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Browse Profiles > Uruguay > Business Indicators

	Score	Rank
Standards Compliance Index	25.00 out of 100	61
Business Indicator Index	10.48 out of 12	21

Uruguay

Business Indicators

With an overall score of 10.48/12, Uruguay is at standard on the economic, legal, and political indicator that make up our Business Index. Uruguay has a market-based economy. In 2003, government consumption equaled 11.7 percent of GDP, and 6.59 percent of government revenues came from state-owned enterprises and government ownership of property in 2004. Despite the government's caution with regard to privatization and prohibitions against foreign investors in a couple of sectors, Uruguay encourages foreign investment and recognizes its importance to the country's economy. Foreign investors are granted equal treatment to domestic investors and are offered tax incentives, particularly for exports. Property rights and contracts are recognized by law, and these laws are enforced. Corruption is of no concern to investors, as reflected by Uruguay's ranking of 28th out of 163 countries in Transparency International's 2006 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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