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22 February, 2021updated 30 Oct 2021 05:04

Investing in Chile: what you need to know

All of the key data and information needed when considering investing in Chile.

By Carmen

As of 2021, Chile has a population of 19.7 million, making it the 60th largest country in the world by this measure. There are 49.3% males and 50.7% females.

There are 8.5 million people employed in Chile, with an unemployment rate of 9.1% – 553,313 people.


Chile is the 41st largest economy in the world with a GDP of $289.5bn. Chile’s GDP has grown by 42% between 2010 and 2021 and is expected to grow by 62% by 2025.

As of 2021 there are 1.3 million students in tertiary education in Chile, with 1.5 million students in secondary and 1.5 million in primary education. Chile spent 5.2% of its GDP on education in 2018.

Chile ranked 59th in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 56th. In the World Economic Forum’s Global Competitiveness Report (2019), Chile finished 33rd, after ranking 33rd in 2018.

Public healthcare expenditure totalled $15.5bn and private healthcare expenditure equalled $11.1bn in 2018.

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The largest urban areas in Chile are Greater Santiago (7.4 million people), Greater Concepcion (991,301) and Greater Valparaiso (982,803).

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