Uruguay: Government spending, percent of GDP
* indicates monthly or quarterly data series
Uruguay |
Government spending as percent of GDP |
---|---|
Latest value | 13.84 |
Year | 2015 |
Measure | percent |
Data availability | 1960 - 2015 |
Average | 12.87 |
Min - Max | 8.28 - 16.83 |
Source | The World Bank |
The latest value from 2015 is 13.84 percent, an increase from 13.7 percent in 2014. In comparison, the world average is 16.66 percent, based on data from 171 countries. Historically, the average for Uruguay from 1960 to 2015 is 12.87 percent. The minimum value, 8.28 percent, was reached in 1960 while the maximum of 16.83 percent was recorded in 1971.
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* indicates monthly or quarterly data series
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The government size of Uruguay and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 13.84 | 2015 | percent |
Government spending, in dollars | 7.98 | 2015 | billion U.S. dollars |
Fiscal balance, percent of GDP | -3.75 | 2023 | percent |
Government debt | 67.51 | 2023 | percent |
Government expenditure | 139.58 | Q2/2024 | billion |
Tax revenue | 18.51 | 2020 | percent |
Commercial tax rate | 41.80 | 2019 | percent |
Tax preparation time | 163 | 2019 | hours |
Number of taxes | 20 | 2019 | taxes |
Taxes on goods and services | 44.22 | 2020 | percent |
Taxes on international trade | 5.03 | 2020 | percent |
Income and profits taxes | 33.96 | 2020 | percent |
Foreign aid | 0.78 | 2021 | million U.S. dollars |