Taxes on goods and services in Uruguay
Uruguay: Taxes on goods and services was 288.90 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Uruguay is 288.90 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
That represents a change of up 6.4% on the previous year and up 110.3% over ten years.
Over the whole period, taxes on goods and services in Uruguay peaked at 288.90 billion current LCU in 2024 and was at its lowest, 70,000 current LCU, in 1972.
Uruguay ranks 58th of 157 countries on this measure, 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 | 1.55 million current LCU | 70,000 current LCU | 5.03 million current LCU | 8 |
| 1980s | 117.21 million current LCU | 8.89 million current LCU | 502.79 million current LCU | 10 |
| 1990s | 12.76 billion current LCU | 943.00 million current LCU | 28.32 billion current LCU | 10 |
| 2000s | 54.23 billion current LCU | 23.95 billion current LCU | 84.67 billion current LCU | 10 |
| 2010s | 141.05 billion current LCU | 96.44 billion current LCU | 189.17 billion current LCU | 10 |
| 2020s | 252.96 billion current LCU | 203.18 billion current LCU | 288.90 billion current LCU | 5 |
Countries ranked near Uruguay
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 taxes on goods and services in Uruguay?
- Taxes on goods and services in Uruguay was 288.90 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Uruguay?
- The highest recorded value was 288.90 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Uruguay?
- The lowest recorded value was 70,000 current LCU in 1972.
- How does Uruguay rank for taxes on goods and services?
- Uruguay ranks 58th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Uruguay?
- Over the last ten years it is up 110.3%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.