The budget balance in relation to the GDP in Uruguay was forecast to continuously increase between 2024 and 2029 by in total 0.9 percentage points. According to this forecast, in 2029, the budget balance will have increased for the sixth consecutive year to -2.09 percent. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Argentina, Paraguay, and Chile.
Budget balance in relation to the GDP in Uruguay from 2007 to 2029
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IMF. (October 22, 2024). Budget balance in relation to the GDP in Uruguay from 2007 to 2029 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1392607/budget-balance-in-relation-to-the-gdp-uruguay/
IMF. "Budget balance in relation to the GDP in Uruguay from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1392607/budget-balance-in-relation-to-the-gdp-uruguay/
IMF. (2024). Budget balance in relation to the GDP in Uruguay from 2007 to 2029. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1392607/budget-balance-in-relation-to-the-gdp-uruguay/
IMF. "Budget Balance in Relation to The Gdp in Uruguay from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392607/budget-balance-in-relation-to-the-gdp-uruguay/
IMF, Budget balance in relation to the GDP in Uruguay from 2007 to 2029 Statista, https://www.statista.com/statistics/1392607/budget-balance-in-relation-to-the-gdp-uruguay/ (last visited November 04, 2024)
Budget balance in relation to the GDP in Uruguay from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392607/budget-balance-in-relation-to-the-gdp-uruguay/