Macro Index Overview / Latin America & Caribbean / URY
Uruguay ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: URY UY

Uruguay

General Government final consumption expenditure includes Non-Profit Institutions Serving Households final concumption expenditure

Latin America & Caribbean High income Blocs: Other Montevideo

Global Rank (2023)

#62 / 205

Top 30% of global economies

Composite Score (2023)

65.2 / 100

Living Standard (2023)

$18,404

Subscore: 70.69 / 100

CPI Inflation (2023)

5.87%

Stability Score: 85.65 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 70.69

Raw: $18,404 (2015 USD)

Price Stability (25%) 85.65

Raw: 5.87% (Anchor: 3.0%)

External Solvency (25%) 40.15

Raw: -2.95% of GDP

Economic Scale (15%) 60.19

Raw: $79.2B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Uruguay's global competitive ranking by accentuating its comparative strengths.

Peak Rank #46 / 205
Default Rank #62
+16 Ranks
Living Standards 35%
Baseline: 35%
Price Stability 35%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 30%
Baseline: 15%

Policy Insight & Strategic Advantage: Uruguay benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Uruguay's composite score climbs to 72.8 (compared to 65.2 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Uruguay's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Uruguay (URY)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #62 / 205 โ€ข Composite Score: 65.2 / 100 โ€ข Living Standard: $18,404 โ€ข Inflation: 5.87%
#1#50#100#150#20019601970198019902000201020202025#62
Hover or click any node along the curve to inspect that historical year in real time
Primary: Uruguay Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
Uruguay (URY) Active#6265.2$18,4045.87%-2.95%$79.2B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Uruguay

Metric:
Selected Era: 2023 ยท Click any node to select
100755025045.619701970s34.319801980s41.419901990s63.020002000s63.320102010s61.320202020s65.22023Recent