Taxes on income, profits and capital gains in Uruguay
Uruguay: Taxes on income, profits and capital gains was 37.1% in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
In 2024, taxes on income, profits and capital gains in Uruguay stood at 37.1%.
That represents a change of down 2.7% on the previous year and up 27.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Uruguay peaked at 47.2% in 2016 and was at its lowest, 8.2%, in 1972.
That places Uruguay 82nd out of 153 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.
Taxes on income, profits and capital gains in Uruguay, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1972 | 8.2% | — |
| 1973 | 11.0% | +34.4% |
| 1974 | 12.6% | +14.8% |
| 1975 | 11.1% | -12.3% |
| 1976 | 10.3% | -7.1% |
| 1977 | 12.2% | +19.3% |
| 1978 | 11.8% | -3.5% |
| 1979 | 12.5% | +5.9% |
| 1980 | 15.3% | +22.1% |
| 1981 | 10.7% | -30.3% |
| 1982 | 8.9% | -16.1% |
| 1983 | 12.6% | +40.8% |
| 1984 | 9.6% | -24.0% |
| 1985 | 11.3% | +17.9% |
| 1986 | 12.1% | +7.4% |
| 1987 | 11.6% | -4.5% |
| 1988 | 12.6% | +9.2% |
| 1989 | 10.9% | -13.8% |
| 1990 | 9.9% | -8.8% |
| 1991 | 8.9% | -10.6% |
| 1992 | 10.7% | +20.1% |
| 1993 | 11.2% | +4.8% |
| 1994 | 10.8% | -3.5% |
| 1995 | 15.5% | +44.0% |
| 1996 | 21.1% | +36.0% |
| 1997 | 18.8% | -10.8% |
| 1998 | 19.7% | +4.5% |
| 1999 | 23.9% | +21.5% |
| 2000 | 25.1% | +4.9% |
| 2001 | 12.5% | -50.4% |
| 2002 | 11.4% | -8.8% |
| 2003 | 9.2% | -18.6% |
| 2004 | 13.8% | +48.8% |
| 2005 | 15.7% | +14.3% |
| 2006 | 16.1% | +2.5% |
| 2007 | 18.5% | +14.6% |
| 2008 | 29.0% | +57.2% |
| 2009 | 27.9% | -3.8% |
| 2010 | 28.6% | +2.4% |
| 2011 | 27.3% | -4.5% |
| 2012 | 28.1% | +2.9% |
| 2013 | 30.5% | +8.6% |
| 2014 | 29.2% | -4.1% |
| 2015 | 30.8% | +5.4% |
| 2016 | 47.2% | +53.3% |
| 2017 | 36.7% | -22.3% |
| 2018 | 37.6% | +2.5% |
| 2019 | 37.6% | +0.1% |
| 2020 | 37.4% | -0.6% |
| 2021 | 34.7% | -7.2% |
| 2022 | 37.3% | +7.5% |
| 2023 | 38.2% | +2.4% |
| 2024 | 37.1% | -2.7% |
Uruguay compared with similar countries
- Uruguay's 37.1% is below the median for high income countries, which is 43.9%, 85% of the median. (55 countries reporting)
- Uruguay's 37.1% is above the median for Latin America & Caribbean, which is 36.0%, 1.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.2% | 8.2% | 12.6% | 8 |
| 1980s | 11.6% | 8.9% | 15.3% | 10 |
| 1990s | 15.1% | 8.9% | 23.9% | 10 |
| 2000s | 17.9% | 9.2% | 29.0% | 10 |
| 2010s | 33.4% | 27.3% | 47.2% | 10 |
| 2020s | 36.9% | 34.7% | 38.2% | 5 |
Countries ranked near Uruguay
More public sector data for Uruguay
- Democracy, 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)
- Elected parliament, 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)
- 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 taxes on income, profits and capital gains in Uruguay?
- Taxes on income, profits and capital gains in Uruguay was 37.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Uruguay?
- The highest recorded value was 47.2% in 2016.
- What is the lowest taxes on income, profits and capital gains recorded in Uruguay?
- The lowest recorded value was 8.2% in 1972.
- How does Uruguay rank for taxes on income, profits and capital gains?
- Uruguay ranks 82nd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Uruguay?
- Over the last ten years it is up 27.0%. 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 Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.