Economy - overview:
Uruguay's economy is characterized by an export-oriented agricultural sector, a well-educated work force, and high levels of social spending. Following financial difficulties in the late 1990s and early 2000s, economic growth for Uruguay averaged 8% annually during the period 2004-08. The 2008-09 global financial crisis put a brake on Uruguay's vigorous growth, which decelerated to 2.6% in 2009. Nevertheless, the country managed to avoid a recession and keep positive growth rates, mainly through higher public expenditure and investment, and GDP growth reached 8.5% in 2010 and 6% in 2011.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: 1) The information regarding Uruguay on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Uruguay Economy 2012 information contained here. All suggestions for corrections of any errors about Uruguay Economy 2012 should be addressed to the CIA.
$52.02 billion (2011 est.)
country comparison to the world: 91
note: data are in 2011 US dollars
[see also: GDP country ranks ]
$49.4 billion (2011 est.)
[see also: GDP (official exchange rate) country ranks ]
6% (2011 est.)
country comparison to the world: 48
[see also: GDP - real growth rate country ranks ]
$15,400 (2011 est.)
country comparison to the world: 79
note: data are in 2011 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 9.1%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 20.9%
[see also: GDP - composition by sector - industry country ranks ]
services: 70% (2011 est.)
[see also: GDP - composition by sector - services country ranks ]
1.639 million (2011 est.)
country comparison to the world: 125
[see also: Labor force country ranks ]
agriculture: 13%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 14%
[see also: Labor force - by occupation - industry country ranks ]
services: 73% (2010 est.)
[see also: Labor force - by occupation - services country ranks ]
6.3% (2011 est.)
country comparison to the world: 66
[see also: Unemployment rate country ranks ]
20.9% of households (2009)
[see also: Population below poverty line country ranks ]
lowest 10%: 2.3%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 32.9% (2009)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
42.4 (2009)
country comparison to the world: 50
[see also: Distribution of family income - Gini index country ranks ]
20.4% of GDP (2011 est.)
country comparison to the world: 114
[see also: Investment (gross fixed) country ranks ]
revenues: $14.02 billion
[see also: Budget revenues country ranks ]
expenditures: $14.74 billion (2011 est.)
[see also: Budget expenditures country ranks ]
28.4% of GDP (2011 est.)
country comparison to the world: 99
[see also: Taxes and other revenues country ranks ]
-1.5% of GDP (2011 est.)
country comparison to the world: 65
[see also: Budget surplus (+) or deficit (-) country ranks ]
49.2% of GDP (2011 est.)
country comparison to the world: 52
[see also: Public debt country ranks ]
7.8% (2011 est.)
country comparison to the world: 167
[see also: Inflation rate (consumer prices) country ranks ]
20% (31 December 2010)
country comparison to the world: 8
[see also: Central bank discount rate country ranks ]
11.1% (31 December 2011 est.)
country comparison to the world: 93
[see also: Commercial bank prime lending rate country ranks ]
$4.868 billion (31 December 2011 est.)
country comparison to the world: 96
[see also: Stock of narrow money country ranks ]
$16.97 billion (31 December 2010 est.)
country comparison to the world: 89
[see also: Stock of broad money country ranks ]
$15.73 billion (31 December 2011 est.)
country comparison to the world: 87
[see also: Stock of domestic credit country ranks ]
$238 million (31 December 2010)
country comparison to the world: 113
[see also: Market value of publicly traded shares country ranks ]
beef, soybeans, cellulose, rice, wheat, lumber, dairy products; fish
food processing, electrical machinery, transportation equipment, petroleum products, textiles, chemicals, beverages
1.6% (2011 est.)
country comparison to the world: 134
[see also: Industrial production growth rate country ranks ]
9.89 billion kWh (2010 est.)
country comparison to the world: 91
[see also: Electricity - production country ranks ]
7.57 billion kWh (2010 est.)
country comparison to the world: 95
[see also: Electricity - consumption country ranks ]
711.4 million kWh (2010 est.)
[see also: Electricity - exports country ranks ]
386.8 million kWh (2010 est.)
[see also: Electricity - imports country ranks ]
903.3 bbl/day (2010 est.)
country comparison to the world: 105
[see also: Oil - production country ranks ]
52,000 bbl/day (2010 est.)
country comparison to the world: 97
[see also: Oil - consumption country ranks ]
4,353 bbl/day (November 2010 est.)
country comparison to the world: 107
[see also: Oil - exports country ranks ]
53,110 bbl/day (November 2010 est.)
country comparison to the world: 87
[see also: Oil - imports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 137
[see also: Natural gas - production country ranks ]
40 million cu m (2009 est.)
country comparison to the world: 108
[see also: Natural gas - consumption country ranks ]
0 cu m (2009 est.)
country comparison to the world: 198
[see also: Natural gas - exports country ranks ]
76.6 million cu m (2010 est.)
country comparison to the world: 72
[see also: Natural gas - imports country ranks ]
0 cu m (1 January 2011 est.)
country comparison to the world: 200
[see also: Natural gas - proved reserves country ranks ]
-$910.4 million (2011 est.)
country comparison to the world: 122
[see also: Current account balance country ranks ]
$9.716 billion (2011 est.)
country comparison to the world: 97
[see also: Exports country ranks ]
beef, soybeans, cellulose, rice, wheat, wood, dairy products; wool
Brazil 21%, Nueva Palmira Free Zone 10.2%, Argentina 7.5%, Chile 5.5%, Russia 5.3% (2010 est.)
$10.62 billion (2011 est.)
country comparison to the world: 92
[see also: Imports country ranks ]
crude oil (13.4%), refined oil (4.9%), passenger vehicles (3.5%), transportation vehicles (2.7%), vehicles parts (2.2%), cellular phones (2.1%), insecticides (1.7%)
Brazil 18.6%, Argentina 16.7%, China 13.5%, Venezuela 9.1%, US 8.3%, Russia 4.2% (2010 est.)
$8.907 billion (31 December 2011 est.)
country comparison to the world: 74
[see also: Reserves of foreign exchange and gold country ranks ]
$11.94 billion (31 December 2011 est.)
country comparison to the world: 90
[see also: Debt - external country ranks ]
$9.1 billion (30 September 2010)
country comparison to the world: 82
[see also: Stock of direct foreign investment - at home country ranks ]
$300 million (2009 est.)
country comparison to the world: 79
[see also: Stock of direct foreign investment - abroad country ranks ]
Uruguayan pesos (UYU) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 07-Mar-12