Uruguay recorded a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2019.
Government Budget in Uruguay averaged -1.92 percent of GDP from 2000 until 2019, reaching an all time high of -0.40 percent of GDP in 2010 and a record low of -3.40 percent of GDP in 2002. 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 October of 2020.
Government Budget in Uruguay is expected to reach -4.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Government Budget is projected to trend around -4.00 percent of GDP in 2021 and -3.50 percent of GDP in 2022, according to our econometric models.