Net incurrence of liabilities, total in Uruguay
Uruguay: Net incurrence of liabilities, total was 118.68 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Uruguay recorded 118.68 billion current LCU for net incurrence of liabilities, total in 2024.
Compared with earlier readings it is down 26.5% on the previous year and up 252.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Uruguay peaked at 161.46 billion current LCU in 2023 and was at its lowest, -13.11 billion current LCU, in 2001.
That places Uruguay 55th out of 136 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.
Net incurrence of liabilities, total in Uruguay, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 7,000 current LCU | — |
| 1973 | 12,000 current LCU | +71.4% |
| 1974 | 201,000 current LCU | +1575.0% |
| 1975 | 482,000 current LCU | +139.8% |
| 1976 | 558,000 current LCU | +15.8% |
| 1977 | 329,000 current LCU | -41.0% |
| 1978 | 490,000 current LCU | +48.9% |
| 1979 | 923,000 current LCU | +88.4% |
| 1980 | 1.85 million current LCU | +100.0% |
| 1981 | 1.30 million current LCU | -29.3% |
| 1982 | 9.57 million current LCU | +633.3% |
| 1983 | 5.39 million current LCU | -43.7% |
| 1984 | 28.06 million current LCU | +420.8% |
| 1985 | 35.37 million current LCU | +26.0% |
| 1986 | 25.54 million current LCU | -27.8% |
| 1987 | 375.14 million current LCU | +1368.8% |
| 1988 | 285.82 million current LCU | -23.8% |
| 1989 | 222.00 million current LCU | -22.3% |
| 1990 | 220.00 million current LCU | -0.9% |
| 1991 | 63.00 million current LCU | -71.4% |
| 1992 | 615.00 million current LCU | +876.2% |
| 1993 | -723.00 million current LCU | -217.6% |
| 1994 | 7.91 billion current LCU | -1194.2% |
| 1999 | 879.00 million current LCU | -88.9% |
| 2001 | -13.11 billion current LCU | -1591.6% |
| 2002 | 57.45 billion current LCU | -538.2% |
| 2003 | 5.48 billion current LCU | -90.5% |
| 2004 | 4.85 billion current LCU | -11.4% |
| 2005 | 16.64 billion current LCU | +242.8% |
| 2006 | -6.53 billion current LCU | -139.3% |
| 2007 | 21.70 billion current LCU | -432.0% |
| 2008 | 1.24 billion current LCU | -94.3% |
| 2009 | 43.93 billion current LCU | +3447.6% |
| 2010 | -9.58 billion current LCU | -121.8% |
| 2011 | 37.67 billion current LCU | -493.3% |
| 2012 | 27.91 billion current LCU | -25.9% |
| 2013 | 15.51 billion current LCU | -44.4% |
| 2014 | 33.66 billion current LCU | +117.0% |
| 2015 | 74.07 billion current LCU | +120.0% |
| 2016 | 49.54 billion current LCU | -33.1% |
| 2017 | 43.58 billion current LCU | -12.0% |
| 2018 | 26.18 billion current LCU | -39.9% |
| 2019 | 29.77 billion current LCU | +13.7% |
| 2020 | 130.38 billion current LCU | +337.9% |
| 2021 | 99.53 billion current LCU | -23.7% |
| 2022 | 75.30 billion current LCU | -24.3% |
| 2023 | 161.46 billion current LCU | +114.4% |
| 2024 | 118.68 billion current LCU | -26.5% |
Uruguay compared with similar countries
- Uruguay's 118.68 billion current LCU is above the median for high income countries, which is 9.91 billion current LCU, 12.0× the median. (41 countries reporting)
- Uruguay's 118.68 billion current LCU is above the median for Latin America & Caribbean, which is 9.26 billion current LCU, 12.8× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total in Uruguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +3447.6% | 1.24 billion current LCU | 43.93 billion current LCU |
| 2001 | -1591.6% | 879.00 million current LCU | -13.11 billion current LCU |
| 1974 | +1575.0% | 12,000 current LCU | 201,000 current LCU |
| 1987 | +1368.8% | 25.54 million current LCU | 375.14 million current LCU |
| 1994 | +1194.2% | -723.00 million current LCU | 7.91 billion current LCU |
| 1992 | +876.2% | 63.00 million current LCU | 615.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 375,250 current LCU | 7,000 current LCU | 923,000 current LCU | 8 |
| 1980s | 99.00 million current LCU | 1.30 million current LCU | 375.14 million current LCU | 10 |
| 1990s | 1.49 billion current LCU | -723.00 million current LCU | 7.91 billion current LCU | 6 |
| 2000s | 14.63 billion current LCU | -13.11 billion current LCU | 57.45 billion current LCU | 9 |
| 2010s | 32.83 billion current LCU | -9.58 billion current LCU | 74.07 billion current LCU | 10 |
| 2020s | 117.07 billion current LCU | 75.30 billion current LCU | 161.46 billion current LCU | 5 |
Countries ranked near Uruguay
- 52 Saudi Arabia 152.47 billion current LCU compare
- 53 Guinea-Bissau 126.91 billion current LCU compare
- 54 Congo 119.50 billion current LCU compare
- 56 Iceland 113.95 billion current LCU compare
- 57 Equatorial Guinea 99.50 billion current LCU compare
- 58 Gabon 98.63 billion current LCU compare
More public sector data for Uruguay
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is net incurrence of liabilities, total in Uruguay?
- Net incurrence of liabilities, total in Uruguay was 118.68 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Uruguay?
- The highest recorded value was 161.46 billion current LCU in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Uruguay?
- The lowest recorded value was -13.11 billion current LCU in 2001.
- How does Uruguay rank for net incurrence of liabilities, total?
- Uruguay ranks 55th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Uruguay?
- Over the last ten years it is up 252.6%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.