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Uruguay INDUSTRY
http://www.photius.com/countries/uruguay/economy/uruguay_economy_industry.html
Sources: The Library of Congress Country Studies; CIA World Factbook
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    Uruguay's industries, including construction, mining, and energy, generated 33 percent of GDP in 1988. These industries underwent most of their development behind high tariff barriers in the 1950s. As a consequence, the industrial sector was geared mostly to the domestic market. The small size of the internal market limited the growth of manufacturing and prevented many industries from achieving economies of scale. In addition, the substantial level of protection meant that Uruguayan consumers paid high prices for domestically produced goods, which faced no international competition. During the 1970s and 1980s, Uruguay's protectionist apparatus was partially dismantled, and industry began adjusting to the world market.

    Data as of December 1990


    NOTE: The information regarding Uruguay on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Uruguay INDUSTRY information contained here. All suggestions for corrections of any errors about Uruguay INDUSTRY should be addressed to the Library of Congress and the CIA.

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Revised 09-Nov-04
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