Current account balance — all countries

Current account balance — Uruguay

Current account balance in Uruguay in 2031 — -1.7%. Ranked 89 in the world out of 188. Since 2012, the indicator has risen by 1.9 pp.

2031 -1.7% −0.2 pp vs 2030
World rank 89of 188
Period maximum 1.3%2019
Period minimum -3.6%2012

Trend over time

2012–2031 · % of GDP

Current account balance — Uruguay, 2012–2031-4-202201220142016201820202022202420262028203020312012: -3.6%2013: -3.2%2014: -2.9%2015: -0.3%2016: 0.8%2017: 0%2018: -0.5%2019: 1.3%2020: -0.6%2021: -2.4%2022: -3.5%2023: -3%2024: -0.8%2025: -0.5%2026: -0.8%2027: -0.9%2028: -1.1%2029: -1.3%2030: -1.5%2031: -1.7%
Change over the period: +1.9 pp Annual average: 0.1 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Uruguay

Uruguay -1.7%
World computed 0.28%
Latin America & Caribbean computed -1.17%
South America computed -1.32%
High-income countries computed 0.13%
Current account balance — Uruguay, by year Uruguay All countries CSV XLSX
Year % Change, pp
2031 -1.7 −0.2 pp
2030 -1.5 −0.2 pp
2029 -1.3 −0.2 pp
2028 -1.1 −0.2 pp
2027 -0.9 −0.1 pp
2026 -0.8 −0.3 pp
2025 -0.5 +0.3 pp
2024 -0.8 +2.2 pp
2023 -3 +0.5 pp
2022 -3.5 −1.1 pp
2021 -2.4 −1.8 pp
2020 -0.6 −1.9 pp
2019 1.3 +1.8 pp
2018 -0.5 −0.5 pp
2017 0 −0.8 pp
2016 0.8 +1.1 pp
2015 -0.3 +2.6 pp
2014 -2.9 +0.3 pp
2013 -3.2 +0.4 pp
2012 -3.6

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.