FX.co ★ Uruguay GDP Growth Accelerates in Q1

Uruguay’s GDP expanded by 0.9% year-on-year in the first quarter of 2026, picking up from the modest 0.1% increase registered in the previous quarter. Growth was broad-based, with nine of the twelve major sectors recording gains. Financial services led the expansion with a 3.1% increase, followed by transport and warehousing, and information and communications, both up 2.2%. Commerce, restaurants and food services grew by 1.4%, while manufacturing advanced 1.3%. In contrast, agriculture, fishing and mining shrank by 3.7%, construction declined 3.4%, and public administration activities fell 0.8%.