Chile Economic information

Chile is a country located in South America and has one of the strongest economies in the world. Here is Chile's economic information: - In terms of gross domestic product (GDP), Chile is one of the richest countries in South America. It has a GDP of $282 billion in 2019. - Chile's economy is based on mining, agriculture, industry and service sectors. - The mining sector is one of the most important components of the Chilean economy. The country has large reserves of precious metals such as copper, lithium and molybdenum. Chile is the world's largest copper producer. - The agricultural sector is also important for the Chilean economy. The country is known worldwide for exporting agricultural products such as grapes, apples, melons and avocados. - The industrial sector also contributes to the growth of the Chilean economy. It operates especially in sectors such as food processing, petrochemicals, automotive, electronics and wooden products. - The service sector also has an important share in the Chilean economy. The service sector plays a major role in areas such as tourism, finance and telecommunications. - Chile's exports also contribute to the growth of its economy. The country's main exports include copper, food products, chemicals, oil and petroleum products. - Chile's largest trading partners include China, the United States, Japan and Brazil. - Chile's inflation rate was

2.8% in 2019. - Chile's unemployment rate was recorded as

7.2% in 2019. - Chile also scores very high in terms of economic freedom. According to the World Economic Forum's 2019 report, Chile ranks 15th out of 74 countries in terms of economic freedom in the world.