Uruguay: Commercial service imports (current US$)

Key figures

What the numbers say

In 2025, Uruguay's commercial service imports (current US$) fell 4.4% on 2024 (from US$6.18 billion to US$5.91 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +9.1% and a typical year strayed about 23.3% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 92.1% in 2012 and the biggest yearly fall was 29.9% in 1984. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$289.64 million a year. A straight line explains 64% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Uruguay had the 82nd highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Uruguay in the 2025 ranking

• Ecuador — 78th of 136: US$6.27 billion
• Venezuela, RB — 79th of 136: US$5.95 billion
• Iceland — 80th of 136: US$5.94 billion
• Panama — 82nd of 136: US$5.82 billion
• Kenya — 83rd of 136: US$5.73 billion
• Dominican Republic — 84th of 136: US$5.45 billion

What this measures

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 48 values

Commercial service imports (current US$) in nearby economies

• Antigua and Barbuda — US$614.45 million (2025)
• Argentina — US$29.74 billion (2025)
• Aruba — US$1.14 billion (2023)
• Bahamas, The — US$2.2 billion (2024)
• Barbados — US$670.92 million (2017)
• Belize — US$324.25 million (2025)
• Bolivia — US$2.36 billion (2025)
• Brazil — US$102.7 billion (2025)
• Chile — US$21.35 billion (2025)
• Colombia — US$19.87 billion (2025)

More private sector & trade data for Uruguay

• Merchandise trade (% of GDP) — 28.33% (2025)
• Merchandise imports (current US$) — US$12.95 billion (2025)
• Merchandise exports (current US$) — US$11.23 billion (2025)
• Merchandise imports from economies in the Arab World (% of total merchandise imports) — 2.75% (2023)
• Merchandise imports from high-income economies (% of total merchandise imports) — 29.72% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 31.02% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 20.3% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Reading data like this

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Questions people ask

What is Uruguay's commercial service imports (current US$)?

US$5.91 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1978?

It is up 2,385% from US$237.7 million in 1978 (7.07% a year on average, compounded). The highest value was US$6.54 billion in 2023 and the lowest US$237.7 million in 1978.

How does Uruguay rank?

82nd highest of 136 economies with data for 2025.

Is the latest change in commercial service imports (current US$) unusual for Uruguay?

In 2025, Uruguay's commercial service imports (current US$) fell 4.4% on 2024 (from US$6.18 billion to US$5.91 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +9.1% and a typical year strayed about 23.3% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TM.VAL.SERV.CD.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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