Uruguay Current Account to GDP  1980-2016 | Data | Chart | Calendar

Uruguay recorded a Current Account deficit of 3.60 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Uruguay averaged -1.84 percent from 1980 until 2015, reaching an all time high of 2.80 percent in 2002 and a record low of -6.34 percent in 1980.

Uruguay Current Account to GDP
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Uruguay Trade Last Previous Highest Lowest Unit
Balance of Trade -45370.00 -26363.00 226098.00 -423671.00 USD Thousand [+]
Exports 576732.00 626038.00 1092791.00 45706.00 USD Thousand [+]
Imports 622102.00 652401.00 1064782.00 119055.00 USD Thousand [+]
Current Account -159.20 107.10 200.51 -1134.56 USD Million [+]
Current Account to GDP -3.60 -4.60 2.80 -6.34 percent [+]
External Debt 27057.23 27502.00 28678.00 7725.65 USD Million [+]
Capital Flows -566.80 -1711.00 2844.90 -1711.00 USD Million [+]
Remittances 122.03 133.00 133.00 42.00 USD Million [+]
Tourism Revenues 249776.74 794716.65 1092185.77 40721.01 USD Thousand [+]
Gold Reserves 0.11 0.11 56.73 0.11 Tonnes [+]
Terrorism Index 0.00 0.00 1.19 0.00 [+]
Foreign Direct Investment 253.48 436.96 792.52 187.45 USD Million [+]



Uruguay Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides the latest reported value for - Uruguay Current Account to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uruguay Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -4.60 2.80 -6.34 1980 - 2015 percent Yearly



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