Includes Chile real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Economic indicators and data sets offering a full view of Chile’s economy, international trade performance and finance sector. With links to rankings of the country’s best and safest banks. Updated October 2023
Chile GDP Stands On Solid Ground
One of South America’s most prosperous nations, Chile is the world’s leading producer of copper and the second-largest producer of lithium. In addition to mining, Chile’s economy is bolstered by rich agricultural, fishery and forestry resources.
Chile’s flexible monetary, fiscal and exchange rate policies have facilitated numerous free-trade agreements. As a member of the OECD and the Pacific Alliance, Chile’s transparent business environment and strong institutional framework make it an attractive choice for foreign investors. Weaknesses include regulatory barriers, shortage of highly skilled workers, and relatively low export diversification.
Chile GDP & Economic Overview
Key Facts
Total Area | 756,102 sq km |
---|---|
Type of Government | Presidential Republic |
Capital City | Santiago |
Seat of National Legislature | Valparaiso |
Total Population | 20 million |
Median Age | 35.7 |
Total GDP | USD 358 billion |
Adult Per Capita Income (PPP) | USD 35,463 |
Chile
Chile Banking & Finance
Banking & Sovereign Strength
Central Bank |
Banco Central de Chile (Central Bank of Chile) |
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Currency | Chilen peso [CLP} |
International Reserves | USD 37.4 billion |
Sovereign Ratings |
S&P A Moody’s A2 Fitch A- |
Stock Exchange |
Bolsa de Santiago (Santiago Stock Exchange) |
Click here to find out the Best Bank in Chile—and in all of Latin America.
Chile's Leading Companies
Diversified Conglomerate | Quiñenco Group, AntarChile |
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Mining & Chemicals | Sociedad Química y Minera de Chile |
Transport | Latam Airlines |
Retail | Falabella |
Finance | Banco de Crédito e Inversiones |
Chile Global Trade and Investment
Data Show Chile Debt Load To Be Among
Latin America’s Lightest
The chart at left compares Chile’s debt-to-GDP ratio to those of some of its neighbors as well as the regional average. It illustrates how the country has been successful at keeping its debt burden in line with its national productive capacity.
Click here for the 2023 Global Finance Country Report: Chile.
International Trade
Total Exports | USD 94 billion (2022) |
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Major Exports | Copper, Fish fillets, Wood pulp, Pitted fruits, Wine |
Major Trade Parters – Export |
China United States Japan South Korea Brazil |
Total Imports | USD 112 billion (2022) |
Major Imports | Refined petroleum, Crude petroleum, Cars, Broadcasting equipment, Delivery trucks |
Major Trader Partners – Import |
China United States Brazil Argentina Germany |
Global Finance Rankings & Awards: Chile
Global Finance Magazine awards recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.
Data Sources:
IMF World Economic Outlook
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000