Growth projected by the IMF
The International Monetary Fund (IMF) issued its World Economic Outlook, April 2018 report, in which it projects that Uruguay’s economy will see a growth of 3.4 percent in its Gross Domestic Product (GDP) in 2018 and of 3.1 percent in 2019.
The IMF report notes that the global economic upswing has become broader and stronger and it forecasts that growth in emerging market and developing economies will rise.