Made in Bharat, For the World !

Republic of Chile

  • Capital City: Santiago
  • General Information Official Language: Spanish
  • Currency: Chilean peso, CLP
  • Population (2024): 1.97 crores (2024)

Political Overview

Government Type

Unitary state, Presidential system, Constitutional republic, Democratic Republic

Key Leaders

  • President Gabriel Boric
  • Vice President Karla Rubilar

Political Stability Index

0.1

International Alliances

  • UN, OAS, CELAC, WTO, Pacific Alliance, G77, Non-Aligned Movement (NAM), Mercosur (associate)

Economic Overview

GDP (Nominal)

$350 billion

GDP (PPP)

$579.201 billion (2023 est.)

Key Industries

  • copper
  • lithium
  • other minerals
  • foodstuffs
  • fish processing
  • iron and steel
  • wood and wood products
  • transport equipment
  • cement
  • textiles

Top 5 Importers/Exporters

Exports: China 39%, US 14%, Japan 8%, South Korea 6%, Brazil 5%; Imports: China 26%, US 22%, Brazil 10%, Argentina 5%, Germany 3% (2022)

Social Indicators

Human Development Index

0.860 (Rank: 44)

Literacy Rate

0.97

Life Expectancy

80.3 years (2024 est.)

Geopolitical Relevance

Strategic Location

Situated between the Atlantic and Pacific oceans, close to the Strait of Magellan, Beagle Channel, and Drake Passage; part of the Andean mountain corridor

Key Conflicts

NA

Border Issues

NA

Military Strength

military personnel – ~80,000, defense spending – 1.9% of GDP ($6 billion), alliances – UN Peacekeeping, OAS

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