NationsData
Country Comparison

Canada 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.

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Canada

North America

Leader
83/ 100Safe
Credit: AAAGDP: $2,140bn
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Uruguay

Latin America & Caribbean

66/ 100Moderate
Credit: NRGDP: $77bn

Overall: Canada ranks higher

Canada scores 83/100 on our composite investment index, ahead of Uruguay at 66/100. 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

82

Economic strength

Canada leads

62

90

Political stability

Canada leads

78

85

Business climate

Canada leads

68

80

Financial maturity

Canada leads

58

72

Growth outlook

Canada leads

52

Macro snapshot

2,140

GDP (USD bn)

+2063.0 bn

77

1.5%

GDP growth (%)

-1.5 pp

3.0%

$54,000

GDP per capita (USD)

+32000.0

$22,000

2.8%

Inflation (%)

-2.7 pp

5.5%

2.2%

FDI (% of GDP)

-0.6 pp

2.8%

106%

Public debt (% of GDP)

+48.0 pp

58%

40

Population (M)

+36.6M

3.4

Canada: strong sectors

  • Energy8.0% of GDP88
  • Mining5.0% of GDP82
  • Financial Services7.0% of GDP80
  • Technology6.0% of GDP78

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: Canada or Uruguay?

Our composite investment index gives Canada a score of 83/100 and Uruguay a score of 66/100. Canada ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.

Is Canada a safer market than Uruguay?

Risk classification puts Canada as safe (Strong fundamentals, stable governance, favorable investment climate) and Uruguay as moderate (Growing economy with manageable risks - suitable for diversified portfolios).

Which has higher GDP growth: Canada or Uruguay?

Canada is currently growing at 1.5% per year, vs 3.0% for Uruguay. Uruguay has the faster headline growth rate today.

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