Palma ratio wb in Uruguay

Uruguay: Palma ratio wb was 1.85 in 2024. ▼ Falling

Latest (2024)
1.85
Change on year
down 4.7%
World rank
25th
of 120 countries
All-time high
2.63
in 2007
All-time low
1.8
in 2017
Years of data
19
2006–2024

Palma ratio wb in Uruguay, 2006–2024

01232006201520242006: 2.62007: 2.62008: 2.42009: 2.52010: 2.42011: 2.12012: 1.82013: 1.92014: 1.92015: 1.92016: 1.82017: 1.82018: 1.82019: 1.82020: 1.92021: 1.92022: 1.92023: 1.92024: 1.9

Source: Our World in Data.

Analysis

In 2024, palma ratio wb in Uruguay stood at 1.85.

That represents a change of down 4.7% on the previous year and down 0.5% over ten years.

Over the whole period, palma ratio wb in Uruguay peaked at 2.63 in 2007 and was at its lowest, 1.8, in 2017.

Uruguay ranks 25th of 120 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 19 years of available data.

Palma ratio wb in Uruguay, year by year

Annual values for Palma ratio wb in Uruguay, 2006 to 2024.
Year Value Change
2006 2.56 —
2007 2.63 +2.5%
2008 2.44 -7.2%
2009 2.51 +3.0%
2010 2.36 -6.0%
2011 2.08 -11.8%
2012 1.83 -12.0%
2013 1.9 +3.4%
2014 1.86 -1.8%
2015 1.87 +0.4%
2016 1.82 -2.5%
2017 1.8 -1.2%
2018 1.82 +1.1%
2019 1.82 +0.2%
2020 1.87 +2.6%
2021 1.94 +3.8%
2022 1.91 -1.6%
2023 1.94 +1.6%
2024 1.85 -4.7%

Uruguay compared with similar countries

  • Uruguay's 1.85 is above the median for high income countries, which is 1.23, 1.5× the median. (42 countries reporting)
  • Uruguay's 1.85 is below the median for Latin America & Caribbean, which is 2.37, 78% of the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.54 2.44 2.63 4
2010s 1.92 1.8 2.36 10
2020s 1.9 1.85 1.94 5

Countries ranked near Uruguay

  1. 22 Malaysia 1.93 compare
  2. 23 Tanzania 1.91 compare
  3. 24 Peru 1.87 compare
  4. 26 Jamaica 1.84 compare
  5. 27 Rwanda 1.83 compare
  6. 28 Morocco 1.83 compare

See the full ranking of 120 places →

More reference data data for Uruguay

All data for Uruguay →

Frequently asked questions

What is palma ratio wb in Uruguay?
Palma ratio wb in Uruguay was 1.85 in 2024, according to Our World in Data.
What is the highest palma ratio wb recorded in Uruguay?
The highest recorded value was 2.63 in 2007.
What is the lowest palma ratio wb recorded in Uruguay?
The lowest recorded value was 1.8 in 2017.
How does Uruguay rank for palma ratio wb?
Uruguay ranks 25th out of 120 countries with data for 2024.
Is palma ratio wb rising or falling in Uruguay?
Over the last ten years it is down 0.5%. The long-run trend across the full record is falling.
Where does this Uruguay data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Uruguay. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/uruguay/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed