Uruguay 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$77.24 billion
↑ 10.09% vs 2022GDP per Capita
$22,797.81
↑ 10.18% vs 2022GDP Growth (Annual %)
0.37%
↓ 4.34pp vs 2022Inflation Rate (CPI %)
5.87%
↓ 3.24pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $70.16 billion | $77.24 billion | +10.09% |
| GDP per Capita | $20,691.97 | $22,797.81 | +10.18% |
| GDP Growth (Annual %) | 4.71% | 0.37% | -4.34pp |
| Inflation (CPI %) | 9.10% | 5.87% | -3.24pp |
| Unemployment Rate (%) | 7.88% | 8.36% | +0.48pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $77.24 billion
- GDP per Capita
- $22,797.81
- GDP Growth (Annual %)
- 0.37%
- Gross National Income
- $71.75 billion
Prices & Employment
- Inflation (CPI %)
- 5.87%
- Inflation (GDP Deflator %)
- 3.43%
- Unemployment Rate (%)
- 8.36%
- Interest Rate (Real %)
- 8.18%
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)
- -3.34%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Uruguay's Gross Domestic Product (GDP) is $77.24 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Uruguay for 2023 is $22,797.81. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Uruguay for 2023 is 5.87%. This measures the annual percentage change in the cost of consumer goods and services.
Uruguay's annual GDP growth rate for 2023 is 0.37%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Uruguay for 2023 is 8.36%. This represents the percentage of the labor force that is unemployed and actively seeking employment.