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A consolidated technology and innovation hub
A long history of political, social, and macroeconomic stability, and the existence of a consolidated and dynamic innovation ecosystem make Uruguay a regional technology hub and a global provider of IT solutions. With sustained growth over the last two decades, it currently accounts for 4.4% of the national GDP and generates more than 20,000 jobs.
Its strategic location as a gateway to the region, its time zone halfway between the United States and Europe, and its cutting-edge technological infrastructure facilitate business and access to large global markets.
The development opportunities offered by Uruguay's IT industry are wide-ranging, with companies with proven track records in custom software development, as well as companies specializing in smart cities, gaming, agtech, fintech, healthtech, artificial intelligence and augmented reality, and cybersecurity.
With exports worth US$ 2 billion in 2023, Uruguay is the second largest exporter of software per capita in Latin America. Although it reaches more than 50 markets, IT service exports to the United States account for 80%. Other export destinations include the United Kingdom, Spain, Canada, France, Chile, Colombia, Argentina, Panama, Mexico, Paraguay, and Peru.
Need more information?
Complete the form below and contact our sector specialist.
Irene Tayler
ICT Specialist