What was Uruguay's Exports of goods and services (% of GDP) in 2024?

In 2024, Uruguay's Exports of goods and services (% of GDP) was 28.76, according to World Bank Open Data.

Is Uruguay's Exports of goods and services (% of GDP) rising or falling?

Uruguay's Exports of goods and services (% of GDP) rose 2.2% from 2023 to 2024.

How does Uruguay rank globally on Exports of goods and services (% of GDP)?

In 2024, Uruguay ranked #106 out of 160 countries reporting Exports of goods and services (% of GDP).

How does Uruguay's Exports of goods and services (% of GDP) compare to the world average?

The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Uruguay is below the world average. Within Latin America & Caribbean, it ranks #15 of 24.

Uruguay: Exports of goods and services (% of GDP)

Name: Uruguay: Exports of goods and services (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2024, Uruguay's Exports of goods and services (% of GDP) was 28.76.

That's up 2.2% from 2023, the highest value since 2022.

The global average for this indicator in 2024 was 44.26 . Uruguay ranks #106 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #15 of 24.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: 33.33; 2022
Trough: 22.48; 2015
1-year change: +2.2%
5-year change: +3.1%; +0.6% / yr
10-year change: +22.2%; +2.0% / yr

Historical Data — Last 10 Years

Year	Exports of goods and services (% of GDP)
2024	28.7608
2023	28.1403
2022	33.3316
2021	32.9446
2020	26.1883
2019	27.9054
2018	26.4215
2017	25.9312
2016	26.9317
2015	22.4779

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZS • Category: Economy

Frequently asked questions

What was Uruguay's Exports of goods and services (% of GDP) in 2024?: In 2024, Uruguay's Exports of goods and services (% of GDP) was 28.76, according to World Bank Open Data.
Is Uruguay's Exports of goods and services (% of GDP) rising or falling?: Uruguay's Exports of goods and services (% of GDP) rose 2.2% from 2023 to 2024.
How does Uruguay rank globally on Exports of goods and services (% of GDP)?: In 2024, Uruguay ranked #106 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Uruguay's Exports of goods and services (% of GDP) compare to the world average?: The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Uruguay is below the world average. Within Latin America & Caribbean, it ranks #15 of 24.
What is Exports of goods and services (% of GDP) and how is it measured?: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.