Country risk report · Americas
Uruguay
Political RiskLow
Operational RiskLow
Security RiskLow
Summary
Uruguay, a small yet stable country in South America, is recognized for its progressive policies, robust democratic institutions, and high standard of living. Covering approximately 176,000 square kilometers, it is bordered by Brazil to the north and Argentina to the west, with the Atlantic Ocean to the southeast. With a population of around 3.5 million (2024 estimate), Uruguay boasts a high urban concentration, with the capital city, Montevideo, serving as the cultural, economic, and political heart of the nation.
Uruguay’s economy is diverse, driven by agriculture, services, and technology. It is a leading exporter of beef, wool, and dairy products, and has embraced renewable energy, with over 97% of its electricity generated from renewable sources.
- Capital
- Montevideo
- Population
- 3.5 million (2024 estimate)
- Official Language
- Spanish
- Currency
- Uruguayan Peso (UYU)
- Key Industries
- Agriculture (beef, dairy, soybeans), renewable energy, technology services, and tourism
- GDP
- $79 billion (2023 estimate)
- GDP Growth
- 2.6% (2023 estimate)
Table of contents
- Uruguay | Overview
- Political Risk Summary
- Political Stability
- Regulatory Risk
- Contract Enforcement
- Integrity and Corruption
- Sovereign Risk
- Operational Risk Summary
- Institutional Risk
- Infrastructure Risk
- Labour Risk
- Security Risk Summary
- Crime Risk
- Terrorism Risk
- War Risk
- Civil Unrest
- Kidnap Risk
Risk levels in the report
From the report’s summary page. The full report explains each level and lists the key concerns behind it.
- Very Low
- Low
- Medium
- High
- Very High
| Category | Risk level |
|---|---|
| Political Risk | Low |
| Political Stability | Low |
| Regulatory Risk | Low |
| Contract Enforcement | Low |
| Integrity and Corruption | Low |
| Sovereign Risk | Medium |
| Operational Risk | Low |
| Institutional Risk | Low |
| Infrastructure Risk | Low |
| Labour Risk | Medium |
| Security Risk | Low |
| Crime | Low |
| Terrorism | Low |
| War Risk | Low |
| Civil Unrest | Low |
| Kidnap Risk | Low |
“I use reports from Risk Information Systems to support my work in compliance and risk assessment. The reports provide a clear overview of country risks and a useful starting point for identifying issues that require closer consideration. I particularly appreciate the concise and accessible format. For me, the reports are a valuable supplement to my own research and professional judgement.”