Net incurrence of liabilities, total in Uruguay
Uruguay: Net incurrence of liabilities, total was 118.68 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Uruguay recorded 118.68 billion current LCU for net incurrence of liabilities, total in 2024.
Compared with earlier readings it is down 26.5% on the previous year and up 252.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Uruguay peaked at 161.46 billion current LCU in 2023 and was at its lowest, -13.11 billion current LCU, in 2001.
That places Uruguay 55th out of 136 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 375,250 current LCU | 7,000 current LCU | 923,000 current LCU | 8 |
| 1980s | 99.00 million current LCU | 1.30 million current LCU | 375.14 million current LCU | 10 |
| 1990s | 1.49 billion current LCU | -723.00 million current LCU | 7.91 billion current LCU | 6 |
| 2000s | 14.63 billion current LCU | -13.11 billion current LCU | 57.45 billion current LCU | 9 |
| 2010s | 32.83 billion current LCU | -9.58 billion current LCU | 74.07 billion current LCU | 10 |
| 2020s | 117.07 billion current LCU | 75.30 billion current LCU | 161.46 billion current LCU | 5 |
Countries ranked near Uruguay
- 52 Saudi Arabia 152.47 billion current LCU compare
- 53 Guinea-Bissau 126.91 billion current LCU compare
- 54 Congo 119.50 billion current LCU compare
- 56 Iceland 113.95 billion current LCU compare
- 57 Equatorial Guinea 99.50 billion current LCU compare
- 58 Gabon 98.63 billion current LCU compare
More public sector data for Uruguay
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.9% (2024)
- Taxes on income, profits and capital gains 18.8% (2024)
- Taxes on goods and services 24.7% (2024)
- Net investment in nonfinancial assets 1.2% (2024)
- Net lending (+) / net borrowing (-) -3.1% (2024)
- Interest payments 6.9% (2024)
- Grants and other revenue 19.5% (2024)
- Interest payments 6.4% (2023)
- Other taxes 4.1% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Uruguay?
- Net incurrence of liabilities, total in Uruguay was 118.68 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Uruguay?
- The highest recorded value was 161.46 billion current LCU in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Uruguay?
- The lowest recorded value was -13.11 billion current LCU in 2001.
- How does Uruguay rank for net incurrence of liabilities, total?
- Uruguay ranks 55th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Uruguay?
- Over the last ten years it is up 252.6%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.