Markets Actual Q3 Q4 Q1 Q2 2020
Currency 36.31 34.39 34.59 34.8 35.01 35.43
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.00 0.9 1 1 0.9 1.2
GDP Annual Growth Rate (%) -0.20 1 1.4 1.8 2 2.5
Unemployment Rate (%) 9.80 8.2 8.3 8.3 8.5 8
Inflation Rate (%) 7.54 7.5 7.6 7 6.5 7
Balance of Trade (USD Thousand) 77238.00 -112937 -114077 -114077 -114077 -114806
Current Account (USD Million) 281.00 190 250 250 200 140
Current Account to GDP (%) -0.60 0.1 0.1 -0.5 -0.5 -0.5
Government Debt to GDP (%) 51.70 53 53 57 57 57
Government Budget (% of GDP) -2.00 -2.9 -2.9 -3.1 -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 Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.00 0.9 1 1 0.9 1.2
GDP Annual Growth Rate (%) -0.20 1 1.4 1.8 2 2.5
GDP (USD Billion) 59.60 65 65 69 69 69
GDP Constant Prices (UYU Thousand) 176337308.00 181708596 190070295 189701941 179511380 196342614
Gross Fixed Capital Formation (UYU Thousand) 25818644.92 28505366 30654647 30595239 26283381 31666251
GDP per capita (USD) 14617.50 15000 15000 15400 15400 15400
GDP per capita PPP (USD) 20916.20 21400 21400 21900 21900 21900
GDP From Agriculture (UYU Thousand) 10292111.28 10536109 10597724 10577185 10477369 10947448
GDP From Construction (UYU Thousand) 7159710.00 7997371 8749457 8732501 7288585 9038189
GDP From Manufacturing (UYU Thousand) 21292122.00 23160472 23749161 23703136 21675380 24532883
GDP From Services (UYU Thousand) 21872089.00 24037757 24360101 24312891 22265787 25163984
GDP From Transport (UYU Thousand) 37590171.00 36906531 38800330 38725136 38266794 40080741
GDP From Utilities (UYU Thousand) 5200343.00 4518318 4357694 4349249 5293949 4501498
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 9.80 8.2 8.3 8.3 8.5 8
Wages (UYU/Month) 32092.00 32000 32000 33000 33000 33000
Wages in Manufacturing (Index Points) 317.31 314 284 284 284 289
Population (million) 3.51 3.52 3.52 3.53 3.53 3.53
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 7.54 7.5 7.6 7 6.5 7
Consumer Price Index CPI (Index Points) 197.94 200 201 207 209 215
Producer Prices Change (%) 9.67 8.5 8 8 8 11
Food Inflation (%) 7.20 6 5.8 5.5 4.5 4.6
CPI Housing Utilities (Index Points) 204.94 208 204 217 218 218
CPI Transportation (Index Points) 188.74 193 194 198 201 208
Money Actual Q3 Q4 Q1 Q2 2020
Interbank Rate (%) 2.21 2.74 2.74 2.74 2.57 2.74
Deposit Interest Rate (%) 5.12 5.1 5.1 5.1 5.1 5.1
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Thousand) 77238.00 -112937 -114077 -114077 -114077 -114806
Current Account (USD Million) 281.00 190 250 250 200 140
Current Account to GDP (%) -0.60 0.1 0.1 -0.5 -0.5 -0.5
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 51.70 53 53 57 57 57
Government Budget (% of GDP) -2.00 -2.9 -2.9 -3.1 -3.1 -3.1
Government Spending (UYU Thousand) 18563256.25 18382209 19111740 19074702 18897395 19742428
Taxes Actual Q3 Q4 Q1 Q2 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 35.76 35.76 35.76 35.73 35.76
Social Security Rate For Companies (%) 12.63 12.63 12.63 12.63 12.63 12.63
Social Security Rate For Employees (%) 23.10 23.13 23.13 23.13 23.1 23.13
Business Actual Q3 Q4 Q1 Q2 2020
Industrial Production (%) -9.90 23 20 20 20 23
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (UYU Thousand) 126540402.70 140825918 140328653 140056698 128818130 144959498
Gasoline Prices (USD/Liter) 1.61 1.57 1.53 1.49 1.45 1.45


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.