The Gross Domestic Product (GDP) in Uruguay expanded 0.10 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Uruguay averaged 2.24 percent from 1998 until 2025, reaching an all time high of 11.80 percent in the second quarter of 2021 and a record low of -14.50 percent in the second quarter of 2020. source: Banco Central del Uruguay

GDP Annual Growth Rate in Uruguay is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay GDP Annual Growth Rate is projected to trend around 2.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-16 11:00 AM
GDP Growth Rate YoY
Q3 1.2% 2.2% 2.5%
2026-03-24 08:20 PM
GDP Growth Rate YoY
Q4 0.1% 1.2% 1.6%
2026-06-12 06:00 PM
GDP Growth Rate YoY
Q1 0.1% 1.9%


Related Last Previous Unit Reference
GDP Growth Rate YoY 0.10 1.20 percent Dec 2025
GDP Constant Prices 504026.90 468321.40 UYU Thousand Dec 2025
GDP from Agriculture 43835.00 24574.00 UYU Thousand Dec 2025
GDP from Construction 21760.00 19642.00 UYU Thousand Dec 2025
GDP from Manufacturing 54907.00 49846.00 UYU Thousand Dec 2025
GDP from Services 62609.00 58244.00 UYU Thousand Dec 2025
GDP from Transport 45229.00 45969.00 UYU Thousand Dec 2025
GDP from Utilities 13204.00 15391.00 UYU Thousand Dec 2025
Gross Fixed Capital Formation 86297.80 73527.90 UYU Thousand Dec 2025


Uruguay GDP Annual Growth Rate
The biggest sector of Uruguay´s economy is services. Financing, real estate, business, public and personal services, education and health; trade, repairs, restaurants and hotels and transport, communication and warehousing account for 55 percent of the GDP. Industry and mining create 26 percent of the wealth and construction and water, electricity and gas distribution 12 percent. Agriculture, hunting, forestry and fishing account for the remaining 7 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.10 1.20 11.80 -14.50 1998 - 2025 percent Quarterly
NSA, 2016=100

News Stream
Uruguay GDP Expands at Softer Pace in Third Quarter
Uruguay’s GDP expanded 1.2% year-on-year in Q3 2025, easing from a 2.2% growth in the previous quarter as activity softened across several key sectors. On the positive side, trade, accommodation, and food and beverage services rose 5.4%, while financial services grew 3.0%. Health, education, real estate activities, and other services also contributed, with a combined increase of 0.8%. In contrast, manufacturing contracted 2.1%, construction declined 3.1%, and agriculture, fishing, and mining edged down 0.2%, weighing on overall growth. Gross value added increased 0.8%, while net taxes on products rose a solid 4.3%.
2025-12-16
Uruguay GDP Growth Slows in Q2 2025
Uruguay’s GDP grew 2.1% year-on-year in Q2 2025, slowing from 3.6% in the previous quarter, reflecting softer activity across key sectors. Growth was supported by agriculture, fishing, and mining, which expanded 10.6% after 6.3% in Q1, and by manufacturing, up 7.6% though easing from 17.9%. Financial services also contributed positively, rising 4.8% after 5.1%. On the downside, utilities contracted 7.9% after a 3.5% drop, while construction slipped 0.2% following a 1.5% decline. Trade, lodging, and food services posted marginal growth of 0.3%, down from 2.5%, while transport and communications fell 0.3% after a 1% drop. Overall, gross value added rose 1.9% from 3.3% previously, and net taxes on products advanced 3.3%, maintaining the same pace as in Q1.
2025-09-15
Uruguay’s GDP Growth Slows to 3.4% in Q1
Uruguay’s GDP expanded by 3.4% in the March quarter of 2025, easing slightly from 3.5% growth in the previous quarter, after reaching its fastest pace since the June quarter of 2022. The slight slowdown was driven by softer export growth, which rose 4.2% compared to 4.4% in Q4. Meanwhile, imports accelerated to 5.6%, up from 3.8%, and government spending also picked up, growing 4.3% versus 3.3% in the prior quarter. Capital formation showed notable improvement, surging 11.9% after a 5.4% increase in Q4. However, household consumption growth slowed to 2.1% from 2.7%, signaling some weakness in domestic demand.
2025-06-13