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About Uruguay

Why Uruguay

Uruguay: the leading IT exporter in Latin America

Uruguay is the largest exporter of software in South America. It exports around $150 million of software, and this figure is expected to exceed $500 million in the next five years. (Secretary of Commerce Carlos M. Gutierrez at the Uruguayan-American Chamber of Commerce, Montevideo, Uruguay, October 2007) [+].

This is an outstanding amount for a country of only 3,3 million people, with 33% of its production being exported (CUTI) to more than 50 markets around the world.

In addition, the country itself has other advantages for those who want to do business, such as:

Government Support

In Uruguay, the IT sector is considered a priority by the national government, while exporting software has no taxes, with the predictable consequences of lower prices for the same quality. One of the main objectives of the country is to be a leader in technology, with highly qualified professionals to be able to compete globally.

Skilled workforce

The highly trained Uruguayan workforce has been able to adapt to new technologies and trends, increasing overall productivity. This growing IT industry has 0% unemployment at this time.

Literacy and Education

With a high educational level (Uruguay has the highest literacy rate in Latin America), the Uruguayan Software Engineer has a solid academic base, in addition to a well-developed training program, due to being one of the first latinamerican countries to offer a program of software engineering as a career, in 1967, when such an education was rare in the world.

Time zone

Uruguay's geographic location (GMT - 3) is ideal for doing business with U.S. and Europe.

For all these reasons, Uruguay can be considered one of the best choices for outsourcing your software development projects.

About Uruguay


Uruguay - Punta del Este
Uruguay - Punta del Este
Uruguay - Montevideo

Area: 176,000 sq. km. (68,000 sq. mi.)
Cities: Capital-Montevideo.
Climate: Temperate.
Uruguay shares borders with Argentina and Brazil

Population (2006): 3.3 million.
Language: Spanish.
Education: Literacy (2004): 97.7%.
Ethnic groups (est.): European descent 93%, African descent 6%, mestizo 1%.

Uruguay has a rich heritage in artistic, literary, writers, musician traditions. Tango and candombe are some of the main styles of music of the country.

There is no official religion while there is an important percentage of Catholics.

Type: Republic.
Branches: Executive-president (chief of state and head of government). Legislative-General Assembly consisting of a 99-seat Chamber of Deputies and a 30-seat Senate. Judicial-Supreme Court of Justice.

Services sector represent about 60% of GDP.

The main sport in Uruguay is football. The Uruguay national football team is one of only five nations to win the FIFA World Cup on two or more occasions.

Uruguay had the second highest Human Development Index (HDI) score in 2002. Uruguay also has a more equitable income distribution than most countries in the region.

Due to its long history of political and social stability, Montevideo has earned the title as the second best city in South America in providing quality of life. (ECLAC, i.e. CEPAL, 2002).