On November 29, 2021, the Executive Board of the International Monetary Fund concluded the consideration of the 2021 Article IV Consultation of Uruguay. Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities. The authorities have consented to publication and it is expected that the staff report will be posted on this website shortly.

At a Glance

  • 2022 Projected Real GDP (% Change) : 3.2
  • 2022 Projected Consumer Prices (% Change): 6.1
  • Country Population: 3.555 million
  • Date of Membership: March 11, 1946
  • Article IV/Country Report: February 21, 2020
  • Special Drawing Rights (SDR): 632.81 million
  • Quota (SDR): 429.1 million
  • Number of Arrangements since membership: 22

Country Data

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