Uruguay

Country Summary

2022 population pyramid

Introduction

Background

Montevideo, founded by the Spanish in 1726 as a military stronghold, soon took advantage of its natural harbor to become an important commercial center. Claimed by Argentina but annexed by Brazil in 1821, Uruguay declared its independence four years later and secured its freedom in 1828. Uruguay's political and labor conditions are among the freest on the continent.

Geography

Area

total: 176,215 sq km

land: 175,015 sq km

water: 1,200 sq km

Climate

warm temperate; freezing temperatures almost unknown

Natural resources

arable land, hydropower, minor minerals, fish

People and Society

Population

3,407,213 (2022 est.)

Ethnic groups

White 87.7%, Black 4.6%, Indigenous 2.4%, other 0.3%, none or unspecified 5% (2011 est.)

Languages

Spanish (official)

Religions

Roman Catholic 42%, Protestant 15%, other 6%, agnostic 3%, atheist 10%, unspecified 24% (2014 est.)

Population growth rate

0.27% (2022 est.)

Government

Government type

presidential republic

Capital

name: Montevideo

Executive branch

chief of state: President Luis Alberto LACALLE POU (since 1 March 2020); Vice President Beatriz ARGIMON Cedeira (since 1 March 2020); the president is both chief of state and head of government

head of government: President Luis Alberto LACALLE POU (since 1 March 2020); Vice President Beatriz ARGIMON Cedeira (since 1 March 2020)

Legislative branch

description: bicameral General Assembly or Asamblea General consists of:
Chamber of Senators or Camara de Senadores (30 seats; members directly elected in a single nationwide constituency by proportional representation vote; the vice-president serves as the presiding ex-officio member; elected members serve 5-year terms)
Chamber of Representatives or Camara de Representantes (99 seats; members directly elected in multi-seat constituencies by party-list proportional representation vote using the D'Hondt method; members serve 5-year terms)

Economy

Economic overview

high-income, export-oriented South American economy; South America’s largest middle class; low socioeconomic inequality; growing homicide rates; growing Chinese and EU relations; 2019 Argentine recession hurt; key milk, beef, rice, and wool exporter

Real GDP (purchasing power parity)

$75.06 billion (2020 est.)

Real GDP per capita

$21,600 (2020 est.)

Agricultural products

soybeans, milk, rice, maize, wheat, barley, beef, sugar cane, sorghum, oranges

Industries

food processing, electrical machinery, transportation equipment, petroleum products, textiles, chemicals, beverages

Exports

$13.55 billion (2020 est.)

Exports - partners

China 29%, Brazil 12%, United States 5%, Netherlands 5%, Argentina 5% (2019)

Exports - commodities

sulfate wood pulp, beef, soybeans, concentrated milk, rice (2019)

Imports

$11.29 billion (2020 est.)

Imports - partners

Brazil 25%, China 15%, United States 11%, Argentina 11% (2019)

Imports - commodities

crude petroleum, packaged medicines, cars, broadcasting equipment, delivery trucks (2019)


Page last updated: Monday, Jun 06, 2022