Uruguay's service sector has emerged as a key driver of economic success, underscored during the Uruguay Global Services Day on September 12, 2024. Foreign Minister Omar Paganini highlighted the strategic importance of this sector, noting that service exports reached $3.016 billion in 2023, accounting for 30% of the country's total exports. The positive business climate is reflected in the satisfaction of 84% of foreign companies operating in Uruguay. Additionally, the skilled workforce in the service sector has seen growth, increasing from 33,000 in 2022 to 36,000 in 2023. Notably, over 90% of Uruguay's electricity is generated from renewable sources, showcasing the country’s commitment to sustainability. However, challenges remain, including competition from neighboring countries like Argentina and Brazil, necessitating continued investment in education and innovation to maintain growth and competitiveness in the global market. [0d7bf144]