Americas · World Bank data · updated Sep 28, 2026

Uruguay economy forecast

For 2026 the model expects inflation of 5.0%, GDP growth of 2.4% and unemployment of 7.7% in Uruguay.

Inflation

CPI, annual %

5.0%

2026 forecast

Latest · 2025: 4.7%▲ +0.4 pp

GDP growth

Annual %

2.4%

2026 forecast

Latest · 2025: 1.8%▲ +0.6 pp

Unemployment

% of labor force, ILO modeled

7.7%

2026 forecast

Latest · 2025: 7.5%▲ +0.2 pp

GDP per capita

Current US$

$25,213

2026 forecast

Latest · 2025: $25,216■ 0.0%

Population

Population, total

3.38M

2026 forecast

Latest · 2025: 3.38M▼ −0.1%

Uruguay at a glance, 2026–2028

IndicatorLatest202620272028
Inflation4.7% 20255.0%5.4%6.1%
GDP growth1.8% 20252.4%3.1%3.3%
Unemployment7.5% 20257.7%7.9%7.9%
GDP per capita$25,216 2025$25,213$25,025$24,640
Population3.38M 20253.38M3.39M3.39M

Medians; each indicator's page shows its 80% range and backtest.

Other countries in Americas

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Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.