Chile: Economy

Economic Trivia

Chile has the strongest sovereign bond rating in South America.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): China, United States, and Japan
Top 3 Exported Goods (2014): Copper, Ores, and Fruit & Nuts

Top Industries Source: CIA World Factbook

Copper; Lithium; Other Minerals; Foodstuffs

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $392,041,113,246 (2014)
GDP Growth Rate (annual %) 1.894% (2014)
GDP Per Capita, PPP (current international) $22,071 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 45/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 4.395% (2014)
External debt stocks, total (DOD, current US$) $96,244,880,000 (2011)
Total tax rate (% of commercial profits) 28.9% (2015)
Real Interest Rate (5 year average %) 2.545% (2014)
Manufacturing, value added (% of GDP) 12.356% (2014)
Current Account Balance (BoP, current US$) ($2,995,475,054) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 8,745,002 (2014)
Employment in Agriculture (% of total employment) 9.2% (2013)
Employment in Industry (% of total employment) 23.7% (2013)
Employment in Services (% of total employment) 67.1% (2013)
Unemployment Rate 6.4% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $83,339,444,117 (2014)
Exports of goods and services (current US$) $87,167,366,598 (2014)
Total Merchandise Trade (% of GDP) 57.286% (2014)
FDI, net inflows (BoP, current US$) $22,001,682,014 (2014)
Commercial Service Exports (current US$) $10,967,031,432 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Chile’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary