The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Uruguay  
Rank: 85 · Score: 34.8  

Basic facts, 2020        
Population (millions) 3.4   IPOs and pulic issues (quartile) 2nd
GDP (US$ billions) 48.0   M&A volume (quartile) Bottom
GDP per capita (US$) 13,978.2   Venture capital investments (quartile) Bottom
GDP growth (per cent) -5.2   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 85 37, 38, 38, 39, 40 34.8
1 Economic Activity 84 48, 48, 48, 43, 41 66.0
2 Depth of Capital Market 95 26, 28, 28, 28, 30 12.1
3 Taxation 64 42, 43, 64, 65, 61 95.3
4 Investor Protection and Corporate Governance 59 73, 72, 72, 68, 66 66.5
5 Human and Social Environment 63 81, 81, 81, 70, 62 31.0
6 Entrepreneurial Opportunities 59 64, 66, 65, 65, 66 49.9


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Uruguay  
Latin America
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Argentina 75.2 45.3 95.7 53.3 27.5 50.6
Panama 70.4 31.6 75.6 62.1 24.8 36.3
Jamaica 56.5 26.2 95.4 67.5 31.4 37.6
Uruguay 66.0 12.1 95.3 66.5 31.0 49.9
Ecuador 72.2 11.5 91.2 44.7 23.3 36.9
Bolivia 68.0 13.9 55.5 23.3 17.6 32.3
Dominican Republic 74.3 7.4 92.8 54.0 22.9 25.1
Last updated: 21 Jun 2021