Chile

OVERVIEW

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 people. Its 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.

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OVERVIEW

Chile has been one of the fastest-growing Latin American economies for the past decades due to open-market policies focusing on the country’s economic development.

The country is a unitary, democratic and decentralized republic located in South America. It covers an area of 756,950 square kilometers, bordering Perú, Bolivia and Argentina. Chile, with Santiago as its capital city, has Spanish as its official language and the Chilean Peso (CLP) as its currency.

Chile is mainly known for its diverse geography. The country’s Atacama Desert contains the aridest desert in the world. It has around 14 active volcanos and one of the most well-known natural parks in the world, Torres del Paine National Park. It is also a tri-continental country with national territories in America, Oceania (e.g., Easter Island) and Antarctica.

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