Brazil vs Uruguay
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax, to help you decide where to invest, incorporate, or relocate.
Overall: Uruguay ranks higher
Uruguay scores 66/100 on our composite investment index, ahead of Brazil at 52/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
52
Economic strength
Uruguay leads
62
42
Political stability
Uruguay leads
78
48
Business climate
Uruguay leads
68
50
Financial maturity
Uruguay leads
58
65
Growth outlook
Brazil leads
52
Macro snapshot
2,170
GDP (USD bn)
+2093.0 bn
77
2.9%
GDP growth (%)
-0.1 pp
3.0%
$10,100
GDP per capita (USD)
-11900.0
$22,000
4.6%
Inflation (%)
-0.9 pp
5.5%
3.0%
FDI (% of GDP)
+0.2 pp
2.8%
88%
Public debt (% of GDP)
+30.0 pp
58%
216
Population (M)
+212.6M
3.4
Brazil: strong sectors
- Agriculture (Agribusiness)6.0% of GDP90
- Mining4.0% of GDP78
- Energy5.0% of GDP75
- Financial Services8.0% of GDP72
Uruguay: strong sectors
- Renewable Energy4.0% of GDP72
- Agriculture7.0% of GDP68
- Technology5.0% of GDP65
- Tourism6.0% of GDP58
Frequently asked
Which is better for investment: Brazil or Uruguay?
Our composite investment index gives Brazil a score of 52/100 and Uruguay a score of 66/100. Uruguay ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Brazil a safer market than Uruguay?
Risk classification puts Brazil as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Uruguay as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Brazil or Uruguay?
Brazil is currently growing at 2.9% per year, vs 3.0% for Uruguay. Uruguay has the faster headline growth rate today.