Uruguay: Economic decline index
* indicates monthly or quarterly data series
Uruguay |
Economic decline index, 0 (low) - 10 (high) |
---|---|
Latest value | 3.80 |
Year | 2024 |
Measure | index points |
Data availability | 2007 - 2024 |
Average | 3.76 |
Min - Max | 3.20 - 4.40 |
Source | Fund for Peace |
The latest value from 2024 is 3.8 index points, a decline from 4.1 index points in 2023. In comparison, the world average is 5.54 index points, based on data from 176 countries. Historically, the average for Uruguay from 2007 to 2024 is 3.76 index points. The minimum value, 3.2 index points, was reached in 2015 while the maximum of 4.4 index points was recorded in 2021.
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Definition: The Economic decline indicator considers factors related to economic decline within a country. For example, the indicator looks at patterns of progressive economic decline of the society as a whole as measured by per capita income, Gross National Product, unemployment rates, inflation, productivity, debt, poverty levels, or business failures. It also takes into account sudden drops in commodity prices, trade revenue, or foreign investment, and any collapse or devaluation of the national currency. The higher the value of the indicator, the greater the economic decline in the country.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Fragile state index | 33.70 | 2024 | index points |
Security threats index | 3.40 | 2024 | index points |
Factionalized elites index | 2.70 | 2024 | index points |
Group grievance index | 2.00 | 2024 | index points |
Economic decline index | 3.80 | 2024 | index points |
Uneven economic development | 3.60 | 2024 | index points |
Human flight and brain drain | 3.10 | 2024 | index points |
State legitimacy index | 0.40 | 2024 | index points |
Public services index | 3.30 | 2024 | index points |
Human rights and rule of law index | 3.90 | 2024 | index points |
Demographic pressures index | 3.10 | 2024 | index points |
Refugees and displaced persons index | 2.10 | 2024 | index points |
External interventions index | 2.30 | 2024 | index points |