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Uruguay’s GDP Growth

#29 of 189 in the GDP Growth progress rankings

Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).

Latest (2024)
3.1 %
Year-over-year
+2.4 %
Change since start (1961→2024)
+0.6 %

Key insights

  • From 1961 to 2024, GDP Growth changed by +0.6 %.
  • Most recent year-over-year change (2023→2024): +2.4 %.
  • Lowest level: -10.3 % in 1983.
  • Highest level: 8.8 % in 1986.

GDP Growth Chart (1961–2024)

*Average based on available data from 193 UN member countries

GDP Growth Table (1961–2024)

GDP Growth — Uruguay
Year GDP Growth
1961 2.5 %
1962 -1.6 %
1963 0.2 %
1964 2.4 %
1965 1.1 %
1966 3.1 %
1967 -3.7 %
1968 1.9 %
1969 5.9 %
1970 2.3 %
1971 -0.3 %
1972 -1.3 %
1973 0.3 %
1974 2.9 %
1975 6.1 %
1976 3.9 %
1977 1.5 %
1978 5.4 %
1979 6.2 %
1980 5.8 %
1981 1.6 %
1982 -9.8 %
1983 -10.3 %
1984 -1.1 %
1985 1.5 %
1986 8.8 %
1987 8.0 %
1988 1.5 %
1989 1.1 %
1990 0.3 %
1991 3.5 %
1992 7.9 %
1993 2.7 %
1994 7.3 %
1995 -1.5 %
1996 5.6 %
1997 8.6 %
1998 4.5 %
1999 -1.5 %
2000 -1.9 %
2001 -3.8 %
2002 -7.7 %
2003 0.8 %
2004 5.0 %
2005 7.5 %
2006 4.1 %
2007 6.5 %
2008 7.2 %
2009 4.2 %
2010 7.8 %
2011 5.2 %
2012 3.5 %
2013 4.6 %
2014 3.2 %
2015 0.4 %
2016 1.7 %
2017 1.7 %
2018 0.2 %
2019 0.9 %
2020 -7.4 %
2021 5.8 %
2022 4.5 %
2023 0.7 %
2024 3.1 %

Source: World Bank

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