Top Industries in Montevideo
Montevideo is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Montevideo include:
Technology
The technology sector in Montevideo is thriving, with a focus on software development, IT services, and digital innovation. Companies are actively seeking skilled professionals to support their growth and expansion.
Range: $50-$120k
Growth rate: 15%
Some job openings:Globant is hiring: Software Engineer, Data Analyst
Finance
Montevideo's finance sector is robust, with a strong presence of both local and international banks. The demand for financial analysts and compliance officers is on the rise.
Range: $60-$110k
Growth rate: 10%
Some job openings:BBVA is hiring: Account Manager, Risk Analyst
Logistics
The logistics industry in Montevideo is expanding, driven by the city's strategic position as a port city. There is a growing need for supply chain managers and logistics coordinators.
Range: $45-$90k
Growth rate: 12%
Some job openings:DHL is hiring: Warehouse Manager, Transport Planner
Renewable Energy
Renewable energy is an emerging sector in Montevideo, with investments in wind and solar power projects. The industry is creating opportunities for engineers and project managers.
Range: $55-$100k
Growth rate: 18%
Some job openings:UTE is hiring: Project Manager, Electrical Engineer
Enercon is hiring: Wind Turbine Technician, Site Manager
Biotechnology
Biotechnology is gaining momentum in Montevideo, with a focus on research and development. There is a demand for biochemists and laboratory technicians.
Range: $50-$95k
Growth rate: 20%
Some job openings:Biogen is hiring: Research Scientist, Lab Technician
Genzyme is hiring: Clinical Research Associate, Quality Control Analyst
Employment Trends and Growth Rates
Montevideo is witnessing a steady increase in employment opportunities, particularly in technology and renewable energy sectors.
The city's job growth rate is projected to be around 3.5% annually, with technology and logistics leading the charge.
Income inequality remains a concern, with efforts underway to address disparities through education and skill development programs.
Job turnover rates are moderate, with a noticeable shift towards more stable, long-term employment in key industries.
Job Market for Remote and Freelance Workers in Montevideo
Remote work is becoming increasingly popular in Montevideo, with approximately 30% of the workforce engaged in remote roles.
The technology and marketing sectors are at the forefront of this trend, offering numerous remote job opportunities.
Local companies like Globant and Tata Consultancy Services are embracing remote work, providing flexible options for employees.
Montevideo's job market is adapting to the global shift towards remote work, with a growing number of positions available in this format.
Job Resources and Networking
Montevideo offers a variety of job resources, including local job boards and career fairs.
Key resources include Indeed, LinkedIn, and Glassdoor for national opportunities.
Local platforms such as BuscoJobs and Gallito Luis provide city-specific job listings.
Networking events and career development centers are available to support job seekers in Montevideo.
Property Prices Rankings
Montevideo ranks
1st on the Property Prices rankings in Uruguay.
The Property Prices Rankings for Uruguay evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025