Click here to read Rabobank's economic vision for this country. The information and publications in this tab are prepared and made available by third parties and are only available in English. No rights can be derived. Rabobank is not responsible or liable for the information and publications. Click here for the full disclaimer.


Capital: Montevideo


Total Population: 3,444,006
Natural Increase: 0.4%
Density: 20 Inhabitants/km²
Urban Population: 95.5%
Population of main cities: Montevideo (1,304,687); Salto (104,011); Ciudad de la Costa (95,176); Paysandu (76,412); Las Piedras (71,258); Rivera (64,465)
Ethnic Origins: The Uruguayan population is mainly  from a European background (about 88%), originally from Spanish and Italian immigration, but there are also about 8% of mestizo (mixed Europeans and Brazilian and Argentinian). The original indigenous population has completely disappeared.
Official Language: Spanish 
Other Languages Spoken: 94% of the citizens speak only Spanish. Therefore, Spanish is the common language used in politics and in cultural and economic fields. English is used occasionally in commercial activities. Other languages, such as French, Portuguese or German are not used very often.
Business Language(s): Spanish, English
Religion: Catholic 66%, Jewish 2%, Protestant 2%, Other 30%.
Literacy Rate: 98.0%
National Currency: Uruguayan Peso (UYU)
Exchange rate (average of the last 30 days):
1 UYU = 0.0273 EUR

Country Overview

Area: 176,220 km²
Type of State: Oriental Republic based on parliamentary democracy with strong presidential form of government.
Type of Economy: Upper-middle-income economy.
An economy marked by agriculture, the agri-food industry and tourism. Advanced education and social security systems.
HDI*: 0.793/1
HDI (World Rank): 52/188

Note: (*) The HDI, Human Development Index, is an Indicator Which Synthesizes Several Data Such as Life Expectancy, Level of Education, Professional Careers, Access to Culture etc.


Telephone Code:
To call from Uruguay, dial 00
To call Uruguay, dial +598
Internet Suffix: .uy
Computers: 13.6 per 100 Inhabitants
Telephone Lines: 29.8 per 100 Inhabitants
Internet Users: 55.1 per 100 Inhabitants
Access to Electricity: 99.5% of the Population

Foreign Trade in Figures

Foreign Trade Indicators 20122013201420152016
Imports of Goods (million USD) 11,65211,64211,4859,4898,137
Exports of Goods (million USD) 8,7099,0679,1337,6757,031
Imports of Services (million USD) 2,3503,1793,1412,6082,283
Exports of Services (million USD) 3,5673,4473,3112,9673,006

Source: WTO – World Trade Organisation, 2017


© Export Entreprises SA, All Rights Reserved.
Last Updates: May 2018