Global CityIntelligence

Economy & jobs

Economy and jobs in Montevideo

Montevideo has a government- and services-oriented economy with strengths in government, finance and education.

Economy type
Government center
Economy score
72/100

Economy overview

Montevideo has a government- and services-oriented economy with strengths in government, finance and education.

Montevideo, Uruguay is classified as a government center in our deterministic economy index. These are planning estimates derived from country economic priors and existing city signals — not measured GDP or labour-market statistics. Data year 2025; last updated 2026-05-16.

Key industries

The sectors that most shape the local economy, derived deterministically from country and city signals.

Key industries

  • Government
  • Finance
  • Education
  • Tourism
  • Technology
  • Healthcare

Employment outlook

The breadth of the labour market and where opportunities concentrate.

Employment outlook

Employment72/100
Job market71/100

Montevideo's labour market is strong, with opportunities concentrated in technology, education and research and finance and professional services.

Salary potential

Estimated pay levels and how far local incomes stretch against the cost of living.

Salary potential

Salary potential73/100
Affordability-adjusted income73/100

The affordability-adjusted income score combines estimated pay with the local cost of living, indicating how far a typical income stretches in Montevideo.

Business environment

Conditions for operating and growing a business locally.

Business environment

Business environment72/100

This reflects infrastructure, institutional capacity, and the scale of the local market relative to peer cities.

Startup ecosystem

How supportive the local ecosystem is for new ventures.

Startup ecosystem

Startup ecosystem70/100
Innovation70/100

The startup ecosystem in Montevideo is strong, supported by universities and skilled talent, a favourable business environment and strong infrastructure.

Remote work suitability

Suitability for remote and distributed work.

Remote work suitability

Remote work71/100
Remote job availability73/100

Montevideo offers solid infrastructure and amenities for remote professionals, with a remote-work score of 71/100.

Career opportunities

Overall career opportunity and how it breaks down by sector.

Career opportunities

Overall career opportunity72/100
Technology69/100
Healthcare63/100
Finance67/100
Manufacturing54/100
Tourism63/100
Education67/100

Economy score

A 0–100 composite of employment, salary, business environment, startups, innovation, remote work, and affordability-adjusted income. Used consistently across the platform.

Economy score

Economy score72/100
Employment72/100
Salary73/100
Business environment72/100
Startup ecosystem70/100
Innovation70/100
Remote work71/100

Jobs score

A 0–100 labour-market composite and its sector components.

Jobs score

Job market71/100
Technology69/100
Healthcare63/100
Finance67/100
Manufacturing54/100
Tourism63/100
Education67/100
Remote availability73/100
Career opportunity72/100

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Continue researching this city across the platform's other planning surfaces.

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