Chile 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 Chile at 63/100. 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
62
Economic strength
62
72
Political stability
Uruguay leads
78
68
Business climate
68
65
Financial maturity
Chile leads
58
58
Growth outlook
Chile leads
52
Macro snapshot
335
GDP (USD bn)
+258.0 bn
77
2.0%
GDP growth (%)
-1.0 pp
3.0%
$16,800
GDP per capita (USD)
-5200.0
$22,000
4.5%
Inflation (%)
-1.0 pp
5.5%
4.2%
FDI (% of GDP)
+1.4 pp
2.8%
38%
Public debt (% of GDP)
-20.0 pp
58%
20
Population (M)
+16.6M
3.4
Chile: strong sectors
- Mining (Copper/Lithium)14.0% of GDP92
- Agriculture3.0% of GDP72
- Financial Services5.0% of GDP68
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: Chile or Uruguay?
Our composite investment index gives Chile a score of 63/100 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 Chile a safer market than Uruguay?
Risk classification puts Chile 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: Chile or Uruguay?
Chile is currently growing at 2.0% per year, vs 3.0% for Uruguay. Uruguay has the faster headline growth rate today.