Uruguay Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $5.2 billion (1984), $1,800 per capita; 89% consumption, 13% gross investment, —2 0% foreign; real growth rate 1984, -1.8%

Natural resources: soil, hydroelectric power (potential), minor minerals

Agriculture: large areas devoted to extensive livestock grazing; main crops- -wheat, rice, corn, sorghum, self-sufficient in most basic foodstuffs

Major industries: meat processing, wool and hides, textiles, footwear, leather apparel, tires, cement, fishing, petroleum refining

Electric power: l,350,(XK> kW capacity (1985); 5.2 billion kWh produced (1985), 1,771 kWh per capita

Exports: $925 million (f.o.b., 1984), wool, hides, meat, textiles, leather products, fish, rice, furs

Imports: $732 million (f.o.b., 1984); fuels and lubricants (37%), metals, machinery, transportation equipment, industrial chemicals

Major trade partners· exports—22% LAIA; 21% EC, 8% US, imports—39% LAIA (13% Brazil, 11% Argentina), 15% EC, 7% US (1981)

(formerly New Hebrides)

Aid: economic commitments—US authorized, including Ex-Im (FY70-84), $78 million; other Western countries, ODA and OOF ς1970-8-3I $ 151 million; Communist countries (1970-84), $65 million; military— US authorized (FY70-84) $39 million

Budget: (1983 est.) revenues, $709 million; expenditures, $901 million

Monetary conversion rate: 119.6 new pesos=US$l (November 1985)

Fiscal year: calendar year

NOTE: The information regarding Uruguay on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Uruguay 1986 information contained here. All suggestions for corrections of any errors about Uruguay 1986 should be addressed to the CIA or the source cited on each page.