Uruguay [+]Compare [E]dit [H]istory

Aliases: Banda Oriental, Cisplatine Province, Oriental Republic of Uruguay, Republica Oriental del Uruguay

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Object «Uruguay» has attributes

Attribute Value
Geography
Area 176,215 km²
Continent South America
Land area 175,015 km²
Water area 1,200 km²
Land boundaries 1,591 km
Border countries
  • Argentina
  • Brazil
Coastline 660 km
Mean elevation 109 m
Lowest point 0 m
Highest point 514 m
People
Population 3,387,605
Official languages
  • Spanish
Religion Roman Catholic
Government
Long country name Oriental Republic of Uruguay
Short country name Uruguay
Long local name Republica Oriental del Uruguay
Short local name Uruguay
Former name
  • Banda Oriental
  • Cisplatine Province
Government type Presidential republic
Capital Montevideo
Economy
GDP (PPP) 78,160,000,000 USD
GDP (OER) 59,180,000,000 USD
GDP (real growth rate) 2.7 %
GDP - per capita (PPP) 22,400 USD
Gross national saving 17.2 % of GDP
Labor force 1,748,000
Unemployment rate 7.6 %
Population below poverty line 9.7 %
Budget revenues 17,660,000,000 USD
Budget expenditures 19,720,000,000 USD
Military expenditures 1.95 % of GDP
Taxes and other revenues 29.8 % of GDP
Budget surplus or deficit -3.5 % of GDP
Public debt 65.7 % of GDP
Inflation rate 6.2 %
Central bank discount rate 9 %
Commercial bank prime lending rate 13.83 %
Stock of narrow money 5,068,000,000 USD
Stock of broad money 5,068,000,000 USD
Stock of domestic credit 20,840,000,000 USD
Market value of publicly traded shares 175,400,000 USD
Current account balance 879,000,000 USD
Exports 11,410,000,000 USD
Imports 8,607,000,000 USD
Reserves of foreign exchange and gold 15,960,000,000 USD
External debt 28,370,000,000 USD
National currency Uruguayan pesos
National currency (code) UYU
National currency (symbol) $U
National currency rate to USD 28.77

Montevideo, founded by the Spanish in 1726 as a military stronghold, soon took advantage of its natural harbor to become an important commercial center. Claimed by Argentina but annexed by Brazil in 1821, Uruguay declared its independence four years later and secured its freedom in 1828 after a three-year struggle. The administrations of President Jose BATLLE in the early 20th century launched widespread political, social, and economic reforms that established a statist tradition. A violent Marxist urban guerrilla movement named the Tupamaros, launched in the late 1960s, led Uruguay's president to cede control of the government to the military in 1973. By yearend, the rebels had been crushed, but the military continued to expand its hold over the government. Civilian rule was restored in 1985. In 2004, the left-of-center Frente Amplio Coalition won national elections that effectively ended 170 years of political control previously held by the Colorado and National (Blanco) parties. Uruguay's political and labor conditions are among the freest on the continent.

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There was one edit, no edits waiting approval. Last edited by wilkinson.michael(9581), Sep 16, 2019 (65 fields were changed)
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