Goods balance (credit less debit), Net (credits less debits) (US) in Uruguay
Uruguay: Goods balance (credit less debit), Net (credits less debits) (US) was 3.30 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Uruguay, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Uruguay stood at 3.30 billion.
The figure is up 40.2% on the previous year and up 76.5% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Uruguay peaked at 4.73 billion in 2021 and was at its lowest, -1.71 billion, in 2008.
That places Uruguay 49th out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) (US) in Uruguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 20.82 million | — |
| 2006 | -498.65 million | -2495.1% |
| 2007 | -545.49 million | +9.4% |
| 2008 | -1.71 billion | +214.3% |
| 2009 | -503.86 million | -70.6% |
| 2010 | -527.00 million | +4.6% |
| 2011 | -1.43 billion | +171.4% |
| 2012 | 347.88 million | -124.3% |
| 2013 | 878.39 million | +152.5% |
| 2014 | 1.87 billion | +112.7% |
| 2015 | 1.33 billion | -28.9% |
| 2016 | 2.05 billion | +54.2% |
| 2017 | 1.96 billion | -4.6% |
| 2018 | 2.38 billion | +21.9% |
| 2019 | 3.11 billion | +30.5% |
| 2020 | 2.26 billion | -27.5% |
| 2021 | 4.73 billion | +109.6% |
| 2022 | 4.24 billion | -10.4% |
| 2023 | 2.35 billion | -44.5% |
| 2024 | 3.30 billion | +40.2% |
Uruguay compared with similar countries
- Uruguay's 3.30 billion is above the median for high income countries, which is -810.36 million. (72 countries reporting)
- Uruguay's 3.30 billion is above the median for Latin America & Caribbean, which is -820.85 million. (37 countries reporting)
Biggest year-on-year movements
Years where Goods balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2006 | -2495.1% | 20.82 million | -498.65 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -648.28 million | -1.71 billion | 20.82 million | 5 |
| 2010s | 1.20 billion | -1.43 billion | 3.11 billion | 10 |
| 2020s | 3.37 billion | 2.26 billion | 4.73 billion | 5 |
Countries ranked near Uruguay
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 goods balance (credit less debit), net (credits less debits) in Uruguay?
- Goods balance (credit less debit), net (credits less debits) in Uruguay was 3.30 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Uruguay?
- The highest recorded value was 4.73 billion in 2021.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Uruguay?
- The lowest recorded value was -1.71 billion in 2008.
- How does Uruguay rank for goods balance (credit less debit), net (credits less debits)?
- Uruguay ranks 49th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Uruguay?
- Over the last ten years it is up 76.5%. 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 Goods 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.