In 2023, the public debt that Uruguay's central government owed to foreign creditors equaled 28 percent of the country's gross domestic product (GDP). The volume of external debt in relation to GDP increased more than three-fold from 2000 to 2003, reaching its peak at 68 percent before steadily decreasing until 2008. Ever since, the share of external debt in Uruguay has remained below 35 percent, except for 2020.
External debt as percentage of gross domestic product in Uruguay from 2000 to 2023
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Economic Commission for Latin America and the Caribbean. (June 20, 2024). External debt as percentage of gross domestic product in Uruguay from 2000 to 2023 [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1056991/uruguay-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean. "External debt as percentage of gross domestic product in Uruguay from 2000 to 2023." Chart. June 20, 2024. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1056991/uruguay-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean. (2024). External debt as percentage of gross domestic product in Uruguay from 2000 to 2023. Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1056991/uruguay-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean. "External Debt as Percentage of Gross Domestic Product in Uruguay from 2000 to 2023." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/1056991/uruguay-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean, External debt as percentage of gross domestic product in Uruguay from 2000 to 2023 Statista, https://www.statista.com/statistics/1056991/uruguay-government-external-debt-share-gdp/ (last visited January 05, 2025)
External debt as percentage of gross domestic product in Uruguay from 2000 to 2023 [Graph], Economic Commission for Latin America and the Caribbean, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/1056991/uruguay-government-external-debt-share-gdp/