Uruguay investment appeal rests on rare stability: the lowest country risk in the region and a calm, open economy global banks now liken to Singapore.
South America · Economy
Key Facts
—The label. Global banks led by BTG Pactual increasingly call Uruguay the “Singapore of Latin America.”
—The size. A small country of about 3.4 million people, with an economy near $96 billion ($96bn).
—The edge. Uruguay carries the lowest country risk in the region and a solid investment-grade credit rating.
Uruguay has spent two decades building a reputation that few countries in the region can match.
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