Skip to content

Economy of Uganda vs Uruguay compared: GDP & Debt

Updated on by Georank

Uganda has a GDP of $62B compared to $85.3B for Uruguay, ranking 89/197 and 84/197 by economy size, respectively.

Uganda has $33.6B in government debt (54.2% of GDP), compared to $56B (65.7% of GDP) in Uruguay.

Uganda vs Uruguay GDP by year

Uganda
Uruguay
1x
Year GDP, current $
Uganda Uruguay
2025 $61,985,829,288 $85,347,696,278
2024 $53,911,907,079 $82,322,859,144
2023 $48,768,955,863 $79,208,725,900
2022 $45,565,333,211 $71,240,669,088
2021 $40,529,788,749 $60,739,061,281
2020 $37,600,368,242 $53,559,354,501
2019 $35,353,061,003 $62,222,324,965
2018 $32,927,025,620 $65,344,577,416
2017 $30,744,473,841 $65,006,039,810
2016 $29,203,988,696 $57,480,787,465
2015 $32,387,183,730 $57,680,327,999
2014 $32,612,397,257 $61,496,186,974
2013 $28,915,786,517 $61,337,621,934
2012 $27,305,915,911 $54,232,266,359
2011 $27,871,725,241 $50,342,406,067
2010 $26,673,441,431 $41,950,361,212
2009 $25,127,805,567 $32,708,319,078
2008 $14,440,404,132 $31,119,602,539
2007 $11,902,564,495 $23,797,773,024
2006 $9,977,647,683 $19,741,420,740
2005 $9,239,221,763 $17,362,857,684
2004 $7,939,487,548 $13,686,329,890
2003 $6,606,884,275 $12,045,638,352
2002 $6,178,563,591 $13,606,515,723
2001 $5,840,503,869 $20,898,761,742
2000 $6,193,246,837 $22,823,270,892
1999 $5,998,563,258 $23,983,945,191
1998 $6,584,815,847 $25,385,886,978
1997 $6,269,333,313 $23,969,739,234
1996 $6,044,585,327 $20,515,458,114
1995 $5,755,818,842 $19,297,663,097
1994 $3,990,430,447 $17,474,588,896
1993 $3,220,439,044 $15,002,136,971
1992 $2,857,457,762 $12,878,148,791
1991 $3,321,729,160 $11,206,176,651
1990 $4,304,399,310 $9,298,807,850
1989 $5,276,480,799 $8,438,951,476
1988 $6,508,931,652 $8,213,538,369
1987 $6,269,522,042 $7,367,494,080
1986 $3,923,244,050 $5,880,112,788
1985 $3,519,695,444 $4,732,017,873
1984 $3,615,647,477 $4,850,238,550
1983 $2,240,333,333 $5,102,276,308
1982 $2,177,500,000 $9,178,780,077
1981 $1,337,300,000 $11,048,301,421
1980 $1,244,610,000 $10,163,020,116
1979 $2,139,025,000 $7,181,182,224
1978 $2,420,260,870 $4,910,254,566
1977 $2,936,470,588 $4,114,670,014
1976 $2,447,300,000 $3,667,161,241
1975 $2,359,555,556 $3,538,278,047
1974 $2,098,944,967 $4,090,209,682
1973 $1,701,829,789 $3,964,296,443
1972 $1,490,970,181 $2,189,418,689
1971 $1,417,191,656 $2,807,258,065
1970 $1,259,554,809 $2,137,096,774
1969 $1,168,556,629 $2,004,435,484
1968 $1,037,379,252 $1,593,674,185
1967 $967,240,655 $1,597,713,469
1966 $925,381,492 $1,809,185,094
1965 $884,502,310 $1,890,767,156
1964 $589,247,687 $1,975,701,816
1963 $516,315,231 $1,539,681,491
1962 $449,158,233 $1,710,004,407
1961 $441,667,335 $1,547,388,781
1960 $423,145,605 $1,242,289,239

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/uganda/uruguay | CC BY

GDP per capita in Uganda vs Uruguay by year

Uganda
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Uganda Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,206 - $25,216 -
2024 $1,078 $3,273 $24,308 $36,418
2023 $1,002 $3,098 $23,379 $34,471
2022 $963 $2,919 $21,009 $33,001
2021 $883 $2,685 $17,882 $29,432
2020 $846 $2,532 $15,758 $25,725
2019 $822 $2,441 $18,316 $25,783
2018 $792 $2,312 $19,250 $24,386
2017 $765 $2,158 $19,185 $23,607
2016 $753 $2,165 $17,010 $22,841
2015 $863 $2,190 $17,126 $22,169
2014 $896 $2,134 $18,322 $21,868
2013 $818 $2,045 $18,335 $20,661
2012 $795 $2,032 $16,260 $19,495
2011 $836 $2,268 $15,132 $19,135
2010 $823 $2,092 $12,641 $17,873
2009 $799 $2,015 $9,881 $16,422
2008 $473 $1,931 $9,424 $15,694
2007 $401 $1,795 $7,222 $14,397
2006 $347 $1,660 $6,001 $13,179
2005 $330 $1,497 $5,284 $12,296
2004 $292.4 $1,405 $4,169 $11,103
2003 $250.7 $1,320 $3,671 $10,303
2002 $242 $1,255 $4,150 $10,030
2001 $236 $1,173 $6,383 $10,719
2000 $258.1 $1,124 $6,988 $10,929
1999 $257.9 $1,100 $7,371 $10,938
1998 $292.5 $1,037 $7,837 $11,002
1997 $286.8 $1,007 $7,436 $10,461
1996 $284.7 $969 $6,398 $9,524
1995 $278.5 $897 $6,050 $8,906
1994 $198.4 $809 $5,508 $8,897
1993 $165.6 $770 $4,753 $8,162
1992 $152.1 $719 $4,102 $7,808
1991 $183 $703 $3,589 $7,112
1990 $245 $666 $2,995 $6,683
1989 $310 - $2,734 -
1988 $395 - $2,677 -
1987 $393 - $2,416 -
1986 $253.6 - $1,939 -
1985 $234.3 - $1,568 -
1984 $247.5 - $1,615 -
1983 $157.5 - $1,707 -
1982 $157 - $3,085 -
1981 $98.6 - $3,728 -
1980 $93.8 - $3,443 -
1979 $164.5 - $2,443 -
1978 $190.7 - $1,678 -
1977 $237.6 - $1,414 -
1976 $203.3 - $1,268 -
1975 $201.2 - $1,232 -
1974 $183.7 - $1,433 -
1973 $152.7 - $1,397 -
1972 $137 - $776 -
1971 $133.5 - $1,000 -
1970 $122 - $766 -
1969 $116.7 - $723 -
1968 $106.9 - $579 -
1967 $102.8 - $585 -
1966 $101.4 - $668 -
1965 $100 - $705 -
1964 $68.6 - $745 -
1963 $62 - $587 -
1962 $55.5 - $659 -
1961 $56.2 - $604 -
1960 $55.4 - $491 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/uganda/uruguay | CC BY

Uganda's GDP per capita is $1,206, ranking 173/197, compared to $25,216 in Uruguay, ranking 54/197. Adjusted for purchasing power (GDP per capita PPP), Uganda ranks 176th at $3,273, while Uruguay ranks 61st at $36,418.

Economic indicators

Uganda Uruguay
Gross domestic product
$62B
2025
$85.3B
2025
GDP rank
89/197
2025
84/197
2025
GDP growth
6.33%
2024-2025
1.78%
2024-2025
GDP per capita
$1,206
2025
$25,216
2025
GDP per capita rank
173/197
2025
54/197
2025
GDP per capita, PPP
$3,273
2024
$36,418
2024
GDP per capita PPP rank
176/197
2024
61/197
2024
Government debt
$33.6B
2025
$56B
2025
Debt-to-GDP ratio
54.2%
2025
65.7%
2025
Government debt per person
$654
2025
$16,559
2025
Government debt per person rank
157/185
2025
41/185
2025
Average annual personal income after taxes
$1,595
2026
$14,046
2026
Market capitalization of domestic companies n/a
$284M
1996
Income share by richest 10%
34.5%
2019
30%
2024
Income share by poorest 10%
2.4%
2019
2.2%
2024
Government expenditure, % of GDP
22.2%
2025
31.5%
2025
Consumer prices inflation
3.6%
2024-2025
4.65%
2024-2025
Central bank interest rate
9.75%
2024
5.75%
2026
Unemployment rate
3.42%
2021
8.21%
2024
Population
53495325
3382672

Spending and national debt comparison by year

Uganda
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Uganda Uruguay
Government spending Government debt Government spending Government debt
2025 22.2% 54.2% 31.5% 65.7%
2024 18.4% 51.8% 30.6% 67.6%
2023 19.3% 50.4% 30.1% 63%
2022 19.5% 49.9% 29.7% 59.4%
2021 22% 50.3% 30.2% 64.1%
2020 21.4% 46.8% 32.8% 68.2%
2019 18.3% 38% 30.6% 59.6%
2018 16.2% 35% 30.3% 57.9%
2017 16.3% 33.6% 29.7% 55.8%
2016 15.2% 31.3% 29.7% 56.4%
2015 14.9% 28% 28.4% 57.8%
2014 13.6% 24.8% 29.1% 51.1%
2013 13.3% 22.1% 28.8% 50%
2012 13.1% 19.5% 27.7% 49.8%
2011 13.2% 18% 26.3% 41.3%
2010 15.4% 18.4% 27.4% 40.9%
2009 11.8% 14.8% 27.2% 46.2%
2008 12.9% 15.7% 26.3% 46.2%
2007 13.2% 17% 26.8% 52.8%
2006 13.7% 27.8% 26.8% 61.1%
2005 14.5% 42.6% 26.3% 66.2%
2004 15.6% 49% 26.6% 73.7%
2003 16.5% 55.1% 27.7% 91.9%
2002 16.8% 54.7% 27.6% 90.1%
2001 16.2% 51.4% 27.8% 39.4%
2000 15.2% 48.5% 26.6% 30.5%
1999 14.7% 47.7% 27.2% 24.1%
1998 14% 45.1% 27.3% 19.4%
1997 13.9% 44.2% 27.6% 18.8%
1996 - - 26.5% 18.3%
1995 - - 26.2% 18.5%
1994 - - 29.5% 19.3%
1993 - - 27.7% 20%
1992 - - 23.6% 22.2%
1991 - - 22.2% 20.4%
1990 - - 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-07-08).

GeoRank.org/economy/uganda/uruguay | CC BY

In 2025, Uganda's government spending was $13.8B, accounting for 22.2% of its GDP, while Uruguay spent $26.9B, or 31.5% of GDP.

Debt-to-GDP ratio is 54.2% in Uganda and 65.7% in Uruguay, ranking 93/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Uganda

Uruguay
1x
Year Deficit/surplus, % of GDP
Uganda Uruguay
2025 -7.13% -3.36%
2024 -3.93% -3.16%
2023 -4.87% -3.09%
2022 -5.44% -2.5%
2021 -7.76% -2.61%
2020 -7.76% -4.64%
2019 -4.82% -2.71%
2018 -3.02% -1.89%
2017 -3.83% -2.51%
2016 -2.64% -2.68%
2015 -2.59% -1.86%
2014 -2.74% -2.6%
2013 -3.19% -1.72%
2012 -2.39% -2.17%
2011 -2.04% -0.33%
2010 -4.64% -0.39%
2009 -1.61% -1.39%
2008 -1.99% -1.31%
2007 -0.82% -0.16%
2006 -0.64% -0.64%
2005 -0.17% -0.28%
2004 0.34% -0.87%
2003 -0.97% -2.19%
2002 -2.07% -3.19%
2001 -0.99% -2.85%
2000 -0.62% -2.76%
1999 -1.24% -2.76%
1998 -0.7% -0.76%
1997 -0.83% -0.97%
1996 - -1.32%
1995 - -1.08%
1994 - -2.37%
1993 - -0.47%
1992 - 0.6%
1991 - 0.88%
1990 - 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08).

GeoRank.org/economy/uganda/uruguay | CC BY

In 2025, Uganda's government deficit, the difference between spending and revenue, was $4.42B, equivalent to 7.13% of GDP. This compares to Uruguay's deficit of $2.86B, or 3.36% of GDP.

Over the past 29 years, Uganda recorded a fiscal deficit in 28 of those years, while Uruguay ran a deficit in 29 years. On average, Uganda posted an annual deficit equal to 2.8% of GDP, compared to deficit of 2.01% of GDP for Uruguay.

Inflation comparison by year

Inflation
Uganda

Uruguay
1x
Year Consumer prices inflation
Uganda Uruguay
2025 3.6% 4.65%
2024 3.3% 4.85%
2023 5.4% 5.87%
2022 7.2% 9.1%
2021 2.2% 7.75%
2020 2.8% 9.76%
2019 2.1% 7.88%
2018 2.5% 7.61%
2017 5.6% 6.22%
2016 5.2% 9.64%
2015 3.7% 8.67%
2014 4.3% 8.88%
2013 5.5% 8.58%
2012 14% 8.1%
2011 18.7% 8.09%
2010 4% 6.7%
2009 13% 7.06%
2008 12% 7.88%
2007 6.1% 8.11%
2006 7.2% 6.4%
2005 8.6% 4.7%
2004 3.7% 9.16%
2003 8.7% 19.4%
2002 -0.3% 14%
2001 1.9% 4.36%
2000 3.4% 4.76%
1999 5.8% 5.66%
1998 5.8% 10.8%
1997 7.7% 19.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/uganda/uruguay | CC BY

Over the past 29 years, Uganda has recorded an average annual inflation rate of 5.99%, compared with 8.43% in Uruguay. In 2025, inflation was 3.6% in Uganda and 4.65% in Uruguay.

Top exports between countries

Uganda
Export category Export value
Uruguay
Export category Export value
Raw agricultural goods $1.89M
Processed food, beverages & tobacco $54K
Animal & marine products $21K
Miscellaneous $1K

Balance of trade

Uganda Uruguay
Current account balance
-$4.19B
2024
-$374M
2025
Current account balance ranking
160/190
2024
100/190
2025
Current account balance, % of GDP
-7.78%
2024
-0.44%
2025
Goods imports
$11.7B
2024
$13.6B
2025
Goods exports
$8.67B
2024
$16.1B
2025
Service imports
$4.45B
2024
$5.96B
2025
Service exports
$2.56B
2024
$7.39B
2025
Imports of goods and services, % of GDP
28.8%
2025
22.6%
2025
Exports of goods and services, % of GDP
21.4%
2025
27.1%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Uganda Uruguay
Economic freedom 52.4 69.8
Economic freedom ranking 149/197 39/197
Property rights 42.2 87.4
Government integrity 25.1 79
Judicial effectiveness 29.4 80.9
Tax burden 73.4 73.3
Government spending 89 72
Fiscal health 58.3 76.6
Business freedom 50.2 83.8
Labor freedom 55.9 61.7
Monetary freedom 77.1 70.2
Trade freedom 58 73.2
Investment freedom 30 50
Financial freedom 40 30

Economic freedom comparison by year

Uganda
Uruguay
1x
Year Economic freedom index
Uganda Uruguay
2026 52.4 69.8
2025 51.3 70.2
2024 50.7 69.8
2023 51.4 70.2
2022 54.2 70
2021 58.6 69.3
2020 59.5 69.1
2019 59.7 68.6
2018 62 69.2
2017 60.9 69.7
2016 59.3 68.8
2015 59.7 68.6
2014 59.9 69.3
2013 61.1 69.7
2012 61.9 69.9
2011 61.7 70
2010 62.2 69.8
2009 63.5 69.1
2008 63.8 67.9
2007 63.1 68.4
2006 63.9 65.3
2005 62.9 66.9
2004 64.1 66.7
2003 60.1 69.8
2002 61 68.7
2001 60.4 70.7
2000 58.2 69.3
1999 64.8 68.5
1998 64.7 68.6
1997 66.6 67.5
1996 66.2 63.7
1995 62.9 62.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/uganda/uruguay | CC BY

The Economic Freedom Index for Uganda is 52.4, ranking 149/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Uganda Uruguay
Services, % of GDP
42.1%
2025
65.2%
2025
Industry, % of GDP
24.3%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
26.1%
2025
6.38%
2025
GNI, Atlas method
$57.8B
2025
$81.3B
2025
GNI per capita, PPP
$3,410
2025
$36,330
2025
Total reserves including gold
$3.48B
2024
$19B
2025
Total reserves ranking
116/177
2024
67/177
2025
Net foreign direct investment
-$3.26B
2024
-$457M
2025
Net inflows of foreign direct investment
$3.26B
2024
-$3.94B
2024
Net outflows of foreign direct investment
$400K
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
2.97%
2024
n/a
Poverty at national poverty lines
16.1%
2023
17.3%
2024
Gross capital formation, % of GDP
22.6%
2025
16.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/uganda/uruguay | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.