Uruguay Private Credit (% GDP)
Uruguay's private credit (% GDP) rose to 31.08% in 2024, up from 28.58% in 2023, according to World Bank. This represents an increase of 2.5% from the previous year. Uruguay has private credit (% GDP) lower than the global median (31.08% vs median 39.47%). Compared with the median in Americas, Uruguay is lower (31.08% vs regional median 48.39%) and ranks 27th out of 32 countries in Americas.
Yearly Historical Data (1960-2024)
(in %)Uruguay Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Uruguay.