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)

OECD, data retrieved January 2017

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

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

 
 
Source
Current account balance

USD -5.9 billion (2017 estimate)

Current account balance by percentage of GDP

-2.4% (2017 estimate)

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

30.0% (2015)

Shares in world total merchandising export

0.4% (2015)

Shares in world total commercial services export

0.2% (2015)

Total exports

USD 56.3 billion (2016 estimate)

Export commodities

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

Total imports

USD 56.9 billion (2016 estimate)

 
 
Source
Import commodities

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

Exports - major partners

China 26.3%, US 13.2%, Japan 8.5%, South Korea 6.5%, Brazil 4.9% (2015)

Imports - major partners

China 23.4%, US 18.8%, Brazil 7.8%, Argentina 4% (2015)

FDI inflows
2013 2014 2015
USD 17,878 million USD 21,231 million USD 20,176 million
FDI outflows
2013 2014 2015
USD 8,388 million USD 11,803 million USD 15,513 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 10256.8 million USD 2771.6 million USD 746.5 million USD 2294.4 million
Cross-border M&A deals worth over $3 billion completed in 2014

Gas Natural Fenosa Chile SpA, Cia General de Electricidad SA, Chile, USD 3.2 billion

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

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

Overall ranking: 57 out of 190 countries (2016)

Subcategories:

Starting a business: 59 out of 190 countries

Enforcing Contracts: 56 out of 190 countries

Registering Property: 58 out of 190 countries

Getting credit: 82 out of 190 countries

Protecting investors: 32 out of 190 countries

Trading across border: 65 out of 190 countries

Paying Taxes: 120 out of 190 countries

Dealing with Construction Permits: 26 out of 190 countries

Getting Electricity: 64 out of 190 countries

Resolving Insolvency: 55 out of 190 countries

Global competitiveness ranking

33 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 7 / Score: 77.66 (Mostly free) (2017)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC-3

Total area

756,102 sq km

Capital

Santiago

Currency

Chilean pesos (CLP)

Government type

Presidential 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 2016* 2021*
13.179 million 15.398 million 17.066 million 18.196 million 19.173 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
68% 81% 86% 90%
Population median age

34 years (2016 estimate)

Population growth rate

0.8% (2016 estimate)

Life expectancy

78.8 years (2016 estimate)

Literacy

Total population: 97.5%
Male: 97.6%
Female: 97.4% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

0.8% (2013)

Inequality of wealth distribution (Gini index)

50.5 (2013)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2017)

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

Source
Total telephone subscribers as % of population

Fixed 19.22%   Mobile 129.47% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

64.29% (2015)

Mercer Cost of living index

Santiago: 108th (2016)

CO2 emissions

4.7 (2013)

World's Best Developed & Emerging Markets Banks

World's Best Internet Banks

World’s Best Treasury & Cash Management Providers

Safest Emerging Markets Banks

World's Best Subcustodian Banks

World’s Best Investment Banks

World's Safest

World’s Best Foreign Exchange Providers

World's Best Banks By Region

World's Best Banks

World’s Best Trade Finance Banks

Best of…

World's Biggest Banks

Additional Awards