including only companies headquartered in Uruguay*
Supplementary notes
* To be included in the list of the Americas’ fastest-growing companies, a company had to meet the following criteria:
• Revenue of at least $100,000 generated in 2019 (or currency value equivalent according to the average of the actual fiscal year). • Revenue of at least $1.5m generated in 2022 (or currency value equivalent according to the average of the actual fiscal year). • An independent entity (not a subsidiary or branch office of any kind). • Revenue growth between 2019 and 2022 that was primarily organic (i.e. "internally" stimulated)
Additional information about the methodology can be found in the last section of the article.
Citation formats
Uruguay: companies with the highest CAGR 2019-2023
Between 2019 and 2022, MercadoLibre, an e-commerce company, led the ranking of fastest-growing companies in Uruguay. During that period, MercadoLibre showed a compound annual growth rate (CAGR) of 66.17 percent. 1950Labs, focused on technology and software solutions, came in second place with a CAGR of 33.55 percent.
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Financial Times. (April 2, 2025). Fastest growing companies in Uruguay between 2019 and 2023, based on compound annual revenue growth [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1311188/fastest-growing-companies-uruguay/
Financial Times. "Fastest growing companies in Uruguay between 2019 and 2023, based on compound annual revenue growth." Chart. April 2, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1311188/fastest-growing-companies-uruguay/
Financial Times. (2025). Fastest growing companies in Uruguay between 2019 and 2023, based on compound annual revenue growth. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1311188/fastest-growing-companies-uruguay/
Financial Times. "Fastest Growing Companies in Uruguay between 2019 and 2023, Based on Compound Annual Revenue Growth." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 2 Apr 2025, /statistics/1311188/fastest-growing-companies-uruguay/
Financial Times, Fastest growing companies in Uruguay between 2019 and 2023, based on compound annual revenue growth ÌÇÐÄÆÆ½â°æ, /statistics/1311188/fastest-growing-companies-uruguay/ (last visited July 26, 2026)
Fastest growing companies in Uruguay between 2019 and 2023, based on compound annual revenue growth [Graph], Financial Times, April 2, 2025. [Online]. Available: /statistics/1311188/fastest-growing-companies-uruguay/