Uruguay: economy and key statistics
Uruguay is number 84 in the 311 Nations Index, with a GDP of $85.3 billion in 2025. GDP per person is $25,216. The economy grew by 1.8% in 2025. Unemployment is 7.5%. The economy is 65% services, 17% industry, 6% agriculture. In 311 Institute directories: 6 R&D labs, 5 investors, 2 Titans.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Uruguay is number 67 in the 311 National Power Index, scoring 38.5 out of 100: economic 56, technology 20, military 29 and human capital 55.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $85.3 billion | 2025 |
| GDP (purchasing power) | $129.7 billion | 2025 |
| GDP per person | $25,216 | 2025 |
| Economic growth | +1.8% | 2025 |
| Inflation | 4.7% | 2025 |
| Unemployment | 7.5% | 2025 |
| Population | 3.4 million | 2025 |
| Labour force | 1.8 million | 2025 |
| Services share of GDP | 65% | 2025 |
| Industry share of GDP | 17% | 2025 |
| Manufacturing share of GDP | 10% | 2025 |
| Agriculture share of GDP | 6% | 2025 |
| Exports share of GDP | 27% | 2025 |
| Foreign direct investment | 1.3% of GDP | 2025 |
| High-tech share of manufactured exports | 10% | 2024 |
| R&D spending | 0.70% of GDP | 2023 |
| Internet users | 92% of people | 2024 |
R&D labs
Largest companies in Uruguay
Main export industries
Uruguay exported goods worth about $10.2bn in 2024. Its biggest export industries:
- Meat and edible meat offal: $2.3bn (22.0% of goods exports)
- Wood and articles of wood: $1.3bn (12.8% of goods exports)
- Oil seeds and oleaginous fruits: $1.3bn (12.5% of goods exports)
- Cereals: $1.0bn (10.1% of goods exports)
- Dairy produce: $0.8bn (8.0% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in South America
- Brazil (#11)
- Argentina (#24)
- Colombia (#36)
- Chile (#45)
- Peru (#47)
- Ecuador (#64)
- Venezuela (#78)
- Bolivia (#88)
- Paraguay (#98)
- Guyana (#120)
- Suriname (#166)
Questions and answers
How big is the economy of Uruguay?
Uruguay had a GDP of $85.3 billion in 2025, ranking number 84 in the 311 Nations Index.
What is GDP per person in Uruguay?
GDP per person in Uruguay was $25,216 in 2025.
How fast is the economy of Uruguay growing?
The economy of Uruguay grew by 1.8% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
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