Uruguay is a small country in the southeast of South America, slightly larger than England.
Uruguay is a stable country. It has strong institutions and performs well on all major transparency and ease-of-doing-business indices. In the past ten years Uruguay’s economy has become more resilient and its exports more diversified. According to the World Economic Forum (WEF), it is the 10th most competitive economy in Latin America and the Caribbean, with a GDP of around US $54.6 billion that has been growing at a faster rate (4.3% per year) than the regional average for several years.
The favourable environment for investment and the good economic performance of the country over the last decade have contributed to Uruguay being a reliable investment destination.