Country information

Uruguay

Area

176.215 km²

Capital

Montevideo

Government

Luis Alberto Lacalle Pou

Population

3,5 million

Helpful links Embassy of Uruguay in Berlin Embassy of Germany in Montevideo Promotion Agency Uruguay XXI

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

Country Information