Data at glance of Uruguay - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth 0.08 3.17 2.44 6.02 1.41 5.84 4.49 0.74 3.11 2.84
CPI % 62.49 38.09 9.24 6.88 8.34 7.75 9.11 5.87 4.85 5.53
Unemployment rate 10.74 10.39 12.84 7.4 7.68 9.38 7.87 8.32 8.18 8.03
Debt/GDP % - 27.31 65.17 43.51 54.79 64.08 59.93 64.0 68.7 68.53
Current account balance/GDP % - - - - -1.0 -2.43 -3.79 -3.38 -1.01 -1.46

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

The Spanish founded the city of Montevideo in modern-day Uruguay in 1726 as a military stronghold, and it soon became an important commercial center due to its natural harbor. Argentina initially claimed Uruguay, but Brazil annexed the country in 1821. Uruguay declared its independence in 1825 and secured its freedom in 1828 after a three-year struggle. The administrations of President Jose BATLLE in the early 20th century launched widespread political, social, and economic reforms that established a statist tradition. A violent Marxist urban guerrilla movement named the Tupamaros (or Movimiento de Liberación Nacional-Tupamaros) launched in the late 1960s and pushed Uruguay's president to cede control of the government to the military in 1973. By year-end, the rebels had been crushed, but the military continued to expand its hold over the government. Civilian rule was restored in 1985. In 2004, the left-of-center Frente Amplio (FA) Coalition won national elections that effectively ended 170 years of political control by the Colorado and National (Blanco) parties. The left-of-center coalition retained the presidency and control of both chambers of congress until 2019. Uruguay's political and labor conditions are among the freest on the South American continent.

Environment

Area: 176,215 km2

Climate: warm temperate; freezing temperatures almost unknown

Natural resources: arable land, hydropower, minor minerals, fish

Ethnic characteristics

Groups: White 87.7%, Black 4.6%, Indigenous 2.4%, other 0.3%, none or unspecified 5% (2011 est.)note: data represent primary ethnic identity

Languages: Spanish (official, Rioplatense is the most widely spoken dialect)major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)The World Factbook, the indispensable source for basic information.

Religions: Roman Catholic 36.5%, Protestant 5% (Evangelical (non-specific) 4.6%, Adventist 0.2%, Protestant (non-specific) 0.3%), African American Cults/Umbanda 2.8%, Jehovah's Witness 0.6%, Church of Jesus Christ 0.2%, other 1%, Believer (not belonging to the church) 1.8%, agnostic 0.3%, atheist 1.3%, none 47.3%, unspecified 3.4%Roman Catholic 42%, Protestant 15%, other 6%, agnostic 3%, atheist 10%, unspecified 24% (2023 est.)

Government

Capital: Montevideo

Government type: presidential republic

Executive branch

Chief of state: President Yamandú ORSI Martínez (since 1 March 2025)

Head of government: President Yamandú ORSI Martínez (since 1 March 2025)cabinet: Council of Ministers appointed by the president with approval of the General Assemblyelection/appointment process: president and vice president directly elected on the same ballot by absolute-majority vote in 2 rounds, if needed, for a 5-year term (eligible for nonconsecutive terms)most recent election date: 27 October 2024, with a runoff on 24 November 2024election results: 2024: Yamandú ORSI Martínez elected president in second round; percent of vote in first round - Yamandú ORSI Martínez (FA) 46.2%, Álvaro Luis DELGADO Ceretta (PN) 28.2%, Andrés OJEDA Ojeda Spitz (PC) 16.9%, other 8.7%; percent of vote in second round - Yamandú ORSI Martínez 52.1%, Álvaro Luis DELGADO Ceretta 47.9%2019: Luis Alberto LACALLE POU elected president in second round; percent of vote in first round - Daniel MARTINEZ (FA) 40.7%, Luis Alberto LACALLE POU (PN) 29.7%, Ernesto TALVI (Colorado Party) 12.8%, Guido MANINI RIOS (Open Cabildo) 11.3%, other 5.5%; percent of vote in second round - Luis Alberto LACALLE POU 50.6%, Daniel MARTINEZ 49.4%expected date of next election: 28 October 2029, with a runoff, if needed, on 25 November 2029note: the president is both chief of state and head of government

Legislative branch

Description: legislature name: General Assembly (Asamblea General)legislative structure: bicameral

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"