[vc_row][vc_column width=”1/2″][vc_column_text]

Uruguay

URY orthographic

We offer a data-driven country report for Uruguay that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Uruguay.[/vc_column_text][vc_column_text]

Its population in 2018 was 3,469,551 [1]

In 2015, 58.02% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 4.37% [2]

In 2021 it had a negative Current
Account Balance of US$bn 1.12 [3]

Its unemployment rate in 2021 was 9.40% [3]

Its Expenditure on R&D (as a percentage of
GDP) in 2019 was 0.48% [2]

A Big Mac will set you back the
local equivalent of US$4.31 [4]

[/vc_column_text][vc_column_text]


What free trade areas or economic unions is it a member of?

Member of the Southern Common Market (MERCOSUR) since 26/03/1991

Other members:

Argentina, Brazil, Paraguay


What trade deals are there between Southern Common Market and other countries and economic unions?

MERCOSUR - Egypt free trade agreement (from 10/12/2024)

MERCOSUR - Israel free trade agreement (from 10/12/2024)

MERCOSUR - Lebanon free trade agreement (from 10/12/2024)

MERCOSUR - State of Palestine free trade agreement (from 10/12/2024)

MERCOSUR - CAN free trade area (from 31/12/2003)

MERCOSUR - India partial scope agreement (from 01/06/2009)

MERCOSUR - SACU partial scope agreement (from 01/04/2016)

MERCOSUR - Mexico partial scope agreement (from 28/12/2016)

MERCOSUR - Chile partial scope agreement (from 10/03/2017)

[/vc_column_text][vc_column_text]
What trade deals are there with other countries and economic unions?

Protocol on Trade Negotiations (from 11/02/1973)

Mexico - Uruguay free trade agreement (from 15/07/2004)

[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]

Know the Risks and ‘See’ the Future with the Integrity and Transparency of Moody’s Local

The Moody’s name and brand is internationally famous — and the agency’s Latin American platform brings

Don’t Expect Miracles from the Multilaterals

by Otaviano Canuto Latin American and Caribbean economies need help, but organisations such as the IDB
Read more

Uruguay: A Near-Perfect Country to Live, Work, and Play Post-Covid-19

The best countries to build a prosperous post-corona life include obvious choices such as Australia (#1),

MegaInver: Tailored to Meet Market Demand

MegaInver is a leading independent asset management company in Argentina. The firm began its operations in
Read more

CFI.co Meets the CEO and President of Hidrovias do Brasil: Bruno Pessoa Serapião

Bruno Serapião has been chief executive officer and president of Hidrovias do Brasil S/A (HBSA) since

Brazil & Argentina: Only One Getting Real

Brazil is just one step removed from facing its reality. With nearly all macroeconomic indicators pointing
Read more

Eduardo Galeano: Remembering a Forgotten Continent

In the last days of his presidency, José Mujica visited the Casmu Hospital in Montevideo to

José Mujica: At Long Last – A Politician to Admire

The South American country of Uruguay does not often make for headline news. It’s a relatively
Read more

HSBC Continues to Sell Non-Core Assets

HSBC is selling businesses in four South American countries as it carries on its plan of
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_column_text]

Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.

[/vc_column_text][/vc_column][vc_column width=”1/3″][/vc_column][/vc_row]