South American Real Estate News

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/ All categories of countries are / Uruguay’s Economy continues to grow

Uruguay’s Economy continues to grow

Post available in: English

Uruguay’s economy has expanded 3.7% during the second quarter of 2014 making for 10 years of continuos expansion.

Uruguay's Economy

With the exception of construction, which had a negative performance, all other sectors of the Uruguayan economy expanded during the second quarter compared to 2013.

Exports during the period, increased 8.1% in volume on an annual basis while imports increased at a 2.4% rate.

Last year the Uruguayan economy expanded 4.4% above the government target and other estimates such as the IMF and World Bank. In dollar terms this means the Uruguayan GDP now stands at the equivalent of 49.7 Billion USD dollars.

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Gateway to South America

About Gateway to South America

Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone clients in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate marketing services. If you enjoy reading our news site please share it on your social media below.

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