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Analysis: Uruguay’s economy is on track to reach pre-pandemic levels by 2022

RIO DE JANEIRO, BRAZIL - After the economy grew faster than expected in the second quarter (+0.9%), the recovery will likely accelerate in the second half of the year. Although the heterogeneity of individual situations remains, the continued improvement in the health situation has led to a significant recovery in the sectors most affected by the mobility restrictions.

With the complete opening of the borders in November, attention is now focused on the extent to which tourism, the country's primary industry without chimneys, will recover, especially in terms of its impact on employment.

Most leading indicators of economic activity . . .

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