Country information

Uruguay

Area

176.215 km²

Capital

Montevideo

Government

Luis Alberto Lacalle Pou

Population

3,5 million

Contact

Mélissa Bigdely

Coordinator LAV-Young Professionals / Regional Manager Argentina, Chile, Haiti, Paraguay and Uruguay

m.bigdely@lateinamerikaverein.de

+49 (0) 40 413 43 150

Economic data

Basic data 2021 2022 2023
GDP growth in % 4,4 8,3 (Apr) 1
Export in billion US$ 1,86 1,3 0,85
Import in billion US$ 1,50 1,2 1,0
Key interest rate in % 1. Trimester: 9,25% 11,50 9,5
Exchange rate US$/UYU 43,58 41,19 39,89 (Nov)
Foreign direct investments 4,4 % of total GDP - -
Inflation rate in % 7,7% 9,1 (P) 6,09 (Oct)
HDI (Human Development Index) 0,809 0,817 -

Foreign Trade

Import products: Crude Petroleum, Vehicles, Machinery
Import partner: Brazil, China, USA, Argentina

Export products: Meat, Wheat, Rice, Cellulosic material (paper), Soja, Vehicles, Rapeseed, Milk
Export partner: China, USA, Brazil, Europe

Notes

P = Prediction
Update: 16.11.2023
Sources: INE, UNDP, Worldbank, CEPAL, Banco Central de Uruguay (BCU), OEC, IWF