Uruguay Economy Shrinks in Q2 2026

2026-09-15 20:49 By Isabela Couto 1 min. read

Uruguay’s GDP declined 0.5% year over year in the second quarter of 2026.

The agriculture, fisheries and mining sectors contracted 22.2%, reflecting a poor soybean yield in the 2025/2026 harvest season due to drought, as well as a challenging comparison with the previous season, which ended with a historically high yield.

Manufacturing grew 1.9%, driven by stronger cellulose pulp production.

Trade, accommodation, and food and beverage services increased 2.8%, supported by the performance of the trade sector.

Construction grew 4.2%, driven by increased investment in both nonresidential buildings and other construction projects.



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Uruguay Economy Shrinks in Q2 2026
Uruguay’s GDP declined 0.5% year over year in the second quarter of 2026. The agriculture, fisheries and mining sectors contracted 22.2%, reflecting a poor soybean yield in the 2025/2026 harvest season due to drought, as well as a challenging comparison with the previous season, which ended with a historically high yield. Manufacturing grew 1.9%, driven by stronger cellulose pulp production. Trade, accommodation, and food and beverage services increased 2.8%, supported by the performance of the trade sector. Construction grew 4.2%, driven by increased investment in both nonresidential buildings and other construction projects.
2026-09-15
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2026-06-15
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