5 Most Advanced Countries in Latin America

Oriental Republic of Uruguay

Human Development Index: 0.809

Uruguay exports wool, rice, soybeans, frozen beef, malt, and milk. This thriving export industry has created a stable economy for Uruguayans, with a per capita GDP of $21.38 thousand. Uruguay also ranks first in Latin America for democracy, peace, press freedom, middle-class size, and prosperity. With 3 million visitors in 2019, Uruguay is a popular tourist destination known for its stunning scenery, vibrant cities, and rich culture. The country is home to some of the most iconic landmarks in the world, such as the Iguazu Falls, the Perito Moreno Glacier, and the Casa Rosada presidential palace.