP
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Uruguay Trade Last Previous Highest Lowest Unit
Balance of Trade -159399.00 -66448.00 226092.00 -423671.00 USD Thousand [+]
Exports 667076.00 652414.00 1092791.00 0.00 USD Thousand [+]
Imports 826475.00 718862.00 1064782.00 119055.00 USD Thousand [+]
Current Account -210.00 313.00 313.00 -903.10 USD Million [+]
Current Account to GDP 0.50 -0.10 2.80 -6.34 percent [+]
External Debt 43191.00 41682.00 43489.20 7725.65 USD Million [+]
Capital Flows 858.60 -543.50 1918.50 -1647.10 USD Million [+]
Remittances 115.97 115.84 128.84 61.75 USD Million [+]
Tourism Revenues 1089044.35 509114.62 1092185.77 40721.01 USD Thousand [+]
Gold Reserves 0.10 0.10 56.73 0.10 Tonnes [+]
Terrorism Index 0.78 0.00 1.19 0.00 [+]
Tourist Arrivals 616211.00 1531746.00 1531746.00 233156.00 [+]
Foreign Direct Investment 62.30 31.90 752.60 -770.30 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Uruguay Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides the latest reported value for - Uruguay Current Account to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uruguay Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 -0.10 2.80 -6.34 1980 - 2017 percent Yearly




Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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