Taxes on goods and services (% of revenue) in Uruguay
Uruguay: Taxes on goods and services (% of revenue) was 24.7% in 2024. ▼ Falling
Taxes on goods and services in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Uruguay recorded 24.7% for taxes on goods and services in 2024. That is the lowest value across all 53 years on record.
That represents a change of down 1.9% on the previous year and down 26.2% over ten years.
Over the whole period, taxes on goods and services in Uruguay peaked at 51.1% in 2007 and was at its lowest, 24.7%, in 2024.
Uruguay ranks 112th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Taxes on goods and services (% of revenue) in Uruguay, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 25.3% | — |
| 1973 | 34.0% | +34.5% |
| 1974 | 38.7% | +13.9% |
| 1975 | 48.2% | +24.4% |
| 1976 | 43.7% | -9.4% |
| 1977 | 42.7% | -2.2% |
| 1978 | 42.2% | -1.0% |
| 1979 | 41.6% | -1.6% |
| 1980 | 43.3% | +4.3% |
| 1981 | 43.9% | +1.3% |
| 1982 | 43.2% | -1.6% |
| 1983 | 39.2% | -9.1% |
| 1984 | 43.4% | +10.6% |
| 1985 | 44.7% | +3.0% |
| 1986 | 43.6% | -2.5% |
| 1987 | 41.4% | -5.1% |
| 1988 | 43.2% | +4.5% |
| 1989 | 43.6% | +1.0% |
| 1990 | 36.4% | -16.7% |
| 1991 | 36.0% | -1.0% |
| 1992 | 36.6% | +1.6% |
| 1993 | 30.3% | -17.3% |
| 1994 | 29.9% | -1.2% |
| 1995 | 33.0% | +10.4% |
| 1996 | 33.6% | +1.9% |
| 1997 | 41.1% | +22.1% |
| 1998 | 40.2% | -2.1% |
| 1999 | 43.2% | +7.4% |
| 2000 | 35.1% | -18.6% |
| 2001 | 45.5% | +29.4% |
| 2002 | 45.7% | +0.6% |
| 2003 | 49.1% | +7.3% |
| 2004 | 50.8% | +3.5% |
| 2005 | 50.7% | -0.3% |
| 2006 | 50.6% | -0.1% |
| 2007 | 51.1% | +0.9% |
| 2008 | 47.8% | -6.5% |
| 2009 | 40.5% | -15.1% |
| 2010 | 39.9% | -1.6% |
| 2011 | 36.5% | -8.4% |
| 2012 | 36.1% | -1.3% |
| 2013 | 33.8% | -6.4% |
| 2014 | 33.5% | -0.9% |
| 2015 | 33.1% | -1.1% |
| 2016 | 27.2% | -17.7% |
| 2017 | 30.5% | +11.9% |
| 2018 | 28.2% | -7.4% |
| 2019 | 28.1% | -0.3% |
| 2020 | 29.3% | +4.0% |
| 2021 | 31.0% | +5.8% |
| 2022 | 26.0% | -15.9% |
| 2023 | 25.2% | -3.3% |
| 2024 | 24.7% | -1.9% |
Uruguay compared with similar countries
- Uruguay's 24.7% is below the median for high income countries, which is 26.4%, 94% of the median. (57 countries reporting)
- Uruguay's 24.7% is below the median for Latin America & Caribbean, which is 36.3%, 68% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.5% | 25.3% | 48.2% | 8 |
| 1980s | 43.0% | 39.2% | 44.7% | 10 |
| 1990s | 36.0% | 29.9% | 43.2% | 10 |
| 2000s | 46.7% | 35.1% | 51.1% | 10 |
| 2010s | 32.7% | 27.2% | 39.9% | 10 |
| 2020s | 27.2% | 24.7% | 31.0% | 5 |
Countries ranked near Uruguay
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)
- Arms imports 1.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 2.95 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 133.33 % change on previous year (2022)
Frequently asked questions
- What is taxes on goods and services in Uruguay?
- Taxes on goods and services in Uruguay was 24.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Uruguay?
- The highest recorded value was 51.1% in 2007.
- What is the lowest taxes on goods and services recorded in Uruguay?
- The lowest recorded value was 24.7% in 2024.
- How does Uruguay rank for taxes on goods and services?
- Uruguay ranks 112th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Uruguay?
- Over the last ten years it is down 26.2%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.