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IDD Code: 00
Country Code: 56
ISO: CL
ISO3: CHL
Time Time
Monday, December 23, 2024 Capital: Santiago
Time Zone Time Zone
UTC-04:00
Time Difference Time Difference
Santiago, Chile is ()
Daylight Savings Time Daylight Savings Time
Chile does not follow DST
Weather Weather
City Calling Code
Antofagasta+56-55
Arica+56-58
Chillan+56-42
Cohyaique+56-67
Concepcion+56-41
Copiapo+56-52
Curico+56-75
Iquique+56-57
La Serena+56-51
Linares+56-73
Los Andes+56-34
Los Angeles+56-43
Osorno+56-64
Ovalle+56-53
Puerto Montt+56-65
Punta Arenas+56-61
Quillota+56-33
Rancagua+56-72
San Antonio+56-35
Santiago+56-2
Talca+56-71
Temuco+56-45
Valdivia+56-63
Valparaiso+56-32
Country NameChile
ContinentSouth America
Lat/Long-35.67514000, -71.54296900
BackgroundPrior 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.
Population17,650,114 (July 2016 est.)
LanguagesSpanish 99.5% (official), English 10.2%, indigenous 1% (includes Mapudungun, Aymara, Quechua, Rapa Nui), other 2.3%, unspecified 0.2%
ReligionsRoman Catholic 66.7%, Evangelical or Protestant 16.4%, Jehovah's Witness 1%, other 3.4%, none 11.5%, unspecified 1.1% (2012 est.)
Ethnic GroupsWhite 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.)
EconomyChile has a market-oriented economy characterized by a high level of foreign trade and a reputation for strong financial institutions and sound policy that have given it the strongest sovereign bond rating in South America. Exports of goods and services account for approximately one-third of GDP, with commodities making up some 60% of total exports. Copper is Chile’s top export and provides 20% of government revenue.

From 2003 through 2013, real growth averaged almost 5% per year, despite the slight contraction in 2009 that resulted from the global financial crisis. Growth slowed to an estimated 1.7% in 2016. A continued drop in copper prices prompted Chile to experience its second consecutive year of slow growth, elevated inflation, and a depreciating currency.

Chile deepened its longstanding commitment to trade liberalization with the signing of a free trade agreement with the US, which took effect on 1 January 2004. Chile has 22 trade agreements covering 60 countries including agreements with the EU, Mercosur, China, India, South Korea, and Mexico. In May 2010, Chile signed the OECD Convention, becoming the first South American country to join the OECD. In October 2015, Chile signed the Trans-Pacific Partnership trade agreement.

The Chilean Government has generally followed a countercyclical fiscal policy, accumulating surpluses in sovereign wealth funds during periods of high copper prices and economic growth, and generally allowing deficit spending only during periods of low copper prices and growth. As of 31 October 2016, those sovereign wealth funds - kept mostly outside the country and separate from Central Bank reserves - amounted to more than $23.5 billion. Chile used these funds to finance fiscal stimulus packages during the 2009 economic downturn.

In 2014, President Michelle BACHELET introduced tax reforms aimed at delivering her campaign promise to fight inequality and to provide access to education and health care. The reforms are expected to generate additional tax revenues equal to 3% of Chile’s GDP, mostly by increasing corporate tax rates to OECD averages.
GDP$234.9 billion (2016 est.)
CurrencyPeso
Internet TLD.cl
Internet Users11.256 million
Land Lines3,445,880
Mobile Phones23.206 million
Broadcast MediaNational and local terrestrial TV channels, coupled with extensive cable TV networks; the state-owned Television Nacional de Chile (TVN) network is self-financed through commercial advertising revenues and is not under direct government control; large number of privately owned TV stations; about 250 radio stations (2007)