Country Guide - Chile
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13 December 2023
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Chile is a republic with a unitary, democratic, decentralized and presidential government, located in the southwest of South America. Its official language is Spanish.

It is a country with varied geography. Chile is a tri-continental country, as it has national territories in South America (Continental Chile), Oceania (Archipelago Juan Fernández, Easter Island, among others) and Antarctica.

It has a population of approximately 19 million peopleIts gross domestic product in 2020 was approximately USD $253 billion.

The Chilean currency is called Peso, and its abbreviation is CLP.

It has been distinguished to have a stable political landscape in the last 30 years. Currently, there is an ongoing constitutional process approved by 78% of the population to carry out a new constitution for the country.

For the past decade, Chile has been one of Latin America's fastest-growing economies. It has had sustained economic growth and social reforms that have been recognized by several international organizations. Currently, Chile holds a reputation for general macro-economic stability.

Download the Chile Tear Sheet