Doing Business In Uruguay: Investment Outlook For 2018

There are some changing regulations on the horizon, and some political uncertainty with government elections next year. But a strong track record of economic growth, plus a well-established framework to support investors, provide a foundation for business development.

Economic outlook

Despite the volatility experienced in Latin America in recent years, Uruguay's economy has grown year-on-year for the past 15 years, in one of the most extensive periods of economic expansion in the country's history.

Since 2003, Uruguay has grown at rates above regional average, exceeding 7% on several occasions.  With the economic downturn in Latin America, this trend slowed in recent years, reaching its lowest level in 2015 but since then, growth rates have risen.