Uruguay recorded a government budget deficit of 6737.18 UYU Million in May of 2021. source: Ministerio De Economua y Finanzas, Uruguay

Government Budget Value in Uruguay averaged -2101.45 UYU Million from 1999 until 2021, reaching an all time high of 29318.59 UYU Million in April of 2021 and a record low of -34770.83 UYU Million in February of 2020. This page provides - Uruguay Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Government Budget Value - values, historical data and charts - was last updated on July of 2021.

Government Budget Value in Uruguay is expected to be -16860.19 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 -16734.64 in 12 months time. In the long-term, the Uruguay Government Budget Value is projected to trend around -16734.64 UYU Million in 2022, according to our econometric models.

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Uruguay Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-6737.18 29318.59 29318.59 -34770.83 1999 - 2021 UYU Million Monthly
Current Prices, NSA

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.00 60.50 96.10 30.60 percent of GDP [+]
Government Budget -5.10 -2.80 -0.40 -5.10 percent of GDP [+]
Government Budget Value -6737.18 29318.59 29318.59 -34770.83 UYU Million [+]
Government Spending 74635.52 70690.51 18154731.70 61468.44 UYU Thousand [+]
Government Revenues 38149.18 50454.99 50454.99 3376.46 UYU Million [+]
Fiscal Expenditure 59629.36 34562.09 90234.12 5518.89 UYU Million [+]
Credit Rating 55.00 [+]
Military Expenditure 1260.00 1155.00 1760.00 500.00 USD Million [+]


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.