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Uruguay : economy statistics and industry reports
- Updated on : 27 August 2012 Source : The World Factbook
Imports
$10.41 billion (2011 est.)$8.312 billion (2010 est.)
Exports
$9.341 billion (2011 est.)$8.03 billion (2010 est.)
Inflation rate (consumer prices)
8.1% (2011 est.)6.7% (2010 est.)
Unemployment rate
6% (2011 est.)6.7% (2010 est.)
GDP - per capita (PPP)
$15,300 (2011 est.)$14,500 (2010 est.)
$13,400 (2009 est.)
note: data are in 2011 US dollars
National product real growth rate
8.5% (2010 est.)2.9% (2009 est.)
8.5% (2008 est.)
Internet users
1.405 million (2009)Telephones - mobile cellular
4.437 million (2009)Population growth rate
0.24% (2012 est.)Population
3,316,328 (July 2012 est.)About this country
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Historical 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 after a three-year struggle.
The administrations of President Jose BATLLE in the early 20th century established widespread political, social, and economic reforms that established a statist tradition.
...
Economic overview
Uruguay's economy is characterized by an export-oriented agricultural sector, a well-educated work force, and high levels of social spending.
After averaging growth of 5% annually during 1996-98, in 1999-2002 the economy suffered a major downturn, stemming largely from the spillover effects of the economic problems of its large neighbors, Argentina and Brazil.
In 2001-02, Argentine citizens made massive withdrawals of dollars deposited in Uruguayan banks after bank deposits in Argentina were frozen, which led to a plunge in the Uruguayan peso, a banking crisis, and a sharp economic contraction.
...PRS Group
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- April 2013
- by PRS Group
Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...
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Dun and Bradstreet (Altares)
D&B Country Report: Uruguay
- $ 650
- Country report
- June 2012
- by Dun and Bradstreet (Altares)
Report Summary Providing critical information and analysis on the trade environment, D&B Country Reports offer in-depth analysis for evaluating risks and opportunities when trading overseas. This detailed ...
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