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Uruguay

#42 globallyLatin America

Average salary: $16,000/year Β· Currency: UYU $

Mean Annual Salary

$16,000

gross USD

Median Annual Salary

$12,000

gross USD

GDP per Capita

$17,191

current USD

PPP Factor

Γ—0.50

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$12,000
Income Tax$1,716
Social Security$660
Health Insurance$264

Take-Home (Net) Annual

$9,360

Effective Tax Rate

22.0%

* Based on median salary of $12,000. Estimated combined rate. Consult a tax professional for accurate calculations.

πŸ‡ΊπŸ‡Ύ Uruguay Economic Overview

Currency

UYU ($)

Region

Latin America

Population

3.6M

Gini Coefficient

0.407

Cost of Living Index

50 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Latin America Mean$9,636
Uruguay Mean$16,000

Global Ranking

#42

out of 117 countries

by average salary

About Salaries in Uruguay

The average annual salary in Uruguay is approximately $16,000 (gross, in USD), with a median of $12,000. The country ranks #42 out of 117 countries by average salary.

At the median salary, workers in Uruguay take home approximately $9,360 after taxes β€” an effective tax rate of 22.0%. The purchasing power parity factor of Γ—0.5 means that in real terms, living costs are lower than in the United States.

Uruguay is located in the Latin America region. Income inequality, measured by the Gini coefficient, is 0.407 (high inequality).