GDP Growth Rate YoY Uruguay - GDP Economy contracts at sharpest rate in over 16 years in Q1 amid adverse external backdrop. Uruguay economic growth for 2015 was $53.27B, a 6.92% decline from 2014. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page.
Data Source: World Bank On a seasonally adjusted quarterly basis, the economy grew 0.6 percent.
GDP Growth Rate YoY Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. 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. Meanwhile, the construction sector contracted 4.7 percent, faster than a 3.5 percent decline in the prior quarter and utilities output growth slowed (3.5 percent vs 12.5 percent). Output growth slowed in transportation, storage and communications services (2.5 percent vs 3 percent in Q3); and other activities (0.6 percent vs 1.4 percent). On a quarterly basis, the GDP contracted 0.6 percent. Publications of the Department of Economic History, University of Göteborg, 61; Institute of Latin American Studies of Stockholm University, Monograph No. Data are in current U.S. dollars.
Meanwhile, growth accelerated in transportation, storage and communications services (4.4 percent vs 2.5 percent) while manufacturing output fell less (-0.1 percent vs -2.2 percent). The economy of Uruguay shrank 1.4 percent year-on-year in the first quarter of 2020, after expanding 0.2 percent in the previous period. TEForecast The best phase is expansion. Since 2003, the Uruguayan economy has had positive economic growth rates, averaging 4,1% from 2003 to 2018. Bértola, Luis and Reto Bertoni. On a quarterly basis, the economy advanced 0.3 percent, rebounding from a 0.1 percent contraction in the first quarter of 2019. Following financial difficulties in the late 1990s and early 2000s, Uruguay's economic growth averaged 8% annually during the 2004-08 period. GDP Growth Rate YoY It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. We have provided a few examples below that you can copy and paste to your site:Your data export is now complete. The Trading Economics Application Programming Interface (API) provides direct access to our data. Output growth slowed in transportation, storage and communications services (2.5 percent vs 3 percent in Q3); and other activities (0.6 percent vs 1.4 percent). Trade Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. Following financial difficulties in the late 1990s and early 2000s, Uruguay's economic growth averaged 8% annually during the period 2004-08. Output shrank in trade, restaurants & hotels (-2.9 percent vs 0.6 percent in Q4 2019); utilities (-18.3 percent vs 6.1 percent); and other activities (-2.3 percent vs 0.6 percent). GDP growth (annual %) - Uruguay. Download Historical Data Save as Image. Meanwhile, primary activities shrank 7.6 percent, less than an 8.3 percent contraction. GDP Growth Rate YoY
Also, agriculture, livestock, hunting and forestry activities shrank 8 percent, after expanding 1.2 percent in the second quarter of the year; while trade, repair, restaurant and hotels stalled, following a 2.6 percent contraction. The biggest sector of Uruguay´s economy is services.