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General profile: Uruguay

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
3.423 Millions
41.171 UYU/US$
72 170 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 175 020 km²
9.11 %
5.31 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+17.2 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
3 422
6 724
7 688
11 185
Merchandise imports
3 879
8 622
9 489
12 973
Merchandise trade balance
-457
-1 898
-1 802
-1 789
Export structure by product group in 2022
(as % of total exports)
2 %2 %17 %17 %11 %11 %70 %70 %
Top 5 partners in 2022
(exports, millions of US$)
2 4021 6769046962942 4021 676904696294
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
1 311
2 688
5 194
5 449
Services imports
939
1 531
4 290
5 101
Services trade balance
372
1 157
904
348
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
35.7
18.6
11.5
12.2
Travel
45.3
56.1
43.3
32.0
Other services
18.9
25.3
44.6
54.8
TRADE INDICES
More data on UNCTADstat
12410410798110100100104989283817164595753514338404210410810097102103100989493898788827676778588878985
ECONOMIC TRENDS
More data on UNCTADstat
+5.3 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
17 363
40 285
57 081
72 170
GDP per capita, current US$
5 233
12 016
16 775
21 085
Real GDP growth, y-on-y, %
7.46
7.80
1.77
5.31
Current account balance, % of GDP
0.24
-1.81
-0.26
-3.14
Exchange rate (/US$)
24.479
20.059
27.327
41.171
GDP by expenditure in 2021
(as % of total GDP)
58.816.718.431.525.358.816.718.431.525.3
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.8 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
847.40
2 289.11
1 085.40
3 838.75
FDI outflows
36.26
-59.68
310.70
564.46
Personal remittances, % of GDP
..
..
0.16
..
Financial flows trends
(millions of US$)
125.7111.1112.3114.0109.490.490.397.898.83 8392 2417532 018-11-590-1 8211 0852 2364 2512 2162 5042 2891 5292 1061 3291 493847332416194297273FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2022
Balance, % of GDP
2.26
1.56
1.41
1.47
Balance, % of imports
8.37
6.25
5.61
5.68
Normalized balance
0.040
0.030
0.027
0.028
Trade openness²
(sum of imports and exports as % of GDP)
535244474645465255566253525365596056
LIVING AREA
Population by living area in 2022
(% of population)
Urban 96%Urban 96%Rural 4%Rural 4%
OTHER INDICATORS
More data on UNCTADstat
0.003 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
50
70
118
60
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
22.89
29.97
35.95
Container port throughput (TEU)
..
608 712
811 297
..
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
0.13
0.05
0.15
0.07
Share of ICT goods, % of total imports
6.28
5.64
6.48
5.32
Share of workforce involved in the ICT sector
4.93
5.11
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 21 September 2023