Market Intelligence Reports

Global Market Report Q4 2021

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33 Uruguay 1,598 1,588 1,579 1,523 1,611 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 9.5% 10.5% 11.0% 9.7% 9.4% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 1,778 Employed Workers (000s) 1,611 Unemployed Workers (000s) 167 Unemployment Rate 9.4% Working Population (in Thousands) Over Time Unemployment Rate Over Time 79% - First Vaccine Dose (December 2021) Covid Update Vaccines are not mandatory. 13% 25% 22% 0% 25% 50% 75% Employer Tax Profit Tax VAT Uruguay Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $893 $993 $2.31 $0 $5 $10 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Uruguay Regional Average Labor Force Statistics 49% 48% 48% 47% 43% 16% 15% 15% 13% 11% 65% 64% 64% 63% 62% 0% 20% 40% 60% 80% 2016 2017 2018 2019 2020 15-24 years 65+ years Total Labor Force Participation Rate by Selected Age Group New law regulating teleworking. Year on year inflation was 7.9% in November. ILOSTAT Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/

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