Uruguay GDP Growth Slows in Q2 2025

2025-09-15 20:16 By Isabela Couto 1 min. read

Uruguay’s GDP grew 2.1% year-on-year in Q2 2025, slowing from 3.6% in the previous quarter, reflecting softer activity across key sectors.

Growth was supported by agriculture, fishing, and mining, which expanded 10.6% after 6.3% in Q1, and by manufacturing, up 7.6% though easing from 17.9%.

Financial services also contributed positively, rising 4.8% after 5.1%.

On the downside, utilities contracted 7.9% after a 3.5% drop, while construction slipped 0.2% following a 1.5% decline.

Trade, lodging, and food services posted marginal growth of 0.3%, down from 2.5%, while transport and communications fell 0.3% after a 1% drop.

Overall, gross value added rose 1.9% from 3.3% previously, and net taxes on products advanced 3.3%, maintaining the same pace as in Q1.



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