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UY

Uruguay

UY · URY · #89 · 14 cities

Nomad score 57/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$54,601
GDP (2031)
$121.2B
GDP growth (2031)
2.2% →
Inflation (2031)
4.5% →
Unemployment (2031)
8.0% →
Population (2031)
3.5M
Population growth (2031)
0.0% ↑
Gini index (2024)
40.0
Government debt (2031)
67.3% of GDP
Current account (2031)
-1.7% of GDP
FDI inflows (2025)
$1.1B
Life expectancy (2024)
78.3 yrs
Health spending (2023)
9.0% of GDP
Internet users (2024)
92.0%
Mobile subscriptions (2024)
145.5/100
Trade openness (2025)
49.7% of GDP
Exchange rate (2025)
41.19/USD
Foreign reserves (2025)
$19.0B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
67.3% of GDP
Current account (2031)
-1.7% of GDP
FDI inflows (2025)
$1.1B

Income inequality (Gini)

Gini index (2024)
0.40
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
3.23/1k
Tax revenue (2024)
17.9% of GDP
Services sector (2025)
65.2% of GDP

Financial access and costs

ATMs per 100k (2024)
306.5
Bank branches per 100k (2024)
8.6
ICT service exports (2025)
20.4%
Goods and services tax (2024)
10.6%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $121.2B $54,601 2.2% 4.5% 8.0% 3.5M - 67.3% -1.7% - - - - -
2030 * $115.3B $51,910 2.2% 4.5% 8.0% 3.5M - 67.6% -1.5% - - - - -
2029 * $109.6B $49,316 2.2% 4.5% 8.0% 3.5M - 68.0% -1.3% - - - - -
2028 * $104.9B $47,164 2.3% 4.5% 8.0% 3.5M - 68.2% -1.1% - - - - -
2027 * $100.9B $45,288 2.6% 4.5% 8.0% 3.5M - 67.7% -0.9% - - - - -
2026 * $96.1B $43,086 1.8% 4.0% 8.0% 3.5M - 66.8% -0.8% - - - - -
2025 $85.6B $38,315 1.8% 4.7% 7.5% 3.5M - 65.7% -0.5% $1.1B - - - 41.19
2024 $82.3B $36,597 3.3% 4.8% 8.2% 3.5M 40.0 67.6% -0.8% -$3.9B 78.3 - 92.0% 40.21
2023 $79.2B $34,546 0.8% 5.9% 8.3% 3.5M 40.9 63.0% -3.0% -$5.2B 78.1 9.0% 90.9% 38.82
2022 $71.2B $33,034 4.6% 9.1% 7.9% 3.5M 40.6 59.4% -3.5% $8.8B 76.5 8.9% 89.9% 41.17
2021 $60.7B $29,432 5.8% 7.7% 9.4% 3.5M 40.8 64.1% -2.4% $5.2B 75.4 8.9% 87.6% 43.55
2020 $53.6B $25,725 -7.4% 9.8% 10.4% 3.5M 40.2 68.2% -0.6% $973.4M 78.4 9.1% 85.5% 42.01
2019 $62.2B $25,783 0.9% 7.9% 8.9% 3.5M 39.7 59.6% 1.3% $1.5B 77.5 9.2% 83.4% 35.26
2018 $65.4B $24,386 0.2% 7.6% 8.4% 3.5M 39.7 57.9% -0.5% $1.7B 77.5 8.9% 80.7% 30.73
2017 $65.1B $23,607 1.7% 6.2% 7.9% 3.5M 39.5 55.8% 0.0% $2.7B 77.6 8.7% 70.3% 28.68
2016 $57.6B $22,841 1.7% 9.6% 7.9% 3.5M 39.7 56.4% 0.8% -$515.7M 77.4 8.6% 66.4% 30.16
2015 $58.2B $22,169 0.4% 8.7% 7.5% 3.5M 40.1 57.8% -0.3% $2.7B 77.3 8.3% 64.6% 27.33
2014 $62.5B $21,868 3.2% 8.9% 6.6% 3.5M 40.1 51.1% -2.9% $4.1B 77.2 8.0% 61.5% 23.25
2013 $62.9B $20,661 4.6% 8.6% 6.5% 3.4M 40.5 50.0% -3.2% $986.9M 77.0 8.1% 57.7% 20.48
2012 $55.9B $19,495 3.5% 8.1% 6.3% 3.4M 39.9 49.8% -3.6% $6.4B 76.7 8.0% 54.5% 20.31
2011 $52.4B $19,135 5.2% 8.1% 6.3% 3.4M 42.2 41.3% -2.6% $2.7B 76.6 7.9% 51.4% 19.31
2010 $44.0B $17,873 7.8% 6.7% 7.0% 3.4M 44.5 40.9% -1.7% $2.2B 76.7 7.9% 46.4% 20.06
2009 $34.6B $16,422 4.2% 7.1% 7.8% 3.4M 45.5 46.2% -1.2% $1.6B 76.7 7.9% 41.8% 22.57
2008 $33.2B $15,694 7.2% 7.9% 7.9% 3.4M 45.1 46.2% -5.6% $2.1B 76.3 8.1% 39.3% 20.95
2007 $25.6B $14,397 6.5% 8.1% 9.4% 3.4M 46.4 52.8% -0.9% $1.4B 76.2 7.5% 34.0% 23.47
2006 $21.4B $13,179 4.1% 6.4% 10.8% 3.4M 45.9 61.1% -2.0% $1.5B 75.9 7.7% 29.4% 24.07
2005 $19.0B $12,296 7.5% 4.7% 12.1% 3.4M 44.7 66.2% 0.2% $826.6M 75.8 7.7% 20.1% 24.48
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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