5 Fastest Growing Countries In Latin America

In this piece, we will take a look at the five fastest growing countries in Latin America. For more countries, head on over to 12 Fastest Growing Countries In Latin America.

5. Oriental Republic of Uruguay

2023 Projected Real GDP Growth Rate According to IMF: 3.6%

The Oriental Republic of Uruguay is a South American country with a $96 billion GDP. It is also one of the most peaceful and progressive countries in the world. Uruguay relies primarily on food and agricultural products for its exports, with the biggest share going to beef. It also exports significant amounts of malt, rice, and wood pulp. China is Uruguay’s largest import and export partner, as it represents an equal proportion of Uruguayan imports and exports.