Goods and services expense in Uruguay
Uruguay: Goods and services expense was 113.23 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Uruguay recorded 113.23 billion current LCU for goods and services expense in 2024.
That represents a change of up 6.7% on the previous year and up 130.3% over ten years.
Over the whole period, goods and services expense in Uruguay peaked at 114.13 billion current LCU in 2022 and was at its lowest, 23,000 current LCU, in 1972.
That places Uruguay 60th out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 496,125 current LCU | 23,000 current LCU | 1.62 million current LCU | 8 |
| 1980s | 45.89 million current LCU | 3.25 million current LCU | 170.00 million current LCU | 10 |
| 1990s | 5.32 billion current LCU | 377.00 million current LCU | 13.16 billion current LCU | 10 |
| 2000s | 16.43 billion current LCU | 8.77 billion current LCU | 25.91 billion current LCU | 10 |
| 2010s | 51.76 billion current LCU | 29.86 billion current LCU | 77.83 billion current LCU | 10 |
| 2020s | 107.03 billion current LCU | 88.59 billion current LCU | 114.13 billion current LCU | 5 |
Countries ranked near Uruguay
More public sector data for Uruguay
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.9% (2024)
- Taxes on income, profits and capital gains 18.8% (2024)
- Taxes on goods and services 24.7% (2024)
- Net investment in nonfinancial assets 1.2% (2024)
- Net lending (+) / net borrowing (-) -3.1% (2024)
- Interest payments 6.9% (2024)
- Grants and other revenue 19.5% (2024)
- Interest payments 6.4% (2023)
- Other taxes 4.1% (2024)
Frequently asked questions
- What is goods and services expense in Uruguay?
- Goods and services expense in Uruguay was 113.23 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Uruguay?
- The highest recorded value was 114.13 billion current LCU in 2022.
- What is the lowest goods and services expense recorded in Uruguay?
- The lowest recorded value was 23,000 current LCU in 1972.
- How does Uruguay rank for goods and services expense?
- Uruguay ranks 60th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Uruguay?
- Over the last ten years it is up 130.3%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.