Uruguay GDP Annual Growth Rate  1998-2017 | Data | Chart | Calendar

Uruguay's economy grew 3.4 percent in the fourth quarter of 2016, accelerating from a downwardly revised 1.1 percent expansion in the third quarter of 2016. It is the highest growth since first quarter of 2015, mainly driven by transportation, storage and communication (8.3 percent from 6.8 percent in Q3), trade, repairs, restaurants and hotels (4.2 percent from -1.5 percent in Q3), manufacturing (2.3 percent from 1.7 percent in Q3) and agriculture (4.5 percent from 1.8 percent in Q3). In addition, construction shrank less (-1.4 percent from -6.4 percent). In contrast, utilities contracted further (-11.9 percent from -1.3 percent in Q3). Considering 2016, the economy expanded 1.5 percent compared to 0.4 percent growth in 2015. GDP Annual Growth Rate in Uruguay averaged 2.69 percent from 1998 until 2016, reaching an all time high of 10.50 percent in the second quarter of 2010 and a record low of -9.30 percent in the third quarter of 2002.

Uruguay GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-15 08:20 PM Q2 1.4% 0.1% 0.2%
2016-12-15 09:30 PM Q3 2% 1.5% 0.8%
2017-03-24 02:50 PM Q4 3.4% 1.1% 2.73%
2017-06-15 08:05 PM Q1 3.4% 1.79%
2017-09-15 08:20 PM Q2 2.27%
2017-12-12 04:00 PM Q3 1.62%




Uruguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 1.10 9.60 -5.80 percent [+]
GDP Annual Growth Rate 3.40 1.10 10.50 -9.30 percent [+]
GDP 53.44 57.24 57.53 0.98 USD Billion [+]
GDP Constant Prices 180308664.00 171174029.00 180308664.00 100406742.00 UYU Thousand [+]
Gross Fixed Capital Formation 35068984.00 33454832.73 43050457.88 14555321.21 UYU Thousand [+]
GDP per capita 13943.90 13856.89 13943.90 5248.87 USD [+]
GDP per capita PPP 19952.25 19827.74 19952.25 9840.73 USD [+]
GDP From Agriculture 10085215.00 8812373.00 12951702.00 7388084.00 UYU Thousand [+]
GDP From Construction 8532040.00 7957466.00 9700059.00 5011317.00 UYU Thousand [+]
GDP From Manufacturing 24054923.00 23190024.00 24054923.00 13976690.00 UYU Thousand [+]
GDP From Services 24575819.00 22755116.00 26168819.00 12798187.00 UYU Thousand [+]
GDP From Transport 31934257.00 30366950.00 31934257.00 8559237.00 UYU Thousand [+]
GDP From Utilities 3876915.00 4721501.00 4813896.00 399750.00 UYU Thousand [+]



Uruguay GDP Annual Growth Rate Notes

The biggest sector of Uruguay´s economy is services. Financing, real estate, business, public and personal services, education and health; trade, repairs, restaurants and hotels and transport, communication and warehousing account for 55 percent of the GDP. Industry and mining create 26 percent of the wealth and construction and water, electricity and gas distribution 12 percent. Agriculture, hunting, forestry and fishing account for the remaining 7 percent of GDP. This page provides the latest reported value for - Uruguay GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uruguay GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 1.10 10.50 -9.30 1998 - 2016 percent Quarterly
NSA, 2005=100



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Italy 1.00 Dec/16
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Mongolia 1.00 Dec/16
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South Africa 0.70 Dec/16
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