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Home » Central and South America » What is the annual income in Uruguay?

What is the annual income in Uruguay?

December 14, 2021 by Sadie Daniel

Uruguay Annual Household Income per Capita reached 6,926.762 USD in Dec 2020, compared with the previous value of 9,212.382 USD in Dec 2019. Uruguay Annual Household Income per Capita data is updated yearly, available from Dec 2006 to Dec 2020, with an averaged value of 8,733.842 USD.

Contents

What is the average annual income in Uruguay?

Median Income by Country 2021

Country Median Income Mean Income
Uruguay $7,533 $9,888
Malaysia $7,512 $10,200
Croatia $7,196 $8,008
Greece $6,936 $8,131

How much do people make in Uruguay?

The average salary in Montevideo as of 2021 is 30,000 UYU or approximately 707 USD. The average salary in Montevideo is currently among the highest among South American countries. The cost of living in Montevideo is moderately expensive though.

How much does it cost to live comfortably in Uruguay?

A retired couple could enjoy a fairly comfortable lifestyle in Uruguay for between $1,500 and $2,000 per month.

What is the cost of living in Uruguay?

Family of four estimated monthly costs are 2,320$ (102,340$U) without rent. A single person estimated monthly costs are 653$ (28,822$U) without rent. Cost of living in Uruguay is, on average, 26.65% lower than in United States. Rent in Uruguay is, on average, 66.60% lower than in United States.

What is a good salary in Uruguay?

Find out the average monthly salary in Uruguay

Montevideo Rest of Uruguay
Average household income 78,388 pesos 1,848 USD* 53,501 pesos 1,262 USD
Average per capita income 24,949 pesos 588 USD 17,139 pesos 404 USD

What is the minimum wage in Uruguay?

10,000 Uruguayan pesos per month
What is the Uruguay Minimum Wage? Uruguay’s Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid. Uruguay’s minimum wage is 10,000 Uruguayan pesos per month.

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What is the monthly salary in Uruguay 2021?

In the long-term, the Uruguay Average Nominal Wages is projected to trend around 38000.00 UYU/Month in 2021 and 39000.00 UYU/Month in 2022, according to our econometric models.

What is the most common job in Uruguay?

Economy of Uruguay

Statistics
Labor force by occupation agriculture: 13% industry: 14% services: 73% (2010 est.)
Unemployment 11.1% (February 2021)
Main industries food processing, electrical machinery, transportation equipment, petroleum products, textiles, chemicals, beverages
Ease-of-doing-business rank 101st (medium, 2020)

How much do doctors make in Uruguay?

Salary rankings by profession

Job type Median salary (USD) Salary ranking compared to all cities
Attorney $24,054 213/265
Physician $23,980 212/265
Office Manager $23,182 188/265
Finance Manager $22,874 225/265

Is Uruguay safe to live?

Uruguay is a small country with a small population (around 3.5 million) on the east coast of South America. While the good old days of almost no crime are gone, Uruguay is still safer than most other countries.For perspective, the 2020 Peace Index ranks Uruguay 35th out of 163 countries.

Why is Uruguay so rich?

Uruguay has always been a relatively prosperous nation in the scheme of the Americas. Driven largely by beef, wool, crops and dairy products, the country’s economy has been growing due to increasingly trade-focused governments since the dictatorship during the 1970s.

Does Uruguay tax foreign income?

Currently, no foreign income is taxed in Uruguay, including wages earned abroad or income from assets located overseas.

Is English widely spoken in Uruguay?

English is not widely spoken in Uruguay overall. It is slightly more prevalent in the major cities like Montevideo, Colonia and Punte del Este, but still not guaranteed to be spoken.Uruguay is nestled between Brazil and Argentina in the south east of South America.

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Is there a lot of crime in Uruguay?

Since 2016, Uruguay has experienced a dramatic increase in crime to include armed robberies, carjackings, homicides, vehicle break-ins, theft, residential break-ins, and assaults.While the rate of homicides fell slightly to 11.1 per 100,000 people, it remains among the highest in South America’s southern cone.

How much is a gallon of gas in Uruguay?

For comparison, the average price of gasoline in the world for this period is 355.03 Peso Uruguayo.
Uruguay Gasoline prices, 22-Nov-2021.

Uruguay Gasoline prices Litre Gallon
USD 1.595 6.038
EUR 1.420 5.375

What is the poverty rate in Uruguay?

Uruguay poverty rate for 2019 was 3.20%, a 0.2% increase from 2018. Uruguay poverty rate for 2018 was 3.00%, a 0.1% increase from 2017. Uruguay poverty rate for 2017 was 2.90%, a 0.8% decline from 2016. Uruguay poverty rate for 2016 was 3.70%, a 0.3% decline from 2015.

How much snow does Uruguay get?

Snow in Uruguay is extremely rare, at least in the plains. Sometimes it can snow in the two hilly areas located in the south of the country, and where the altitude reaches 500 meters (1,650 feet), the Sierra Carapé (where the Cerro Catedral is located) and the Sierra de las Ánimas.

Is Uruguay a poor country?

With a population of more than 3.4 million and about 60% of them comprising the middle class, Uruguay stands as one of the most economically stable countries in the region. In fact, Uruguay has the lowest poverty rate in South America and is ranked high on such well-being indices as the Human Development Index.

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Is Uruguay a good place to live?

In addition to the friendly locals, the weather, beautiful beaches and stable economy make it a great place to live. Expats in Uruguay have a variety of healthcare options available to them.Expats who move to Uruguay offer a lot of advice about moving there.

What is the unemployment rate in Uruguay?

In 2020, the unemployment rate in Uruguay was at approximately 12.67 percent.
Uruguay: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2019 9.35%
2018 8.34%
2017 7.89%
2016 7.84%

Filed Under: Central and South America

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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