General profile: Uruguay

GENERAL INFORMATION FOR 2021
Population
Population
Exchange rates
Exchange rate
GDP
GDP
3.426 Millions
43.555 UYU/US$
58 994 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 175 020 km²
7.75 %
3.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+39.0 %
Merchandise exports growth rate in 2021
Total merchandise trade
(millions of US$)
2005
2010
2015
2021
Merchandise exports
3 422
6 724
7 688
9 539
Merchandise imports
3 879
8 622
9 489
10 320
Merchandise trade balance
-457
-1 898
-1 802
-781
Export structure by product group in 2021
(as % of total exports)
4 %4 %19 %19 %8 %8 %69 %69 %
Top 5 partners in 2021
(exports, millions of US$)
2 9661 9906175352632 9661 990617535263
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2021
Services exports
1 311
2 688
5 194
3 776
Services imports
939
1 531
4 290
3 929
Services trade balance
372
1 157
904
-153
Services exports by main category²
(as % of total services)
2005
2010
2015
2021
Transport
35.7
18.6
11.5
11.3
Travel
45.3
56.1
43.3
13.9
Other services
18.9
25.3
44.6
73.1
TRADE INDICES
More data on UNCTADstat
12410410798110100100104989283817164595753514338404210410810097102103100989493898788827676778588878985
ECONOMIC TRENDS
More data on UNCTADstat
+3.7 %
Gross domestic product growth rate in 2021
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
GDP, current
17 363
40 285
57 081
58 994
GDP per capita, current US$
5 233
12 016
16 775
17 218
Real GDP growth, y-on-y, %
7.46
7.80
1.77
3.70
Current account balance, % of GDP
0.24
-1.81
-0.26
-1.85
Exchange rate (/US$)
24.479
20.059
27.327
43.555
GDP by expenditure in 2020
(as % of total GDP)
61.017.717.025.421.061.017.717.025.421.0
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.5 %
FDI outflows as % of GDP in 2021
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
FDI inflows
847.40
2 289.11
1 085.40
1 645.53
FDI outflows
36.26
-59.68
310.70
310.39
Personal remittances, % of GDP
..
..
0.17
..
Financial flows trends
(millions of US$)
110.7112.3114.0109.490.490.397.898.81 6466351 965-67-590-1 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
2021
Balance, % of GDP
2.26
1.56
1.41
1.29
Balance, % of imports
8.37
6.25
5.61
5.07
Normalized balance
0.040
0.030
0.027
0.025
Trade openness²
(sum of imports and exports as % of GDP)
5244474545465255566253525365596056
LIVING AREA
Population by living area in 2021
(% 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 2021
Maritime transport indicators
 
2005
2010
2015
2021
Merchant fleet, national flag (thousands of DWT)
50
70
118
60
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
22.89
29.97
31.39
Container port throughput (TEU)
..
671 952
811 297
..
Information economy indicators
(as % of)
2005
2010
2015
2021
Share of ICT goods, % of total exports
0.13
0.05
0.15
..
Share of ICT goods, % of total imports
6.28
5.64
6.48
..
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: 20 October 2022