Economy Politics Country 2025-12-13T12:03:06+00:00

Uruguay's Tax Revenues Grow by 15.2%

Uruguay's tax revenues reached $5.2 billion in October 2025, a 15.2% year-on-year increase. The growth was driven by direct taxes, which rose by 27.7%, while indirect taxes grew by 1.8%. This outcome strengthens the country's fiscal management and investment in key social areas.


The General Directorate of Revenue (DGI) reported that, based on preliminary results for October 2025, tax revenues reached $5,213.9 million, representing a 15.2% increase compared to the same period of the previous year. This result reflects the strengthening of fiscal management, the modernization of tax collection processes, and a greater culture of compliance from taxpayers. According to the entity, this growth has a direct impact on the country's human development, as every dollar collected efficiently allows for strengthening investment in education, health, drinking water, infrastructure, social programs, and job creation. The DGI pointed out that the growth was mainly driven by direct taxes, which totaled $3,000.7 million, registering an increase of 27.7%. Notable among them are the Payroll Tax, which grew by 51.4%; the Real Estate Tax with an increase of 85.7%; the Corporate Income Tax with a growth of 9.0%; Capital Gains – Securities with an increase of 199.1%; and the Dividend Tax with a rise of 22.4%. On the other hand, indirect taxes amounted to $2,213.2 million, with a growth of 1.8%, with notable increases in imported cigarettes, automobiles, beer, insurance premiums, and import tax. The State's current revenues totaled $6,458.6 million, reflecting a growth of 13.9%, mainly driven by higher contributions from state-owned companies.