Uruguay ranks second in the region on economic freedom, income equality, per-capita income and inflows of FDI. Uruguay is the third-ranked country in South America in HDI, GDP growth, innovation and infrastructure. Uruguay is an important global exporter of combed wool, rice, soybeans, frozen beef, malt and milk. Uruguay is known for using clean energy and renewable energy with mostly hydroelectric facilities and wind parks. It is also regarded as one of the most liberal nations in the world.
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