Uruguay recorded a Government Debt to GDP of 70.30 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Uruguay averaged 61.19 percent of GDP from 2000 until 2024, reaching an all time high of 96.10 percent of GDP in 2003 and a record low of 30.60 percent of GDP in 2000. source: Ministerio de Economía y Finanzas, Uruguay

Government Debt to GDP in Uruguay is expected to reach 65.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Government Debt to GDP is projected to trend around 65.00 percent of GDP in 2026 and 66.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 61.00 Feb 2026
Fiscal Expenditure 91002.02 88135.66 UYU Million Nov 2025
Government Budget -3.20 -3.20 percent of GDP Dec 2024
Government Budget Value 221.48 -10835.02 UYU Million Nov 2025
Government Debt to GDP 70.30 69.20 percent of GDP Dec 2024
Government Revenues 56741.26 57547.66 UYU Million Nov 2025
Government Spending 80340.00 81451.00 UYU Thousand Sep 2025
Holidays
Military Expenditure 1736.80 1511.40 USD Million Dec 2024


Uruguay Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
70.30 69.20 96.10 30.60 2000 - 2024 percent of GDP Yearly