As
per International Monetary Fund (IMF) Uruguay’s nominal gross domestic product
is expected to grow at a CAGR of 9.76% from it’s 2015 level of UYU 1460.44
billion and reach UYU 2803.68 billion by
2022.
Uruguay
stands out in Latin America for being an egalitarian society and for its high
per capita income, low level of inequality and poverty and the almost complete
absence of extreme poverty. In relative terms, its middle class is the largest
in America, and represents 60% of its population. Uruguay occupies the top
spots in the region in terms of various measures of well-being, such as the
Human Development Index, the Human Opportunity Index and the Economic Freedom
Index.
Uruguay
had estimated population of 3.48 million in the year 2016 and expected to reach
3.555 million by 2022. Uruguay's unemployment rate was 7.867% of total labor
force.
Uruguay's
real gross domestic product (GDP) was around UYU 684.046 billions in 2016
whereas the nominal GDP was UYU 1617.70 billions. This resulted in GDP deflator
236.49. Per capita GDP was estimated at USD 15679.17 whereas purchasing power
parity (PPP) based per capita GDP was estimated to be at USD 21527.27.
In
2016, Uruguay government's revenue was UYU 463.13 billions whereas the
expenditure was UYU 526.915 billions. This resulted Uruguay government's net
lending / borrowing negative at UYU 63.785 billion in 2016 indicating that
enough financial resources were not made available by the government to boost
economic growth.
The
current account balance for Uruguay was estimated to be negative at USD 0.547
billions for the year 2016 and is expected to decline at a CAGR of 7.47% and
reach USD 1.853 by 2022. This negative current account balance indicates the
Uruguay is a net borrower from the whole world.
Scope of the Uruguay PESTEL Analysis, SWOT Analysis and Risk
Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Uruguay.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Uruguay.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Uruguay.
- These reports provide risk analysis for Uruguay.
For
more information and to purchase Uruguay
PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/uruguay-pestel-analysis-market-research-report
For
more information and to purchase Uruguay
SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/uruguay-swot-analysis-market-research-report
For
more information and to purchase Uruguay
Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/uruguay-risk-analysis-market-research-report
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