Goods and services expense in Uruguay
Uruguay: Goods and services expense was 9.5% in 2023. ▼ Falling
Goods and services expense in Uruguay, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Uruguay is 9.5%, measured in 2023.
The figure is down 12.5% on the previous year and down 19.5% over ten years.
Over the whole period, goods and services expense in Uruguay peaked at 19.7% in 1987 and was at its lowest, 7.9%, in 1972.
Uruguay ranks 108th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.9% | 7.9% | 18.2% | 8 |
| 1980s | 16.1% | 10.2% | 19.7% | 10 |
| 1990s | 15.5% | 12.8% | 18.3% | 10 |
| 2000s | 13.7% | 11.9% | 15.5% | 10 |
| 2010s | 11.4% | 10.1% | 12.6% | 10 |
| 2020s | 11.3% | 9.5% | 13.5% | 4 |
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 9.5% in 2023, 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 19.7% in 1987.
- What is the lowest goods and services expense recorded in Uruguay?
- The lowest recorded value was 7.9% in 1972.
- How does Uruguay rank for goods and services expense?
- Uruguay ranks 108th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Uruguay?
- Over the last ten years it is down 19.5%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.