Country Profile: Uruguay

Tax to GDP ratio: 27.4%

Progressive Vertical Index (PVI): 1.0483 — Progressive

Aviation: No information available

Financial Transactions Tax (FTT): No information available

Oil & Gas Revenues: No information available

Carbon Pricing: Yes – carbon pricing instrument in place

  • Instruments: National Carbon Tax
  • Coverage: 4.5% of emissions
  • Price: YUY6,373 (US$167.17)
  • Revenue: YUY10,613 million (US$275 million)
  • Sectors covered: Electricity and heat, Industry, Mining and extractives, Transport, Aviation, Buildings, Agriculture, forestry and fishing fuel use
  • Offsetting: Not permitted

Source: World Bank

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