Uruguay recorded a government budget deficit of 14387.92 UYU Million in May of 2020.

Government Budget Value in Uruguay averaged -1787.09 UYU Million from 1999 until 2020, reaching an all time high of 15556.94 UYU Million in March of 2020 and a record low of -34770.92 UYU Million in February of 2020. This page provides - Uruguay Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Government Budget Value - values, historical data and charts - was last updated on August of 2020. source: Ministerio De Economua y Finanzas, Uruguay

Government Budget Value in Uruguay is expected to be -17077.28 UYU Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Uruguay to stand at -16860.19 in 12 months time. In the long-term, the Uruguay Government Budget Value is projected to trend around -16734.64 UYU Million in 2021, according to our econometric models.

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Uruguay Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-14387.92 1050.83 15556.94 -34770.92 1999 - 2020 UYU Million Monthly
Current Prices, NSA

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 61.30 60.20 96.10 30.60 percent [+]
Government Budget -2.90 -2.00 -0.40 -3.40 percent of GDP [+]
Government Budget Value -14387.92 1050.83 15556.94 -34770.92 UYU Million [+]
Government Spending 18631117.95 18638573.11 18638573.11 11533511.60 UYU Thousand [+]
Government Revenues 30682.07 39857.50 41895.96 3376.46 UYU Million [+]
Fiscal Expenditure 56903.33 52332.19 79672.03 5518.89 UYU Million [+]
Credit Rating 55.00 [+]
Military Expenditure 1164.00 1166.00 1865.00 530.00 USD Million [+]


Uruguay Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.