Prior to the arrival of the Spanish in the 16th century, the Inca ruled northern Chile while an indigenous people, the Mapuche, inhabited central and southern Chile. Although Chile declared its independence in 1810, it did not achieve decisive victory over the Spanish until 1818. In the War of the Pacific (1879-83), Chile defeated Peru and Bolivia to win its present northern regions. In the 1880s, the Chilean central government gained control over the central and southern regions inhabited by the Mapuche. After a series of elected governments, the three-year-old Marxist government of Salvador ALLENDE was overthrown in 1973 by a military coup led by General Augusto PINOCHET, who ruled until a democratically-elected president was inaugurated in 1990. Sound economic policies, maintained consistently since the 1980s, contributed to steady growth, reduced poverty rates by over half, and helped secure the country's commitment to democratic and representative government. Chile has increasingly assumed regional and international leadership roles befitting its status as a stable, democratic nation.

Source: The CIA World Factbook - Chile



Vos conseillers auprès de la Chambre de Commerce

Martine Bisenius

Contactez-nous: latinamerica@cc.lu


Indicateurs clés

Surface
756,102 km2
Population
18,307,925 (July 2021 est.)
Type de gouvernement
presidential republic
Langues
Spanish 99.5% (official), English 10.2%, indigenous 1% (includes Mapudungun, Aymara, Quechua, Rapa Nui), other 2.3%, unspecified 0.2%; note - shares sum to more than 100% because some respondents gave more than one answer on the census (2012 est.)
PIB
$252.94 billion (2017 est.)
Taux de croissance
-5.8% (2020 est.)
HDI
43
Capitale
Santiago

Indicateurs macroéconomiques

Growth is projected to remain strong over the next two years. With an uncertain external environment, solid domestic demand will underpin growth, aided by a stable inflation environment, public infrastructure projects and a tax reform. Inequality, though decreasing, remains high as informality and unemployment remain high and social transfers low.

The central bank has started to tighten monetary policy gradually and is projected to continue doing so as stronger wages and reduced labour market slack start putting pressure on prices. The planned gradual fiscal consolidation is appropriate and will stabilise the public debt-to-GDP ratio in the short-term. However, social spending and public investment needs may require higher revenues. Improving skills, integrating the recent flow of migrants, streamlining licencing and regulations, and increasing competition in network services are key for stronger and more inclusive growth.

Source: OECD - Economic Forecast

IMF Statistics:

Subject descriptor 2018 2019 2020 2021 2022

Gross domestic product, constant prices

Percent change

4.024

2.515

3.017

3.229

3.265

Gross domestic product, current prices

Percent change

(Billions)

298.180

294.237

308.505

327.038

345.767

Gross domestic product per capita, current prices

Percent change

(Units)

15,901.725

15,399.235

15,854.652

16,619.151

17,437.823

Inflation, average consumer prices

Percent change

2.318

2.220

2.779

3.000

3.000

Volume of imports of goods and services

Percent change

7.608

-0.621

1.938

3.525

4.719

Volume of exports of goods and services

Percent change

4.954

-2.231

1.071

2.813

4.076

Unemployment rate

Percent change

6.966

6.893

6.939

6.874

6.748

Current account balance

Percent change

(Billions)

-9.186

-10.172

-9.084

-8.075

-7.544

Current account balance

Percent change

-3.081

-3.457

-2.945

-2.469

-2.182

Estimates

Source: IMF Statistics


Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

None

Air Services agreement

  • Agreement from 25 February 2002

Not ratified by Luxembourg yet (Transport for preparing the explanatory statement)

Source: Administration des contributions directes


Informations supplémentaires

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Chili

Luxembourg is represented by Ambassador with residence in Brazil: Mr Carlo KRIEGER

SHIS QL 12, conjunto 5, casa 18
Lago Sui
71630-255 Brasília/DF .
Brazil

Tel.: (+55) 61 3551 7741
E-Mail: brasilia.amb@mae.etat.lu 

Honorary consul

Honorary Consul with jurisdiction over theRepublic of Chile: Mr Juan Manuel FUENTES

Arturo Claro 1465
Providencia Santiago
Chile

Tel.: (+56) 9 9821 8016
E-Mail: santiago@consul-hon.lu 

Source: Ministry of Foreign Affairs Luxembourg

Country risk as defined by Office du Ducroire for Chile

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Office du Ducroire - Country Risk for Chile / Euler Hermes Country rating Chile

 

Other useful links


La Chambre de Commerce et le pays