MultiEducator · Nation by Nation
HistoryCentral Est. 1996
Flag of Uruguay
flag — Uruguay
Nation by Nation

Uruguay

Economy

$81.0 billion
GDP
World Bank · 2024
$23,907
GDP / Capita
World Bank · 2024
+3.1%
GDP Growth
World Bank · 2024
8.2%
Unemployment
World Bank · 2024

Uruguay is one of Latin America's most prosperous, stable, and socially progressive nations, a high-income economy with strong institutions, low corruption, and a robust welfare state.

Built on agriculture and services, Uruguay enjoys some of the region's highest living standards and is noted for its political stability and progressive social policies.

Key Sectors

The economy rests on agriculture (a major exporter of beef, soy, dairy, and wool), services and tourism, forestry and pulp, and a growing technology and software sector.

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