Current account balance (credit less debit), Net (credits less) in Uruguay
Uruguay: Current account balance (credit less debit), Net (credits less) was -632.87 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Uruguay, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Uruguay stood at -632.87 million.
The figure is up 73.3% on the previous year and up 65.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Uruguay peaked at 803.15 million in 2019 and was at its lowest, -2.49 billion, in 2022.
That places Uruguay 117th out of 198 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.
Current account balance (credit less debit), Net (credits less) in Uruguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 42.28 million | — |
| 2006 | -391.88 million | -1026.9% |
| 2007 | -220.45 million | -43.7% |
| 2008 | -1.73 billion | +684.3% |
| 2009 | -381.29 million | -77.9% |
| 2010 | -730.84 million | +91.7% |
| 2011 | -1.31 billion | +79.9% |
| 2012 | -2.04 billion | +54.9% |
| 2013 | -2.02 billion | -1.0% |
| 2014 | -1.84 billion | -8.8% |
| 2015 | -147.09 million | -92.0% |
| 2016 | 474.25 million | -422.4% |
| 2017 | 7.36 million | -98.4% |
| 2018 | -300.45 million | -4180.7% |
| 2019 | 803.15 million | -367.3% |
| 2020 | -343.47 million | -142.8% |
| 2021 | -1.48 billion | +330.3% |
| 2022 | -2.49 billion | +68.2% |
| 2023 | -2.37 billion | -4.5% |
| 2024 | -632.87 million | -73.3% |
Uruguay compared with similar countries
- Uruguay's -632.87 million is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Uruguay's -632.87 million is below the median for Latin America & Caribbean, which is -169.22 million, 3.7× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2018 | -4180.7% | 7.36 million | -300.45 million |
| 2006 | -1026.9% | 42.28 million | -391.88 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -536.07 million | -1.73 billion | 42.28 million | 5 |
| 2010s | -709.94 million | -2.04 billion | 803.15 million | 10 |
| 2020s | -1.46 billion | -2.49 billion | -343.47 million | 5 |
Countries ranked near Uruguay
- 114 East Timor -587.48 million compare
- 115 Sierra Leone -606.36 million compare
- 116 El Salvador -632.55 million compare
- 118 Albania -647.91 million compare
- 119 New Caledonia -654.24 million compare
- 120 Curacao -654.69 million compare
More financial sector data for Uruguay
- Reserve position in the IMF, US dollar, annual growth rate 7.91 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 44.98 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.76 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 32.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.91 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 44.98 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.76 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Uruguay?
- Current account balance (credit less debit), net (credits less debits) in Uruguay was -632.87 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Uruguay?
- The highest recorded value was 803.15 million in 2019.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Uruguay?
- The lowest recorded value was -2.49 billion in 2022.
- How does Uruguay rank for current account balance (credit less debit), net (credits less debits)?
- Uruguay ranks 117th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Uruguay?
- Over the last ten years it is up 65.6%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.