Data at glance of Chile - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth 3.14 6.08 4.82 2.37 2.12 11.31 2.15 0.52 2.64 2.03
CPI % 20.46 9.54 3.69 1.45 3.08 4.53 11.64 7.58 3.93 4.36
Unemployment rate 13.25 7.51 8.9 9.68 7.18 8.86 7.88 8.68 8.46 8.13
Current account balance/GDP % -6.11 -2.54 1.21 1.17 -3.83 -7.28 -8.85 -3.13 -1.47 -2.06
Debt/GDP % - 20.14 9.14 7.23 19.95 36.45 37.91 39.41 41.98 42.98

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

Indigenous groups inhabited central and southern Chile for several thousand years, living in mixed pastoralist and settled communities. The Inca then ruled the north of the country for nearly a century prior to the arrival of the Spanish in the 16th century. In 1541, the Spanish established the Captaincy General of Chile, which lasted until Chile declared its independence in 1810. The subsequent struggle with the Spanish became tied to other South American independence conflicts, with a decisive victory not being achieved until 1818. In the War of the Pacific (1879-83), Chile defeated Peru and Bolivia to win its current northernmost regions. By the 1880s, the Chilean central government cemented its control over the central and southern regions inhabited by Mapuche Indigenous peoples. Between 1891 and 1973, a series of elected governments succeeded each other until the Marxist government of Salvador ALLENDE was overthrown in 1973 in a military coup led by General Augusto PINOCHET, who ruled until a democratically elected president was inaugurated in 1990. Economic reforms that were 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.

Environment

Area: 756,102 km2

Climate: temperate; desert in north; Mediterranean in central region; cool and damp in south

Natural resources: copper, timber, iron ore, nitrates, precious metals, molybdenum, hydropower

Ethnic characteristics

Groups: White and non-Indigenous 88.9%, Mapuche 9.1%, Aymara 0.7%, other Indigenous groups 1% (includes Rapa Nui, Likan Antai, Quechua, Colla, Diaguita, Kawesqar, Yagan or Yamana), unspecified 0.3% (2012 est.)

Languages: Spanish 99.5% (official), English 10.2%, Indigenous 1% (includes Mapudungun, Aymara, Quechua, Rapa Nui), other 2.3%, unspecified 0.2%  (2012 est.)major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)The World Factbook, the indispensable source for basic information.note: shares sum to more than 100% because some respondents gave more than one answer on the census

Religions: Catholic 57%, none 25.7%, Evangelical or Protestant 16.2%, other Christians and traditions related to Christ 1.3%; less than 1%: Buddhist, Catholic Orthodox, Church of Jesus Christ of Latter-Day Saints, Islam, Judaism, other religions, no religion (2024)

Government

Capital: Santiago; note - Valparaiso is the seat of the national legislature

Government type: presidential republic

Executive branch

Chief of state: President Gabriel BORIC (since 11 March 2022)

Head of government: President Gabriel BORIC (since 11 March 2022)cabinet: Cabinet appointed by the presidentelection/appointment process: president directly elected by absolute-majority popular vote in 2 rounds, if needed, for a single 4-year termmost recent election date: 16 December 2025, with a runoff to be held on 14 December 2025election results: 2025: percent of vote in first round - Jeannette Alejandra JARA Román (PCCh) 26.8%, José Antonio KAST (PLR) 23.9%, Franco Aldo PARISI Fernández (PDG) 19.7%, Johannes KAISER (PNL) 13.9%, Evelyn Rose MATTHEI Fornet (PL) 12.5%; other 3.2%; note - JARA and KAST will participate in a runoff election to be held 14 December 2025  2021: Gabriel BORIC elected president in second round; percent of vote in first round - José Antonio KAST (FSC) 27.9%; Gabriel BORIC (AD) 25.8%; Franco PARISI (PDG) 12.8%; Sebastian SICHEL (ChP+) 12.8%; Yasna PROVOSTE (New Social Pact) 11.6%; other 9.1%; percent of vote in second round - Gabriel BORIC 55.9%; Jose Antonio KAST 44.1%2017: Sebastian PINERA Echenique elected president in second round; percent of vote in first round - Sebastian PINERA Echenique (independent) 36.6%; Alejandro GUILLIER (independent) 22.7%; Beatriz SANCHEZ (independent) 20.3%; Jose Antonio KAST (independent) 7.9%; Carolina GOIC (PDC) 5.9%; Marco ENRIQUEZ-OMINAMI (PRO) 5.7%; other 0.9%; percent of vote in second round - Sebastian PINERA Echenique 54.6%, Alejandro GUILLIER 45.4%expected date of next election: 18 November 2029 (a runoff, if needed, will take place in December 2029)note: the president is both chief of state and head of government

Legislative branch

Description: legislature name: National Congress (Congreso Nacional)legislative structure: bicameral

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"