Uruguay recorded a government budget deficit of 6639 UYU Million in November of 2019.

Government Budget Value in Uruguay averaged -1652.79 UYU Million from 1999 until 2019, reaching an all time high of 11132.20 UYU Million in April of 2012 and a record low of -14936.36 UYU Million in June of 2018. This page provides - Uruguay Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Ministerio De Economua y Finanzas, Uruguay

Government Budget Value in Uruguay is expected to be -17077.28 UYU Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Uruguay to stand at -16860.19 in 12 months time. In the long-term, the Uruguay Government Budget Value is projected to trend around -16734.64 UYU Million in 2020, according to our econometric models.

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Uruguay Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-6639.00 756.06 11132.20 -14936.36 1999 - 2019 UYU Million Monthly
Current Prices, NSA

Uruguay Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 51.70 51.10 96.10 30.60 percent [+]
Government Budget -2.00 -2.70 -0.40 -3.40 percent of GDP [+]
Government Budget Value -6639.00 756.06 11132.20 -14936.36 UYU Million [+]
Government Spending 18034037.46 18124703.82 18652816.56 11533511.60 UYU Thousand [+]
Government Revenues 36705.00 36850.68 37148.34 3376.46 UYU Million [+]
Fiscal Expenditure 57400.00 49524.18 62038.19 5518.89 UYU Million [+]
Military Expenditure 1164.00 1166.00 1865.00 530.00 USD Million [+]
Credit Rating 55.00 [+]