Uruguay recorded a Current Account deficit of 374 USD Million in the fourth quarter of 2018. Current Account in Uruguay averaged -127.38 USD Million from 1999 until 2018, reaching an all time high of 637 USD Million in the third quarter of 2017 and a record low of -903.10 USD Million in the first quarter of 2014.
Current Account in Uruguay is expected to be 380.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Uruguay to stand at 250.00 in 12 months time. In the long-term, the Uruguay Current Account is projected to trend around 140.00 USD Million in 2020, according to our econometric models.