Source
Central bank

Central Bank of Uruguay

International Reserves

US$ 18.317 billion (Source: IMF; Data updated: 2014)

Gross Domestic Product - GDP

US$ 58 billion (2014 estimate)

GDP (Purchasing Power Parity)

59 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
2.3% 4.6% 6.8% 4.1% 6.5% 7.2% 2.2% 8.9%
2011 2012 2013 2014*        
6.5% 3.9% 4.2% 2.8%        

*Estimate

GDP per capita - current prices

US$ 17,121 (2014 estimate)

GDP per capita - PPP

$17,391 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.09% 0.07% 0.06% 0.06% 0.07%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 7.5% 
  • industry: 21.5% 
  • services: 71% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
8.1% 8.1% 8.6% 8.3%

*Estimate

Unemployment rate
2011 2012 2013 2014*
6.0% 6.0% 6.3% 6.8%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
61.6% 60.0% 59.6% 59.4% 61.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-1.5% -0.9% -2.8% -2.3% -3.1%

*Estimate   

Government bond ratings

Standard & Poor's: BBB-

Moody's rating: Baa2

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept  2014)

Market value of publicly traded shares
2010* 2011 2012**
US$156.9 million US$174.6 million US$175.4 million

*2010 Estimate     **2012 Estimate 

Largest companies in Uruguay

N/A

 
 
Source
Current account balance

US$ -3.202 billion (2014 estimate)

Current account balance by percentage of GDP

-5.494% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

26.3% (2012)

(Data released on October 2014)

Shares in world total merchandising export

0.05% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.08% (2012)

(Data were released in March 2014)

Total exports

US$10.50 billion (2013 estimate) 

Export commodities

beef, soybeans, cellulose, rice, wheat, wood, dairy products; wool

Total imports

US$12.50 billion (2013 estimate) 

 
 
Source
Import commodities

refined oil, crude oil, passenger and other transportation vehicles, vehicles parts, cellular phones

Exports - major partners

Brazil 18.6%, China 17.9%, Argentina 6.2%, Germany 4.3% (2012)

Imports - major partners

China 16.4%, Brazil 14.9%, Argentina 14.6%, US 9.1%, Paraguay 7.3% (2012)

FDI inflows
2011 2012 2013
US$2,504 million US$2,687 million US$2,796 million
FDI outflows
2011 2012 2013  
US$-7 million US$-5 million US$-16 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$7  million US$13 million US$0 million US$8 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 88 out of 189  countries (2013)

Subcategories:

Starting a business: 43 out of 189 countries

Enforcing Contracts: 105 out of 189 countries

Registering Property: 167 out of 189 countries

Getting credit: 73 out of 189 countries

Protecting investors: 98 out of 189 countries

Trading across border: 90 out of 189  countries

Paying Taxes: 146 out of 189 countries

Dealing with Construction Permits: 154 out of 189 countries

Getting Electricity: 23 out of 189 countries

Resolving Insolvency: 51 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

80

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 38 Score: 69.3 (Moderately Free) 

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-3

Total area

176,215 sq km

Capital

Montevideo

Currency

Uruguayan pesos (UYU)

Government type

constitutional republic

Languages

Spanish, Portunol, or Brazilero (Portuguese-Spanish mix on the Brazilian frontier)

Religions

Roman Catholic 47.1%, non-Catholic Christians 11.1%, nondenominational 23.2%, Jewish 0.3%, atheist or agnostic 17.2%, other 1.1% (2006)

Total population
1990 2000 2010 2014* 2019**
3.094 million 3.301 million 3.357 million 3.404 million 3.461 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
80.2% 85% 92% 95%
Population median age

34.3 years (2014 est.)

Population growth rate

0.26% (2014 est.)

Life expectancy

76.81 years (2014 estimate)

Adult literacy

98.1% (2010 estimate)

% of population living on less than $2 a day

1.3% (2012)

Inequality of wealth distribution (Gini index)

41.3 (2012)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 30.8%   Mobile 154.6%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

58.10% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Montevideo 114th (2014)

CO2 emissions(Metric tons of CO2 per capita)

2.0 (2010)

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2013

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