Prices & public finance · Latin America & Caribbean · High income
Uruguay: prices, money and public finance
Inflation is 4.7% (2025), 45th of 180 in the world and 7th of 31 in Latin America & Caribbean. GDP deflator is 4.3% (2025), 76th of 209 in the world and 18th of 40 in Latin America & Caribbean. Lending rate is 10.1% (2025), 58th of 136 in the world and 14th of 31 in Latin America & Caribbean.
Inflation
UruguayLatin America & CaribbeanHigh incomeWorld
GDP deflator
UruguayLatin America & CaribbeanHigh incomeWorld
13 indicators
Prices & public finance: Uruguay in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 4.7%2025 | 45/180 | 7/31 | 4.8% | 6.7% | 9.8% | −4.0 ppsince 2015 | 2.1% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 4.3%2025 | 76/209 | 18/40 | 3.5% | 5.7% | 10.7% | −5.5 ppsince 2015 | 3.4% | 2.6% | 3.3% | |
| Lending rateLending interest rate, % | 10.1%2025 | 58/136 | 14/31 | 47.5% | 10.3% | 11.2% | −5.8 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 5.5%2025 | 61/136 | 13/31 | 42.5% | 4.3% | 0.5% | ±0.0 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 41.192025 | 82/210 | 10/39 | 12.10 | 20.06 | 42.01 | +51%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 17.9%2024 | 63/142 | 5/20 | 14.7% | 18.1% | 18.6% | +0.6 ppsince 2014 | 14.7% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 30.6%2024 | 48/142 | 2/20 | 24.7% | 28.7% | 30.8% | +1.9 ppsince 2014 | 22.8% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 36.5%2023 | 28/142 | 1/20 | 26.6% | 28.3% | 34.7% | +7.2 ppsince 2013 | 27.6% | 30.1% | 28.5% | |
| Government debtCentral government debt, % of GDP | 65.3%2024 | 23/78 | 7/14 | 40.6%2001 | 42.5% | 60.4% | +24.0 ppsince 2014 | 69.1% | — | — | |
| Private creditDomestic credit to private sector, % of GDP | 30.8%2025 | 110/169 | 27/31 | 45.1% | 21.4% | 27.9% | +2.9 ppsince 2015 | 52.9% | 152.1% | 140.3% | |
| Broad moneyBroad money, % of GDP | 51.5%2025 | 88/146 | 23/31 | 43.2% | 40.5% | 59.1% | +2.0 ppsince 2015 | 72.6% | 138.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 8.62025 | 22/165 | 3/32 | 6.6 | 7.6 | 12.8 | −18%since 2015 | 6.6 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 2.28%2025 | 48/156 | 2/22 | 2.44% | 1.88% | 2.04% | +0.5 ppsince 2015 | 1.07% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Inflation−4.0 pp4.7% in 2025
Worse than ten years ago
- Government debt+24.0 pp65.3% in 2024
- Reserves, months of imports−18%8.6 in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Uruguay and its neighbours
Countries sharing a land border with Uruguay. Latest values since 2005; the highest in each row is marked.
| Indicator | Uruguay | Brazil | Argentina |
|---|---|---|---|
| Inflation | 4.7%2025 | 5.0%2025 | 219.9%2024 |
| GDP deflator | 4.3%2025 | 5.7%2025 | 39.1%2025 |
| Lending rate | 10.1%2025 | 45.3%2025 | 46.0%2025 |
| Real interest rate | 5.5%2025 | 37.5%2025 | 5.0%2025 |
| Exchange rate | 41.192025 | 5.592025 | 1,240.852025 |
| Tax revenue | 17.9%2024 | 15.4%2024 | 10.4%2024 |
| Government revenue | 30.6%2024 | 26.4%2024 | 16.9%2024 |
| Government expense | 36.5%2023 | 32.4%2023 | 21.0%2023 |
| Government debt | 65.3%2024 | 81.9%2024 | — |