Uruguay

While Uruguay is wealthy on a per capita basis, its recent GDP growth rate of 0.742% is quite sluggish. This low growth suggests the economy may be struggling to expand or is maturing, potentially limiting job creation needed to combat the 8.355% unemployment rate.

Uruguay has successfully achieved 100% access to electricity for its population. This milestone is crucial for economic development and quality of life, positioning it ahead of many countries globally in terms of basic infrastructure access.

Uruguay exhibits outstanding performance in key human development metrics, achieving near-perfect literacy and very low infant mortality. These figures reflect a robust public health and education system often associated with developed countries.

Uruguay is one of the most urbanized nations globally, with 95.544% of its population living in urban areas, primarily around the capital, Montevideo. This high concentration implies significant pressure on urban infrastructure but also simplifies the delivery of public services.