Uruguay Government Budget
Uruguay recorded a Government Budget surplus equal to 0.32 percent of the country's Gross Domestic Product in 2013. Government Budget in Uruguay averaged 1.25 Percent of GDP from 1999 until 2013, reaching an all time high of 3.75 Percent of GDP in 2004 and a record low of -1.49 Percent of GDP in 1999. Government Budget in Uruguay is reported by the Inter-American Development Bank.
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Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Uruguay Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.