Economic Report – Uruguay: Moderate Growth in 2025 Uruguay

Economic Report – Uruguay: Moderate Growth in 2025 Uruguay is projecting moderate economic growth for 2025, within a framework of regional stability and emerging challenges.

The national economy continues on a path of sustained recovery, though at a slower pace compared to previous years

Growth is being supported by improvements in key sectors such as tourism and trade, along with a modest rise in public and private investment. However, structural limitations like low productivity in certain industries and global economic uncertainty pose risks to stronger expansion. Policymakers are focusing on maintaining macroeconomic stability, with eorts to keep ination in check and manage scal spending, while exploring reforms aimed at improving competitiveness. This year’s expected growth will likely be lower than in 2024, which reects a natural adjustment after a particularly active period, rather than a sign of decline. Uruguay remains a trustworthy economy in the region, though further steps are needed to strengthen its long-term growth potential