uy Uruguay 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$53.67 billion

↓ 13.75% vs 2019
GDP per Capita

$15,789.69

↓ 13.79% vs 2019
GDP Growth (Annual %)

-7.38%

↓ 8.31pp vs 2019
Inflation Rate (CPI %)

9.76%

↑ 1.87pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $62.22 billion $53.67 billion -13.75%
GDP per Capita $18,315.74 $15,789.69 -13.79%
GDP Growth (Annual %) 0.93% -7.38% -8.31pp
Inflation (CPI %) 7.88% 9.76% +1.87pp
Unemployment Rate (%) 8.84% 10.41% +1.58pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$53.67 billion
GDP per Capita
$15,789.69
GDP Growth (Annual %)
-7.38%
Gross National Income
$50.78 billion
Prices & Employment
Inflation (CPI %)
9.76%
Inflation (GDP Deflator %)
10.98%
Unemployment Rate (%)
10.41%
Interest Rate (Real %)
0.23%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-0.73%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Uruguay's Gross Domestic Product (GDP) is $53.67 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Uruguay for 2020 is $15,789.69. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Uruguay for 2020 is 9.76%. This measures the annual percentage change in the cost of consumer goods and services.

Uruguay's annual GDP growth rate for 2020 is -7.38%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Uruguay for 2020 is 10.41%. This represents the percentage of the labor force that is unemployed and actively seeking employment.