Uruguay | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.00 0.2 0.3 0.4 0.5 0.1 percent [+]
Unemployment Rate 7.10 8.2 7.9 7.5 8.3 8.7 percent [+]
Inflation Rate 8.10 9.5 9.7 9.8 10 7.9 percent [+]
Interest Rate 9.25 9.25 9.25 9.25 9.25 8.25 percent [+]
Balance of Trade -45370.00 -69154 -68945 -68369 -68350 -68356 USD Thousand [+]
Government Debt to GDP 47.80 49.35 49.35 49.36 49.37 49.38 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 28.74 28.29 28.57 28.85 29.13 33.61 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.00 0.2 0.3 0.4 0.5 0.1 percent [+]
GDP Annual Growth Rate 1.40 1 1.1 1.3 1.4 1 percent [+]
GDP 53.44 52 55 55 55 66 USD Billion [+]
GDP Constant Prices 165806399.00 180623345 172261416 173623928 178458706 206824682 UYU Thousand [+]
Gross Fixed Capital Formation 43050457.88 38208435 35177402 41346740 37708080 43788982 UYU Thousand [+]
GDP per capita 13943.90 14117 14195 14195 14195 15202 USD [+]
GDP per capita PPP 19952.25 20216 20284 20351 20419 21554 USD [+]
GDP From Agriculture 8624543.00 9721191 6893955 6841806 6593175 4918360 UYU Thousand [+]
GDP From Construction 8280876.00 8691519 7468478 8162487 7747768 8302985 UYU Thousand [+]
GDP From Manufacturing 22229640.00 22858864 21631461 22068769 22046535 22162910 UYU Thousand [+]
GDP From Services 21671430.00 23444643 21670544 21401525 21977392 22354717 UYU Thousand [+]
GDP From Transport 29945054.00 30256751 29779752 30568984 30986684 38121665 UYU Thousand [+]
GDP From Utilities 4386750.00 3645524 3673852 3760292 3797901 3749094 UYU Thousand [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 7.10 8.2 7.9 7.5 8.3 8.7 percent [+]
Employment Rate 58.56 58.3 58.28 58.28 58.28 58.28 percent [+]
Wages 16609.78 18184 18561 18938 19315 28617 UYU/Month [+]
Wages in Manufacturing 251.49 252 256 258 259 353 Index Points [+]
Population 3.47 3.49 3.49 3.49 3.5 3.55 million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 8.10 9.5 9.7 9.8 10 7.9 percent [+]
Consumer Price Index CPI 163.12 164 167 169 171 200 Index Points [+]
Inflation Rate Mom 0.10 0.46 0.48 0.49 0.49 0.49 percent [+]
Food Inflation 7.70 7.2 6.56 6.37 6.32 6.29 percent [+]
GDP Deflator 230.94 241 246 249 254 309 Index Points [+]
Cpi Transportation 154.88 155 156 156 156 156 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 9.25 9.25 9.25 9.25 9.25 8.25 percent [+]
Interbank Rate 1.25 1.28 1.31 1.33 1.33 1.34 percent [+]
Money Supply M0 44948.00 51312 47100 48380 46331 51411 UYU Million [+]
Money Supply M1 118633.00 125247 119986 122207 119100 127969 UYU Million [+]
Money Supply M2 230036.00 232026 231156 231986 230935 213075 UYU Million [+]
Foreign Exchange Reserves 14480.00 14491 14475 14470 14470 14470 USD Million [+]
Loans to Private Sector 1165.45 1165 1165 1165 1165 1165 USD Thousand [+]
Deposit Interest Rate 5.60 2.61 3.19 3.77 4.35 3.4 percent [+]
Central Bank Balance Sheet 88537.00 86875 86944 86604 86629 86646 UYU Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -45370.00 -69154 -68945 -68369 -68350 -68356 USD Thousand [+]
Exports 576732.00 567766 636093 641497 620227 626103 USD Thousand [+]
Imports 622102.00 643545 636821 638172 638391 638300 USD Thousand [+]
Current Account -159.20 -381 -500 -486 -503 -475 USD Million [+]
Current Account to GDP -3.60 -2.71 -3.14 -3.57 -4 -3.01 percent [+]
External Debt 27057.23 26625 26573 26537 26499 26479 USD Million [+]
Capital Flows -566.80 -45.89 -989 -475 -682 -567 USD Million [+]
Remittances 122.03 114 113 112 111 90.85 USD Million [+]
Tourism Revenues 249776.74 528655 482781 382107 414241 431557 USD Thousand [+]
Gold Reserves 0.11 0.01 0 0 0 0 Tonnes [+]
Terrorism Index 0.00 0.1 0.11 0.12 0.13 0.16 [+]
Foreign Direct Investment 253.48 291 331 317 303 318 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 47.80 49.35 49.35 49.36 49.37 49.38 percent [+]
Government Budget -2.10 -1.52 -1.49 -1.46 -1.43 -1.62 percent of GDP [+]
Government Budget Value -5348.53 -5901 -5299 -5662 -5423 -5517 UYU Million [+]
Government Spending 17580364.02 18195454 18268903 17777418 17778338 18232952 UYU Thousand [+]
Government Revenues 27110.45 26103 25973 25962 25963 25964 UYU Million [+]
Fiscal Expenditure 43186.22 43541 44191 45138 46178 59163 UYU Million [+]
Military Expenditure 1043.90 973 1004 1035 1018 994 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 5.80 4.1 -1.28 4.99 -1.26 1.68 percent [+]
Changes in Inventories 130106.00 751153 704289 657425 610561 608355 UYU THO [+]
Steel Production 5.00 6.52 6.71 6.73 6.73 6.73 Thousand Tonnes [+]
Competitiveness Index 4.17 4.12 4.12 4.12 4.12 4.23 Points [+]
Competitiveness Rank 73.00 67.92 67.92 67.92 67.92 71.83 [+]
Corruption Index 74.00 73.82 73.72 73.62 73.52 72.15 Points [+]
Corruption Rank 21.00 22.54 22.76 22.98 23.21 26.05 [+]
Ease of Doing Business 90.00 88.41 88.65 88.78 88.9 87.98 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales YoY 18.02 16.05 16.05 16.05 16.05 16.05 percent [+]
Consumer Spending 123312126.27 123272251 123271388 123271251 123271229 123271225 UYU Thousand [+]
Gasoline Prices 1.47 1.46 1.46 1.47 1.47 1.47 USD/Liter [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Housing Index 273.05 261 261 261 261 261 Index Points [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 22.00 22 22 22 22 22 percent [+]
Social Security Rate 35.75 35.75 35.75 35.75 35.75 35.75 percent [+]
Social Security Rate For Companies 12.63 12.63 12.63 12.63 12.63 12.63 percent [+]
Social Security Rate For Employees 23.13 23.13 23.13 23.13 23.13 23.13 percent [+]





Economic Forecasts for Uruguay including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Uruguay economy. 12/10/2016