Government Budget in Uruguay decreased to -5.10 percent of GDP in 2020 from -2.80 percent of GDP in 2019. source: Ministerio de Economía y Finanzas, Uruguay

Government Budget in Uruguay averaged -2.07 percent of GDP from 2000 until 2020, reaching an all time high of -0.40 percent of GDP in 2010 and a record low of -5.10 percent of GDP in 2020. This page provides the latest reported value for - Uruguay Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uruguay Government Budget - values, historical data and charts - was last updated on September of 2021.

Government Budget in Uruguay is expected to reach -4.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Government Budget is projected to trend around -3.50 percent of GDP in 2022, according to our econometric models.

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Uruguay Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-5.10 -2.80 -0.40 -5.10 2000 - 2020 percent of GDP Yearly

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.00 60.50 96.10 30.60 percent of GDP [+]
Government Budget -5.10 -2.80 -0.40 -5.10 percent of GDP [+]
Government Budget Value -10577.66 -25290.73 29318.59 -34770.83 UYU Million [+]
Government Spending 74635.52 70690.51 18154731.70 62922.83 UYU Thousand [+]
Government Revenues 38435.71 37451.78 50454.99 3376.46 UYU Million [+]
Fiscal Expenditure 65052.95 75399.36 90234.12 5518.89 UYU Million [+]
Credit Rating 55.00 [+]
Military Expenditure 1260.00 1155.00 1760.00 500.00 USD Million [+]

Uruguay Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.