Government Budget in Uruguay decreased to -5.10 percent of GDP in 2020 from -2.80 percent of GDP in 2019. source: Ministerio de Economía y Finanzas, Uruguay

Government Budget in Uruguay averaged -2.07 percent of GDP from 2000 until 2020, reaching an all time high of -0.40 percent of GDP in 2010 and a record low of -5.10 percent of GDP in 2020. 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 May of 2021.

Government Budget in Uruguay is expected to reach -4.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Government Budget is projected to trend around -3.50 percent of GDP in 2022, according to our econometric models.

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Uruguay Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-5.10 -2.80 -0.40 -5.10 2000 - 2020 percent of GDP Yearly

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.00 60.50 96.10 30.60 percent [+]
Government Budget -5.10 -2.80 -0.40 -5.10 percent of GDP [+]
Government Budget Value -34734.61 -12945.23 15558.61 -34770.83 UYU Million [+]
Government Spending 70690.51 64437.35 18154731.70 61468.44 UYU Thousand [+]
Government Revenues 44086.96 32494.89 45150.26 3376.46 UYU Million [+]
Fiscal Expenditure 90234.12 60574.19 90234.12 5518.89 UYU Million [+]
Credit Rating 55.00 [+]
Military Expenditure 1220.00 1271.00 1871.00 532.00 USD Million [+]


Uruguay Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.