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 | Dynamic Economy |
Given Chile's economic performance and growth capacity, as reflected in the following: - The average annual growth rate of the Chilean economy 1985-2010: 5.5%.
- The highest average annual growth rate in Latin America.
- Chile is among the economies with the highest growth rate worldwide.
- It is among the most dynamic developing economies worldwide.
Source: World Bank's World Development Indicators. |
 | Highly Competitive |
Chile is ranked 30th among 139 countries in the world in the 2010-2011 Competitiveness Ranking, and it is the most competitive economy in Latin America. Source: World Economic Forum.
Competitiveness Ranking
Source: Global Competitiveness Index 2010-2011 World Economic Forum |
 | Globally Integrated |
Chile has 21 Commercial Agreements duly in force with 58 countries worldwide, representing 90% of the Global GDP. Source: International Economic Relations General Management-DIRECON.
Chile is also: - Gateway to LATAM and ASIA-Pacific;
- Platform to Foreign Investment;
- International Recognition: In 2010 Chile formally became member of the Organization for Economic Co-operation and Development (OECD), being the first country member of Southamerica.
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 | Institutional and Financial Strength and Low Country Risk |
Chile maintains the lowest country risk in Latin America as a result of economic stability, monetary discipline and a strong political and fiscal environment. - Standard & Poor's 2010 (A+)
- Fitch Ratings 2011 (A+)
- Moody´s 2010 (Aa3).
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 | Tax-Friendly Economy |
Chile's corporate income tax rate is 17% (temporarily increased to 20% in 2011 and 18.5% in 2012 as part of the country's earthquake reconstruction program), which is one of the lowest corporate income tax rates worldwide. Chile has bilateral agreements to avoid double taxation that are currently active with 22 countries, including Spain, the United Kingdom, France, Poland, and Brazil. The country has signed another three tax treaties with the U.S., Russia, and Australia that are soon to be ratified. Source: International Economic Relations General Management-DIRECON.
Chile has tax advantages and exemptions by regions throughout the country and for specific circumstances (DFL 15, Arica Plan, Austral Plan, Navarino and Tierra del Fuego Laws, DL 889), and presents tax benefits for investment, research and development. |
 | High Transparency |
Chile is in 21st place among 178 countries worldwide, and Nº1 in Latin America, according to the Perceived Corruption Index. Source: Transparency International 2010. |
 | Great Business Environment and Economic Freedom |
- Chile is in 10th place among 179 countries worldwide, and Nº1 in Latin America according to the Economic Freedom Index 2010.
Source: Heritage Foundation, March 2010.
- Chile is in 15th place among 82 economies worldwide, and it is Nº1 in Latin America, according to the Business Environment Ranking 2010-2014.
Source: Economist Intelligence Unit, April 2010.
Economic Freedom Ranking
Source: Heritage Foundation, March 2010 |
 | Outstanding Quality of Life |
Chile ranks in the 44th place among 187 countries worldwide, according to the 2011 Human Development Report, from the United Nations Organization Development Program. Quality of Life Ranking Source: 2011 Human Development Report, United Nations Organization Development Program. |
 | Highly Skilled and Competitive Human Resources |
Chile is in first place in the Latin American Talent Index Ranking 2009, which estimates the availability of labor for the 2008-2013 periods. Along the same lines, labor costs in Chile are competitive as compared to the United States and European countries. Source: Latin America Talent Index, 2009. |
 | Transport Infrastructure and Modern Connectivity Integrated to the World |
- Cutting edge telecommunications and logistics that facilitate business.
- World Class Telecommunications and Digital Network.
- 18 international airlines, adding 80 thousand annual operations.
- 37 airports and airfields.
- Ports that move 90% of the commercial exchange of the country. Port operations include: 10 state ports and 23 private ports.
- Investors have capitalized via concessions more than US$ 10,000 million in highways, airports, correctional, hospitals, ports and other works.
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