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    Uruguay Facts and Figures

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        Sunset ocean view of Punta del Este, Uruguay.
        Adobe Stock/Katherine

        Facts and Figures About Uruguay

        There are many interesting facts about Uruguay. Some might come as no surprise, while others will probably leave you scratching your head.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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          Fact #1: If you’re a fan of soccer (futbol) then you will be happy to know that the inaugural FIFA World Cup was held in Uruguay back in 1930. They also happened to win.

          Fact #2: When people think of Uruguay they often think of farming, in particular cattle. In fact, the country has 3 times as many cows as they do people!

          Fact #3: Sheep also outnumber people in Uruguay. Great news for those who enjoy the warm feel of a wool sweater.

          Fact #4: Uruguay legalized same-sex marriage in 2013, becoming only the 20th country to do so at that time.

          Fact #5: Uruguay has a very high literacy rate, not just for South America, but the entire world. A 2018 estimate by UNESCO has literacy at 98.7%.

          Fact #6: In December 2013, marijuana trade became legalized in Uruguay. Costs remain very low for the product, however quality is also regarded as being very low-quality, as well.

          Fact #7: Size doesn’t really matter. Uruguay is the second smallest country in South America.

          Fact #8: Over 50% of Uruguay’s population lives in the capital city of Montevideo.

          Fact #9: Uruguay’s former President Jose Mujica was nominated for a Nobel Peace Prize in 2014.

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            More Uruguay Facts and Figures

             
            Metrics For Uruguay Figures
            Population 3,473,730 (June 2020 est.)
            Gross Domestic Product (GDP) US$60 billion (2015 est.)
            GDP Per Capita US$21,900 (2020 est.)
            Inflation Rate 8.79% (2020 est.)
            Currency Uruguayan Peso (UYU)
            Exchange Rate Versus U.S. Dollar 42.71 pesos per U.S. dollar (June 2020)
            Language Spanish, Portunol, Brazilero (Portuguese-Spanish mix on the Brazilian frontier)
            Capital Montevideo
            Population of Capital City 1.745 million (2020)
            Time Zone UTC – 3
            Seasons Temperate. Warm summers and cold winters.
            International Dialing Code 598
            Electricity 220V / 50 Hz. Plug Type: C, F, I, L
            System of Government Constitutional Republic
            Current Leader President Luis Lacalle Pou (since March 1, 2020)
            Restrictions on Foreign Ownership of Property None
            Local Chamber of Commerce Rincon 454 P.2
            Montevideo 11000
            Tel: 598-2-916-12-77
            American Chamber of Commerce www.ccuruguayusa.com
            Plaza Indepencia 831
            Office 209
            Montevideo 11000
            Tel: 598-2-908-91-86
            Primary Exports Beef, soybeans, cellulose, wheat, rice, wood, wool, dairy products.
            Residency and Visa Requirements ourist Visa: automatic 90 days upon entry.
            Residency: Unlike most countries, the Uruguayan residency process is designed to take place in Uruguay, not at a consulate overseas. So you come to Uruguay and petition for residency in-country. The process for obtaining residency is fairly straightforward, with low qualifying thresholds.Citizenship:After legal residence for five years if you practice any art, science, or industry in Uruguay.More on Visas, Residency, and Citizenship in Uruguay
            Special Benefits for Foreign Residents or Retirees Uruguay offers a number of advantages as a place of residency and as a tax domicile, as foreign residents have the same rights as citizens and Uruguay does not tax worldwide income. You get your residency card near the beginning of the process, rather than at the end. So you can enjoy all the benefits of being a Uruguayan resident while you wait.
            National Airline PLUNA
            www.airclass.com.uy
            Kathleen

            Reviewed By Kathleen Peddicord

            Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

            Start Your New Overseas Life Today

            A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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              Uruguay Facts and Figures- FAQs

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              Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

              Portugal is known for Fado music and also for being the largest cork producer in the world.

              Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

              Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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