Source
Central bank

Central Bank of Chile

International Reserves

USD 38.6 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 242.6 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 454.3 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
5.8% 5.2% 3.3% -1.1% 5.8% 5.8% 5.5%
2013 2014 2015 2016* 2017*    
4% 1.8% 2.3% 1.7% 2%    

*Estimate

GDP per capita - current prices

USD 13,196.3 (2017, estimate)

GDP per capita - PPP

Intl$ 24,710.0 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.30% 0.29% 0.36% 0.37% 0.4%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 4% 
  • industry: 32.4% 
  • services: 63.6%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

0.4% (2014)

Inflation
2013 2014 2015 2016* 2017*
1.9% 4.4% 4.3% 4.0% 3.0%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
5.9% 6.4% 6.2% 7.0% 7.6%

*Estimate

Household saving rates

8.9% (Total, 2014)

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
12.8% 15.1% 17.5% 20.4% 23.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-0.5% -1.5% -2.1% -3.2% -2.9%

*Estimate

Government bond ratings

Standard & Poor's: AA-

Moody's: Aa3

Standard & Poor's / Moody's (Updated as of January 24th 2017)

Market value of publicly traded shares
2013 2014 2015
USD 265.2 billion USD 233.2 billion USD 190.4 billion
Largest companies in Chile

Falabella, Cencosud, AntarChile, BCI-Banco Credito, Latam Airlines, Quinenco, Banco de Chile, Empresas CMPC.

 
 
Source
Current account balance

US$ -8.643 billion (2014 estimate)

Current account balance by percentage of GDP

-3.285% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

32.6% (2013)

(Data released on October 2014)

Shares in world total merchandising export

0.43% (2012)

 

Shares in world total commercial services export

0.29% (2012)

 

Total exports

US$77.940 billion (2013 estimate) 

Export commodities

copper, fruit, fish products, paper and pulp, chemicals, wine

Total imports

US$75.700 billion (2013 estimate) 

 
 
Source
Import commodities

petroleum and petroleum products, chemicals, electrical and telecommunications equipment, industrial machinery, vehicles, natural gas

Exports - major partners

China 23.3%, US 12.3%, Japan 10.7%, South Korea 5.8%, Brazil 5.5% (2012)

Imports - major partners

US 22.9%, China 18.2%, Argentina 6.6%, Brazil 6.5% (2012)

FDI inflows
2011 2012 2013
US$23,444 million US$28,542 million US$20,258 million
FDI outflows
2011 2012 2013  
US$20,252 million US$22,330 million US$10,923 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$882 million US$628million US$10,248 million US$2,771 million
Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

LAN Airlines SA, TAM SA, Brazil   3.4

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 34 out of 189 countries(2013) 

Subcategories:

Starting a business: 22 out of 189 countries

Enforcing Contracts: 64 out of 189 countries

Registering Property: 55 out of 189 countries

Getting credit: 55 out of 189 countries

Protecting investors: 34 out of 189 countries

Trading across border: 40 out of 189 countries

Paying Taxes: 38 out of 189 countries

Dealing with Construction Permits: 101 out of 189 countries

Getting Electricity: 43 out of 189 countries

Resolving Insolvency: 102 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

33

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 7 Score: 78.7 (Mostly Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-4

Total area

756,102 sq km

Capital

Santiago; note - Valparaiso is the seat of the national legislature

Currency

Chilean pesos (CLP)

Government type

republic

Languages

Spanish 99.5% (official), English 10.2%, indigenous 1% (includes Mapudungun, Aymara, Quechua, Rapa Nui), other 2.3%, unspecified 0.2%

Religions

Roman Catholic 66.7%, Evangelical or Protestant 16.4%, Jehovah's Witnesses 1%, other 3.4%, none 11.5%, unspecified 1.1% (2012 est.)

Total population
1990 2000 2010 2014* 2019**
13.179 million 15.398 million 17.094 million 17.711 million 18.412 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
67.8% 81% 86% 89%
Population median age

33.3 years (2014 est.)

Population growth rate

0.84% (2014 est.)

Life expectancy

78.44 years (2014 estimate)

Adult literacy

98.6% (2009 est.)

% of population living on less than $2 a day

1.9% (2011)

Inequality of wealth distribution (Gini index)

50.8 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 18.2%     Mobile 134.3%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

66.50% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Santiago 88th (2014)

CO2 emissions(Metric tons of CO2 per capita)

4.2 (2010)

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