Uruguay recorded a government debt equivalent to 61.30 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Uruguay averaged 59.33 percent from 2000 until 2019, reaching an all time high of 96.10 percent in 2003 and a record low of 30.60 percent in 2000. This page provides - Uruguay Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Uruguay is expected to reach 65.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Government Debt to GDP is projected to trend around 66.00 percent in 2021 and 67.00 percent in 2022, according to our econometric models.

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Uruguay Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
61.30 60.20 96.10 30.60 2000 - 2019 percent Yearly

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 61.30 60.20 96.10 30.60 percent [+]
Government Budget -2.90 -2.00 -0.40 -3.40 percent of GDP [+]
Government Budget Value -7048.44 -7072.92 15556.94 -34770.92 UYU Million [+]
Government Spending 16068888.52 18631117.95 18638573.11 11533511.60 UYU Thousand [+]
Government Revenues 35109.66 34707.65 41895.96 3376.46 UYU Million [+]
Fiscal Expenditure 54907.36 70873.11 79672.03 5518.89 UYU Million [+]
Credit Rating 55.00 [+]
Military Expenditure 1164.00 1166.00 1865.00 530.00 USD Million [+]

Uruguay Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.