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01.04.202520:25:39UTC+00Uruguay Current Account Deficit Shrink in Q4

In the fourth quarter of 2024, Uruguay recorded a current account deficit of USD 383 million, down from a deficit of USD 540 million in the corresponding period of the previous year. This improvement was primarily driven by a stronger goods balance. The surplus in goods and services rose to USD 727 million, an increase from USD 639 million observed a year prior. On the other hand, the primary income deficit saw a modest decline to USD 1,159 million, compared to USD 1,228 million. The secondary income surplus held steady at USD 49 million.

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