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Uruguay Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-3.29% −0.08% (-2.3%)
Year 2025 Rank #108 Global Peak -0.16% (2007) Source IMF WEO

Uruguay Budget Deficit (1999–2025)

Overview

Uruguay's budget deficit stood at -3.29% in 2025, a decline of +0.08% from 2024. The IMF projects -3.29% by 2025. Uruguay ranked 108th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -2.15% - -
2029* IMF -2.16% - -
2028* IMF -2.73% - -
2027* IMF -3.24% - -
2026* IMF -3.84% - -
2025* IMF -3.29% - -
2025 -3.29% −0.08% #108
2024 -3.22% −0.08% #83
2023 -3.14% −0.61% #89
2022 -2.52% +0.09% #102
2021 -2.61% +2.02% #125
2020 -4.64% −1.92% #121
2019 -2.71% −0.83% #74
2018 -1.89% +0.62% #91
2017 -2.51% +0.17% #89
2016 -2.68% −0.82% #88
2015 -1.86% +0.74% #124
2014 -2.60% −0.88% #104
2013 -1.72% +0.45% #109
2012 -2.17% −1.84% #103
2011 -0.33% +0.05% #141
Show all years (1999-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.8% GDP growth -7.4% Unemployment 10.4%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Uruguay matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uruguay's budget deficit?

Uruguay's budget deficit was -3.29% in 2025. Ranked 108th globally. This represents a 2.3% decrease from the previous year.

What was the highest budget deficit in Uruguay?

Uruguay's budget deficit peaked at -0.16% in 2007.

What was the lowest budget deficit in Uruguay?

The lowest budget deficit in Uruguay was -4.64% in 2020.

How does Uruguay rank in budget deficit?

Uruguay ranks 108th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Uruguay in 2025?

Uruguay's budget deficit is projected to reach -3.29% by 2025 based on IMF projection.

What is the budget deficit of Uruguay in 2025?

The budget deficit of Uruguay in 2025 was -3.29%. This ranks 108th in the world.

Cite this page

APA
Uruguay Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/uruguay/budget-deficit
BibTeX
@misc{historysaid_uruguay_budget-deficit, title = {Uruguay Budget Deficit}, url = {https://historysaid.com/uruguay/budget-deficit}, publisher = {HistorySaid}, year = {2026} }