Budget balance — all countries

Budget balance — Uruguay

Budget balance in Uruguay in 2031 — -2.1%. Ranked 84 in the world out of 188. Since 1999, the indicator has risen by 0.7 pp.

2031 -2.1% +0 pp vs 2030
World rank 84of 188
Period maximum -0.2%2007
Period minimum -4.6%2020

Trend over time

1999–2031 · % of GDP

Budget balance — Uruguay, 1999–2031-6-4-201999200320072011201520192023202720311999: -2.8%2000: -2.8%2001: -2.9%2002: -3.2%2003: -2.2%2004: -0.9%2005: -0.3%2006: -0.6%2007: -0.2%2008: -1.3%2009: -1.4%2010: -0.4%2011: -0.3%2012: -2.2%2013: -1.7%2014: -2.6%2015: -1.9%2016: -2.7%2017: -2.5%2018: -1.9%2019: -2.7%2020: -4.6%2021: -2.6%2022: -2.5%2023: -3.1%2024: -3.2%2025: -3.4%2026: -3.8%2027: -3.2%2028: -2.7%2029: -2.2%2030: -2.1%2031: -2.1%
Change over the period: +0.7 pp Annual average: 0.02 pp

Comparison, 2031

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

Uruguay -2.1%
World computed -4.85%
Latin America & Caribbean computed -3.31%
South America computed -3.77%
High-income countries computed -4.26%
Budget balance — Uruguay, by year Uruguay All countries CSV XLSX
Year % Change, pp
2031 -2.1 +0 pp
2030 -2.1 +0.1 pp
2029 -2.2 +0.5 pp
2028 -2.7 +0.5 pp
2027 -3.2 +0.6 pp
2026 -3.8 −0.4 pp
2025 -3.4 −0.2 pp
2024 -3.2 −0.1 pp
2023 -3.1 −0.6 pp
2022 -2.5 +0.1 pp
2021 -2.6 +2 pp
2020 -4.6 −1.9 pp
2019 -2.7 −0.8 pp
2018 -1.9 +0.6 pp
2017 -2.5 +0.2 pp
2016 -2.7 −0.8 pp
2015 -1.9 +0.7 pp
2014 -2.6 −0.9 pp
2013 -1.7 +0.5 pp
2012 -2.2 −1.9 pp
2011 -0.3 +0.1 pp
2010 -0.4 +1 pp
2009 -1.4 −0.1 pp
2008 -1.3 −1.1 pp
2007 -0.2 +0.4 pp
2006 -0.6 −0.3 pp
2005 -0.3 +0.6 pp
2004 -0.9 +1.3 pp
2003 -2.2 +1 pp
2002 -3.2 −0.3 pp
2001 -2.9 −0.1 pp
2000 -2.8 +0 pp
1999 -2.8

South America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

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