Source
Central bank

Central Bank of Chile

International Reserves

USD 39.9 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 298.2 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 481.8 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
4.9% 3.6% -1.6% 5.8% 6.1% 5.3% 4%
2014 2015 2016 2017 2018*    
1.8% 2.3% 1.7% 1.3% 4%    

*Estimate

GDP per capita - current prices

USD 16,078.7 (2018, estimate)

GDP per capita - PPP

Intl$ 25,978.3 (2018, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
0.30% 0.29% 0.36% 0.37% 0.36%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 3.6% 
  • industry: 30% 
  • services: 57.9%

(2018 estimate)

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

0.4% (2016)

OECD, data retrieved October 2019

Inflation
2015 2016 2017* 2018* 2019*
4.3% 3.8% 2.2% 2.3% 2.2%

*Estimate

Unemployment rate
2015 2016 2017* 2018* 2019*
6.2% 6.5% 6.7% 7% 6.9%

*Estimate

Household saving rates

10.2% (2017)

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
17.3% 21% 23.5% 25.6% 27.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-2.1% -2.7% -2.6% -1.5% -2.2%

*Estimate

Government bond ratings

Standard & Poor's: A+

Moody's: A1

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

Market value of publicly traded shares
2016 2017 2018
USD 212.5 billion USD 294.7 billion USD 250.7 billion
Largest companies

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

 
 
Source
Current account balance

USD -9.2 billion (2018 estimate)

Current account balance by percentage of GDP

-3.1 % (2018 estimate)

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

28.8% (2018)


Shares in world total merchandising export

0.39% (2018)

Shares in world total commercial services export

0.18% (2018)

Total exports

USD 85.6 billion (2018 estimate)


Export commodities

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

Total imports

USD 84.6 billion (2018 estimate)

 
 
Source
Import commodities

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

Exports - major partners

China 27.5%, US 14.5%, Japan 9.3%, South Korea 6.2%, Brazil 5% (2017)

Imports - major partners

China 23.9%, US 18.1%, Brazil 8.6%, Argentina 4.5%, Germany 4% (2017)

FDI inflows
2016 2017 2018

USD 11,942 million

USD 6,856 million

USD 7,160 million
FDI outflows
2016 2017 2018
USD 6,801 million

USD 6,175 million

USD 3,027 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
USD 2,320 million USD 1,224 million USD -233 million USD 1,937 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:

59 out of 190 countries

​Subcategories:
Starting a Business: 57 out of 190 countries
Dealing with Construction Permits: 41 out of 190 countries
Getting Electricity: 39 out of 190 countries
Registering Property: 63 out of 190 countries
Getting Credit: 94 out of 190 countries
Protecting Minority Investors: 51 out of 190 countries
Paying Taxes: 86 out of 190 countries
Trading across Borders: 73 out of 190 countries
Enforcing Contracts: 54 out of 190 countries
Resolving Insolvency: 53 out of 190 countries

Global competitiveness ranking

33 out of 141 countries

Index of Economic Freedom

Ranking: 18 / Score: 75.4 (Mostly free)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC-3

Total area

756,102 sq km

Capital

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

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% (2012 est.)

Religions

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

Total population
1990 2000 2010 2015 2020*
13.18 million 15.34 million 17.06 million 17.97 million 19.46 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2018
67.8% 81.2% 86.1% 87.6%
Population median age

34.8 years

Population growth rate

0.75% (2018 estimate)

Life expectancy

79.1 years (2018 estimate)

Literacy

Total population: 96.9% 
Male: 97% 
Female: 96.7%
Definition: age 15 and over can read and write (2015 est.)

% of population living on less than $3.10 a day

1.8% (last available estimate, 2017)

Inequality of wealth distribution (Gini index)

46.6 (last available estimate, 2017)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Free
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed: 16%

Mobile: 134.4%

(2018)

(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

82.33 % (2017)

Mercer Cost of living index

Santiago: 79th (2019)

CO2 emissions

4.65 metric tons per capita (2014)

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