Uruguay’s public debt is an area of concern, as it is currently more than half the country’s annual GDP. Services, agriculture, and manufacturing, are the biggest industries in the country, representing 71.9%, 20.6%, and 7.5% of the GDP respectively.

Is Uruguay religious?

Although the majority of Uruguayans do not actively practice a religion, they are nominally members of the Catholic church. Other religious groups in Uruguay include the Jehovah’s Witnesses and the Mennonites. It is widely considered the most secular nation in the Americas.

Which is the largest industry sector in Uruguay?

Food and beverage products are the largest single manufacturing sectors, with food processing accounting for 25% of production and beverages accounting for 11% in 2018. Prepared rice, chocolate, cookies, and pasta are the main exports of Uruguay.

What foods are the main exports of Uruguay?

Prepared rice, chocolate, meat, cookies, and pasta were the main exports, although frozen foods have been growing steadily in value. This sector of industry has been the recipient of almost 50 percent of all new foreign investment in Uruguay.

What kind of energy resources does Uruguay have?

Uruguay imports crude and refined oil from other countries. It produces different types of petroleum products. Uruguay is endowed with renewable energy resources and the country produces 95% of its electricity from alternative energy sources. During the last decades the software industry has developed considerably.

Where are the main food processing plants in Uruguay?

The main markets for processed foods and beverages are Uruguay’s MERCOSUR partners. The nation’s principal food processing plants are concentrated in the towns of Fray Bentos and Paysanduu. Since 1997, most other industries in Uruguay have experienced declines in production and value.