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Uruguay Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

55.71% +3.24% (+6.2%)
Year 2025 Rank #137 Global Peak 65.21% (2008) Source World Bank

Uruguay Trade Openness (1960–2025)

Overview

Uruguay's trade openness stood at 55.71% in 2025, a rise of +3.24% from 2024. Based on recent trends, this figure is projected to reach 55.71% by 2025. Uruguay ranked 137th globally.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 56.52% - -
2026* trend 56.12% - -
2025* trend 55.71% - -
2025 55.71% +3.24% #137
2024 52.46% −0.45% #43
2023 52.91% −8.12% #41
2022 61.03% +2.72% #47
2021 58.32% +10.58% #53
2020 47.73% −2.01% #46
2019 49.74% +1.95% #38
2018 47.79% +1.41% #28
2017 46.38% −2.09% #33
2016 48.47% +3.14% #37
2015 45.33% −3.76% #28
2014 49.09% −0.63% #30
2013 49.72% −5.34% #30
2012 55.06% +1.81% #38
2011 53.25% +1.55% #32
Show all years (1960-2025)
* Linear trend extrapolation

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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uruguay's trade openness?

Uruguay's trade openness was 55.71% in 2025. Ranked 137th globally. This represents a 6.2% increase from the previous year.

What was the highest trade openness in Uruguay?

Uruguay's trade openness peaked at 65.21% in 2008.

What was the lowest trade openness in Uruguay?

The lowest trade openness in Uruguay was 19.92% in 1973.

How does Uruguay rank in trade openness?

Uruguay ranks 137th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Uruguay in 2025?

Uruguay's trade openness is projected to reach 55.71% by 2025 based on trend extrapolation.

What is the trade openness of Uruguay in 2025?

The trade openness of Uruguay in 2025 was 55.71%. This ranks 137th in the world.

Cite this page

APA
Uruguay Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/uruguay/trade-openness
BibTeX
@misc{historysaid_uruguay_trade-openness, title = {Uruguay Trade Openness}, url = {https://historysaid.com/uruguay/trade-openness}, publisher = {HistorySaid}, year = {2026} }