News

16.11.17

Automotive industry gains momentum

Automotive industry gains momentum

Uruguay has a vast experience in vehicle assembly and parts manufacturing, with several plants established in the country, both with national and foreign capitals.

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16.11.17

Financial system strengthened

Financial system strengthened

The Uruguayan financial market finds itself in a period of solid development, soundness, high liquidity, and strong performance, in line with the economic growth the country has enjoyed in recent years.

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28.07.17

2017 Quarterly DFI Monitor

2017 Quarterly DFI Monitor

According to the latest report on direct foreign investment (DFI) in Uruguay, the origin of investments in our country is distributed as follows: Argentina (28%), Germany (11.2%), Brazil (8.2%), Italy (7.8%), Belgium (6.6%), Canada (4.7%), and New Zealand (3.5%), among others.

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28.07.17

Uruguayan Economy Growing at a Faster Pace

Uruguayan Economy Growing at a Faster Pace

Uruguay’s economic growth picked up speed in the first quarter of 2017, with an expansion in most sectors of activity, fueled mainly by consumption and exports.

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28.07.17

Promoted Investment Projects on the Rise

Promoted Investment Projects on the Rise

In the period from January to May 2017 203 projects were recommended by the Investment Act Implementation Committee (COMAP), for a total value of US$ 371.8 million. This represents an increase of 60% in the number of initiatives sponsored by the COMAP.

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28.07.17

Uruguayan Writers and Copyright

Uruguayan Writers and Copyright

Over one hundred Uruguayan writers joined a copyright protection campaign with the aim of opposing a new bill that modifies the law currently in force on the subject and authorizes copies of works for educational purposes.

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13.06.17

Favorable outlook for Uruguay continues

Favorable outlook for Uruguay continues

According to Standard & Poor’s, Uruguay has demonstrated its resilience despite difficult economic conditions. The stability and gradual strengthening of Uruguay’s economy will support income levels in the country, as will its tax base, the flexibility of its fiscal and monetary policies, and its capacity to absorb debt.

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22.03.17

Uruguay, more prosperous by the day

Uruguay, more prosperous by the day

The 2016 edition of the index positioned Uruguay as the strongest overall performer in Central and South America, showing particular improvement in the categories of personal freedom and governance. The index highlights that in the last five years the country attained third place in the region with respect to per capita income growth.

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22.03.17

Inclusive Development Index 2017

Inclusive Development Index 2017

Uruguay ranked sixth among developing economies in the World Economic Forum’s Inclusive Development Index, which measures indicators such as education, basic services, infrastructure, and corruption, among others.

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10.03.17

Uruguay ranks among the world’s top 10 free countries

Uruguay ranks among the world’s top 10 free countries

Every year, Freedom House, a non-governmental organization with offices in Washington, D.C. and New York, issues an annual study on the state of political rights and civil liberties, which includes a global freedom ranking. For the 2017 edition of its flagship Freedom in the World report it assessed 195 countries and 14 territories around the globe, using the data gathered to build the freedom ranking. Of the 195 countries assessed, 87 (or 45%) were rated Free, 59 (30%) Partly Free, and 49 (25%) Not Free.

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