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December 23, 2021
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Uruguay’s GDP grew 5.9% in year-on-year terms

Uruguay's GDP grew 5.9% in year-on-year terms

This Wednesday, December 22, the BCU assured that the Uruguayan economy “completes two consecutive quarters of growth”, which according to the economic team is reflected in the “recovery of employment, with the creation of more than 42,000 jobs on average , between January and October of this year ”.

Dynamism

The BCU report states that “all sectors of economic activity are dynamic, and that” Commerce “,” Accommodation “and” Food supply “,” Health “,” Education “and” Real estate activities “are the main drivers of growth.

From the perspective of spending, “external demand showed a growth in the physical volume of exports of 28.5%, while imports increased 27.6%, the BCU reported.

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