Uruguay - Expense (current LCU)

The value for Expense (current LCU) in Uruguay was 703,453,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 703,453,000,000 in 2019 and a minimum value of 290,000 in 1972.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 290,000
1973 541,000
1974 985,000
1975 1,781,000
1976 2,777,000
1977 4,172,000
1978 6,350,000
1979 10,211,000
1980 18,609,000
1981 28,345,000
1982 35,331,000
1983 43,216,000
1984 66,409,000
1985 114,250,000
1986 214,873,000
1987 384,559,000
1988 660,765,000
1989 1,199,000,000
1990 2,383,000,000
1991 5,282,000,000
1992 9,751,000,000
1993 17,080,000,000
1994 26,595,000,000
1995 33,208,000,000
1996 45,474,000,000
1997 59,557,000,000
1998 69,335,000,000
1999 71,913,000,000
2000 73,321,000,000
2001 75,907,440,000
2002 80,670,330,000
2003 94,845,100,000
2004 104,466,000,000
2005 112,873,000,000
2006 126,622,000,000
2007 145,570,000,000
2008 162,874,000,000
2009 208,163,000,000
2010 237,738,000,000
2011 269,677,000,000
2012 317,698,000,000
2013 367,722,000,000
2014 422,871,000,000
2015 466,190,000,000
2016 610,652,000,000
2017 582,508,000,000
2018 640,733,000,000
2019 703,453,000,000

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance