Uruguay Labour Productivity Growth

1992 - 2024 | Yearly | % | CEIC Data

Key information about Uruguay Labour Productivity Growth

  • Uruguay Labour Productivity improved by 2.78 % YoY in Dec 2024, compared with a drop of 0.30 % in the previous year
  • Uruguay Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2024, averaging at 4.70 %
  • The data reached an all-time high of 7.22 % in Dec 2010 and a record low of -3.79 % in Dec 2002

CEIC calculates annual Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2021 constant international dollars using PPP rates

View Uruguay's Labour Productivity Growth from 1992 to 2024 in the chart:

Uruguay Labour Productivity Growth

What was Uruguay's Labour Productivity Growth in 2024?

Uruguay Labour Productivity improved by 2.78 % YoY in Dec 2024, compared with a drop of 0.30 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.78 2024 -0.30 2023 -3.79 2002 7.22 2010 % yearly 1992 - 2024

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.32 Sep 2025 quarterly Jun 1997 - Sep 2025
Algeria (%) 2.67 2024 yearly 1992 - 2024
Argentina (%) 2.32 2024 yearly 1992 - 2024
Armenia (%) 6.33 Sep 2025 quarterly Mar 2009 - Sep 2025
Australia (%) 0.64 Sep 2025 quarterly Jun 1979 - Sep 2025
Austria (%) 0.85 Sep 2025 quarterly Mar 2005 - Sep 2025
Azerbaijan (%) -0.23 Sep 2025 quarterly Mar 2009 - Sep 2025
Bahrain (%) -3.79 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 6.19 2024 yearly 1992 - 2024
Belarus (%) -0.49 Sep 2025 quarterly Mar 2006 - Sep 2025
Belgium (%) -0.08 Sep 2025 quarterly Mar 2000 - Sep 2025
Bolivia (%) -2.79 2024 yearly 2000 - 2024
Bosnia and Herzegovina (%) -0.03 2024 yearly 2007 - 2024
Botswana (%) 7.44 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 0.57 2024 yearly 1992 - 2024
Brunei (%) 1.26 2024 yearly 1992 - 2024
Bulgaria (%) 0.72 Sep 2025 quarterly Mar 2001 - Sep 2025
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) 1.27 Sep 2025 quarterly Mar 1977 - Sep 2025
Chile (%) 0.40 Sep 2025 quarterly Mar 1987 - Sep 2025
China (%) 5.84 2024 yearly 1953 - 2024
Colombia (%) 0.86 Sep 2025 quarterly Mar 2002 - Sep 2025
Croatia (%) 3.26 Jun 2025 quarterly Mar 2008 - Jun 2025
Cyprus (%) 0.51 Sep 2025 quarterly Jun 2005 - Sep 2025
Czech Republic (%) 1.53 Sep 2025 quarterly Mar 1997 - Sep 2025
Denmark (%) 2.73 Sep 2025 quarterly Mar 1991 - Sep 2025
Ecuador (%) -2.72 2024 yearly 1992 - 2024
Egypt (%) -2.61 Sep 2025 quarterly Mar 2004 - Sep 2025
Estonia (%) -0.18 Sep 2025 quarterly Mar 1996 - Sep 2025
European Union (%) 0.88 Sep 2025 quarterly Mar 2006 - Sep 2025
Finland (%) 0.76 Sep 2025 quarterly Mar 1991 - Sep 2025
France (%) 0.44 2024 yearly 1979 - 2024
Georgia (%) 4.37 2024 yearly 1997 - 2024
Germany (%) 0.35 Sep 2025 quarterly Mar 1992 - Sep 2025
Ghana (%) 3.06 2024 yearly 1992 - 2024
Greece (%) 0.83 Sep 2025 quarterly Mar 1996 - Sep 2025
Hong Kong SAR, China (%) 4.31 Sep 2025 quarterly Dec 1982 - Sep 2025
Hungary (%) 1.23 Sep 2025 quarterly Mar 1999 - Sep 2025
Iceland (%) -0.13 Jun 2025 quarterly Mar 2004 - Jun 2025
India (%) 3.39 2023 yearly 1992 - 2023
Indonesia (%) 1.55 2024 yearly 2001 - 2024
Iran (%) 2.38 2024 yearly 1992 - 2024
Ireland (%) 9.60 Sep 2025 quarterly Mar 1999 - Sep 2025
Israel (%) 2.13 Sep 2025 quarterly Mar 2013 - Sep 2025
Italy (%) -0.02 Sep 2025 quarterly Mar 1997 - Sep 2025
Ivory Coast (%) 2.80 2024 yearly 1992 - 2024
Japan (%) -0.00 Sep 2025 quarterly Mar 1969 - Sep 2025
Jordan (%) 2.69 2023 yearly 2001 - 2023
Kazakhstan (%) 6.30 Jun 2025 quarterly Mar 2002 - Jun 2025
Kenya (%) 1.38 2024 yearly 2011 - 2024
South Korea (%) 0.77 Dec 2025 quarterly Sep 1983 - Dec 2025
Kosovo (%) 10.87 Dec 2024 quarterly Mar 2017 - Dec 2024
Kuwait (%) -4.93 2024 yearly 1992 - 2024
Kyrgyzstan (%) 5.09 2024 yearly 1993 - 2024
Laos (%) 2.19 2024 yearly 1992 - 2024
Latvia (%) 1.09 Sep 2025 quarterly Mar 2003 - Sep 2025
Lebanon (%) -2.08 2023 yearly 1992 - 2023
Lithuania (%) 2.34 Sep 2025 quarterly Mar 1996 - Sep 2025
Luxembourg (%) 1.22 Sep 2025 quarterly Mar 1996 - Sep 2025
Macau SAR, China (%) 9.10 Sep 2025 quarterly Mar 2002 - Sep 2025
North Macedonia (%) 3.01 Sep 2025 quarterly Mar 2005 - Sep 2025
Malawi (%) -1.47 2024 yearly 1992 - 2024
Malaysia (%) 1.99 Sep 2025 quarterly Mar 2001 - Sep 2025
Malta (%) -1.73 Sep 2025 quarterly Dec 2001 - Sep 2025
Mauritius (%) 4.82 Jun 2025 quarterly Mar 2005 - Jun 2025
Mexico (%) -0.13 Sep 2025 quarterly Jun 1996 - Sep 2025
Moldova (%) 7.83 Sep 2025 quarterly Mar 2001 - Sep 2025
Mongolia (%) 3.94 Sep 2025 quarterly Sep 2007 - Sep 2025
Montenegro (%) 3.97 Sep 2025 quarterly Mar 2009 - Sep 2025
Morocco (%) 3.00 2024 yearly 2000 - 2024
Mozambique (%) -1.24 2024 yearly 1992 - 2024
Myanmar (%) -43.15 2022 yearly 1992 - 2022
Nepal (%) 3.65 2024 yearly 1992 - 2024
Netherlands (%) 1.44 Sep 2025 quarterly Mar 1996 - Sep 2025
New Zealand (%) 2.48 Sep 2025 quarterly Jun 1988 - Sep 2025
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 1.45 Sep 2025 quarterly Mar 1996 - Sep 2025
Oman (%) 2.12 2024 yearly 1999 - 2024
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) -0.65 Jun 2025 quarterly Dec 2009 - Jun 2025
Panama (%) 1.22 2024 yearly 1992 - 2024
Paraguay (%) 2.07 Jun 2025 quarterly Mar 2018 - Jun 2025
Peru (%) 0.56 2023 yearly 2002 - 2023
Philippines (%) 4.32 2024 yearly 1992 - 2024
Poland (%) 3.15 Sep 2025 quarterly Dec 1999 - Sep 2025
Portugal (%) -0.52 Sep 2025 quarterly Mar 1996 - Sep 2025
Qatar (%) -2.08 2024 yearly 2012 - 2024
Romania (%) 3.87 Sep 2025 quarterly Mar 1996 - Sep 2025
Russia (%) 0.13 Sep 2025 quarterly Mar 1996 - Sep 2025
Saudi Arabia (%) -7.72 2024 yearly 1971 - 2024
Serbia (%) 3.71 Sep 2025 quarterly Mar 2015 - Sep 2025
Singapore (%) 2.70 Sep 2025 quarterly Mar 1986 - Sep 2025
Slovakia (%) 1.33 Sep 2025 quarterly Mar 1996 - Sep 2025
Slovenia (%) 2.16 Sep 2025 quarterly Mar 1996 - Sep 2025
South Africa (%) 1.40 Sep 2025 quarterly Mar 2009 - Sep 2025
Spain (%) 0.06 Sep 2025 quarterly Mar 1996 - Sep 2025
Sri Lanka (%) 2.06 Sep 2025 quarterly Jun 2013 - Sep 2025
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 2.35 Sep 2025 quarterly Mar 1994 - Sep 2025
Switzerland (%) 0.19 Sep 2025 quarterly Mar 2011 - Sep 2025

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Uruguay Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.1 Sep 2025 quarterly Dec 2005 - Sep 2025
Consolidated Fiscal Balance (USD mn) 71.883 Nov 2025 monthly Jan 1999 - Nov 2025
Tax Revenue (USD mn) 1,331.008 Dec 2025 monthly Jan 2008 - Dec 2025
Tax Revenue: % of GDP (%) 17.3 Sep 2025 quarterly Mar 2008 - Sep 2025
National Government Debt (USD mn) 48,109.8 Sep 2025 quarterly Mar 1999 - Sep 2025
Government Debt: % of GDP (%) 56.2 Sep 2025 quarterly Dec 2005 - Sep 2025
Forecast: Government Expenditure (UYU bn) 1,631.155 2030 yearly 1999 - 2030
Forecast: Government Net Debt (UYU bn) 3,453.082 2030 yearly 1999 - 2030
Forecast: Government Revenue (UYU bn) 1,523.095 2030 yearly 1999 - 2030
Gross Debt: Public Sector (USD mn) 61,812.007 Sep 2025 quarterly Mar 1999 - Sep 2025
Gross Debt: Public Sector: Non Residents (USD mn) 26,008.175 Sep 2025 quarterly Dec 1999 - Sep 2025
Gross Debt: Public Sector: Residents (USD mn) 35,803.832 Sep 2025 quarterly Dec 1999 - Sep 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.066 2028 yearly 2013 - 2028
Trade Balance (USD mn) -88.8 Nov 2025 monthly Jan 1957 - Nov 2025
Total Exports (USD mn) 994.5 Nov 2025 monthly Jul 1998 - Nov 2025
Total Exports Growth (%) 11.5 Nov 2025 monthly Jul 1999 - Nov 2025
Aluminum: Exports (USD th) 6,127.291 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 108,137.143 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 93,338.740 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,083.3 Nov 2025 monthly Jan 1998 - Nov 2025
Total Imports Growth (%) -6.9 Nov 2025 monthly Jan 1999 - Nov 2025
Imports: Medicament (USD th) 204,465.451 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 211,109.084 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 134.100 Nov 2025 monthly Apr 1971 - Nov 2025
Total Imports from USA (USD mn) 125.098 Nov 2025 monthly Jan 1980 - Nov 2025
Total Exports to China (USD mn) 131.000 Nov 2025 monthly Nov 1984 - Nov 2025
Total Imports from China (USD mn) 254.300 Nov 2025 monthly Jan 1985 - Nov 2025
Exports: FOB: ytd: America: LAIA: Brazil (USD mn) 1,597.600 Nov 2025 monthly Jul 1998 - Nov 2025
Exports: FOB: ytd: Rest of the World: Asia: Mainland China (USD mn) 1,661.800 Nov 2025 monthly Jul 1998 - Nov 2025
Exports: FOB: ytd: America: USA (USD mn) 1,138.000 Nov 2025 monthly Jul 1998 - Nov 2025
Exports: FOB: ytd: Europe: EU15: Germany (USD mn) 91.200 Nov 2025 monthly Jul 1998 - Nov 2025
Exports: FOB: ytd: America: LAIA: Argentine (USD mn) 483.800 Nov 2025 monthly Jul 1998 - Nov 2025
Exports: FOB: CIIU 3: Production, Processing & Preserving of Meat & Meat Product... (USD th) 387,292.000 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: CIIU 3: Tanning & Dressing of Leather, Manufacture of Luggage, Han... (USD th) 7,522.000 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: CIIU 3: Rice & Rice Products Manufacturing (USD th) 38,561.000 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: CIIU 3: Dairy Products Manufacturing (USD th) 123,079.000 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: CIIU 3: General Crops; Horticulture, Agricultural Services Applied... (USD th) 62,652.000 Nov 2025 monthly Jan 2000 - Nov 2025
Imports: CIF: BEC: Consumer Gds: Food & Beverages (USD th) 118,945.000 Nov 2025 monthly Jan 2000 - Nov 2025
Imports: CIF: BEC: Capital Gds: Transport Equipment (TE) (USD th) 42,276.000 Nov 2025 monthly Jan 2000 - Nov 2025
Imports: CIF: BEC: Intermediate Gds: Petroleum & Refined Petroleum Products (USD th) 82,465.000 Nov 2025 monthly Jan 2000 - Nov 2025
Imports: CIF: BEC: Capital Gds: Machinery & Equipment (ME) (USD th) 123,111.000 Nov 2025 monthly Jan 2000 - Nov 2025
Imports: CIF: BEC: Consumer Gds: Automobiles & Other Transport (USD th) 73,525.000 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB (USD th) 994,538.000 Nov 2025 monthly Jul 1998 - Nov 2025
Imports: CIF (USD th) 1,083,320.000 Nov 2025 monthly Jan 1998 - Nov 2025
Imports: CIF: America: LAIA: Brazil (USD th) 116,666.100 Feb 2019 monthly Jan 2000 - Feb 2019
Imports: CIF: America: LAIA: Mexico (USD th) 19,659.900 Feb 2019 monthly Jan 2000 - Feb 2019
Fuel Oil Price: Heavy (UYU/l) 21.45 Jul 2018 monthly Jul 1999 - Jul 2018
Export Value Index (2015=100) 124.087 2021 yearly 1980 - 2021
Import Value Index (2015=100) 108.757 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -40.5 Sep 2025 quarterly Mar 2000 - Sep 2025
Current Account Balance (USD mn) -88.6 Jun 2025 quarterly Mar 1999 - Jun 2025
Current Account Balance: % of GDP (%) 0.7 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Direct Investment (USD mn) 476.8 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Direct Investment: % of GDP (%) 2.3 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment (USD mn) 151.843 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 0.5 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 1.1 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 150.750 Sep 2025 quarterly Mar 2000 - Sep 2025
External Debt (USD mn) 47,785.6 Sep 2025 quarterly Dec 1999 - Sep 2025
External Debt: % of GDP (%) 55.8 2024 yearly 1999 - 2024
External Debt: Short Term (USD mn) 9,826.9 Sep 2025 quarterly Dec 1999 - Sep 2025
External Debt: Short Term: % of GDP (%) 10.4 2024 yearly 1999 - 2024
Forecast: Current Account Balance (USD bn) -2.118 2030 yearly 2012 - 2030
Net International Investment Position (USD mn) -17,799.486 Sep 2025 quarterly Dec 2011 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Nov 2025 monthly Dec 2002 - Nov 2025
Household Debt: % of GDP (%) 11.7 Sep 2025 quarterly Dec 2005 - Sep 2025
Non-Performing Loans (USD mn) 501.811 Nov 2025 monthly Dec 2002 - Nov 2025
Money Supply M1 (USD mn) 6,267.727 Nov 2025 monthly Dec 1972 - Nov 2025
Money Supply M2 (USD mn) 16,104.916 Nov 2025 monthly Dec 1972 - Nov 2025
M2 Growth (%) 6.7 Nov 2025 monthly Dec 1973 - Nov 2025
Foreign Exchange Reserves (USD mn) 18,729.4 Oct 2025 monthly Aug 2003 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 21.279 Sep 2025 quarterly Dec 2005 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 14.4 Oct 2025 monthly Aug 2003 - Oct 2025
Gold Reserves (USD mn) 12.817 Oct 2025 monthly Dec 1975 - Oct 2025
Total Deposits (USD mn) 48,174.841 Dec 2025 monthly Dec 1998 - Dec 2025
Total Deposits Growth (%) 0.2 Dec 2025 monthly Dec 1999 - Dec 2025
Domestic Credit (USD mn) 32,994.8 Aug 2025 monthly Dec 2001 - Aug 2025
Domestic Credit Growth (%) 6.9 Nov 2025 monthly Dec 2002 - Nov 2025
Household Debt (USD mn) 6,856.5 May 2022 monthly Jun 2005 - May 2022
Total Loans (USD mn) 29,442.420 Nov 2025 monthly Dec 2002 - Nov 2025
Total Loans Growth (%) 6.00 Nov 2025 monthly Dec 2003 - Nov 2025
Private Debt: % of Nominal GDP (%) 29.00 Sep 2025 quarterly Dec 2005 - Sep 2025
International Reserve: Official Reserve Assets (USD mn) 19,786.885 Oct 2025 monthly Aug 2003 - Oct 2025
Money Supply: M3 (UYU mn) 924,947.355 Dec 2018 monthly Dec 1998 - Dec 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -6.8 Oct 2025 monthly Oct 1999 - Oct 2025
BCU Forecast: Consumer Price Index: Average: Next 24 Months (%) 7.306 Apr 2019 monthly Jul 2013 - Apr 2019

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