Land of Opportunities
Chile is not only Latin America's best evaluated economy but also one of the best evaluated emerging economies internationally. Its hallmark stability, transparency and competitiveness and excellent business prospects position the country not only as the best destination for foreign investment in Latin America but also as one of the world's leading destinations.
In its World Investment Report 2015, UNCTAD ranked Chile at the world's 11th largest recipient of foreign direct investment in 2014. With an inflow of US$ 20,457 million, Chile took third place in Latin America after the Brazilian and Mexican economies.
Why invest in Chile ?
A solid country: Chile is the best evaluated economy in Latin America and, indeed, one of the best Evaluated emerging economies worldwide. Its hallmark stability, transparency and competitiveness and excellent business prospects position it not only as the best destination for foreign investment in Latin America but also as one of the most outstanding in the world.
In its World Investment Report 2015, UNCTAS ranked Chile as the world’s 11th largest recipient of foreign direct investment (FDI), with an inflow that reached US$ 20,457 million.
A reliable country: Chile is a safe place in which to do business as borne out by risk ratings agencies which have increased or maintained their high ratings for the country, highlighting its low level of public debt, the health of its financial system and its solid institutions.
Fitch rating A+, Standard & Poor´s AA-, Moody´s Aa
A competitive country: Chile has a consolidated position as Latin America’s most competitive economy. This is mainly due to its sustained economic growth and openness to trade which have set it apart internationally as a free and dynamic market. Its performance is reflected in the rankings of institutions that annually measure competitiveness around the world.
Business climate: 13th in the world – Business Environment Rankings 2014-2018, Economist Intelligence Unit
Competitiveness: 35th in the world – Global Competitiveness Index 2015, World Economic Forum
Best countries for business: 30th in the world – Forbes, 2015
Ease of doing business: 48th in t he world, 2nd in Latin America – Doing Business Index, World Bank, 2015
PIB per habitant (PPP): US$23.563, 1st in Latin America – FMI, 2015
An internationally integrated country: Chile's open economy, combined with an active policy of bilateral, regional and multilateral trade agreements, has underpinned a sustained increase in foreign trade in goods and services and in the country's international competitiveness, consolidating its position as an active international partner. Trade agreements with over 60 countries expand Chile’s domestic market of 17 million inhabitants to one of over 4,300 million potential consumers around the world (63% of the world population).
Free Trade Agreements: Australia, Canada, Central America, China, Colombia, EFTA (Norway, Switzerland, Iceland and Liechtenstein), Hong Kong SAR, Malaysia, Mexico, Panama, South Korea, Thailand, Turkey, the United States and Vietnam.
Economic Partnership Agreements: European Union (EU), Japan and P4 (New Zealand, Singapore, Brunei Darussalam and Chile).
Economic Complementation Agreements: Bolivia, Ecuador, MERCOSUR (Argentina, Brazil, Paraguay, Uruguay and Venezuela), Peru and Cuba.
Partial Scope Agreements: India
Commercial Protocol: Pacific Alliance
(Source: CIE Chile, Foreign Investment Committee)
