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Uruguay GDP

Uruguay's GDP rose to $80.96 billion in 2024, up from $77.99 billion in 2023, according to World Bank. This represents an increase of 3.8% ($2.97 billion) from the previous year and accounts for 0.07% of the world's total GDP. Uruguay has GDP higher than the global median ($80.96 billion vs median $35.85 billion). Compared with the median in Americas, Uruguay is higher ($80.96 billion vs regional median $25.03 billion) and ranks 16th out of 44 countries in Americas.

Uruguay's GDP per capita rose to $18,958.6 in 2024, up from $18,378.98 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 80.96
2023 77.99
2022 70.59
2021 60.74
2020 53.56
2019 62.22
2018 65.34
2017 65.01
2016 57.48
2015 57.68
2014 61.5
2013 61.34
2012 54.23
2011 50.34
2010 41.95
2009 32.71
2008 31.12
2007 23.8
2006 19.74
2005 17.36
2004 13.69
2003 12.05
2002 13.61
2001 20.9
2000 22.82
1999 23.98
1998 25.39
1997 23.97
1996 20.52
1995 19.3
1994 17.47
1993 15
1992 12.88
1991 11.21
1990 9.3
1989 8.44
1988 8.21
1987 7.37
1986 5.88
1985 4.73
1984 4.85
1983 5.1
1982 9.18
1981 11.05
1980 10.16
1979 7.18
1978 4.91
1977 4.11
1976 3.67
1975 3.54
1974 4.09
1973 3.96
1972 2.19
1971 2.81
1970 2.14
1969 2
1968 1.59
1967 1.6
1966 1.81
1965 1.89
1964 1.98
1963 1.54
1962 1.71
1961 1.55
1960 1.24
Uruguay GDP : Definition
GDP measures the total value of all goods and services produced in Uruguay, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.11% 0.74% 2024
GDP per Capita $18,958.6 $18,378.98 2024
GDP per Capita PPP $32,038.77 $31,059.25 2024
R&D Expenditure (% GDP) 0.63% 0.61% 2022
Real GDP $64.2B $62.27B 2024