IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL CHILE

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank Santiago de Chile

2016 2017 2018 2019 2020

757 2019

35

35

36

702.897 2019 19.11 2019 282.3 2019 25,916 2019

38

Exchange Rate (per $)

42

31

Population - market size (millions)

CHALLENGES IN 2020 Manage and control the health and sanitary aspects of the Covid- 19 pandemic. • Manage and control the health and sanitary aspects of the Covid-19 pandemic. • Implement programs to support people, workers and companies in distress due to Covid-19 economics’ effects. • Social pact for promoting competitiveness and development, while advancing in providing equal opportunities. • State and government; reform and reduce bureaucracy, promoting efficiency and productivity. Ensure fiscal and monetary policies that help rebound economy and employment. • Increase R&D by promoting joint projects between universities, private companies, and the public sector. Pro ide by: Universidad de Chile, Facultad de Economia y Negocios (FEN) Universidad de Chile, Facultad de Economia y Negocios (FEN)

39

Gross Domestic Product (GDP) (US$ billions)

47

GDP (PPP) per capita (US$)

1.1 2019 2.25 2019 7.15 2019 9.14 2019 -3.87 2019 269.3 2018 4.23 2019

48

Real GDP growth (%)

37

Consumer price inflation (%)

50

Unemployment rate (%)

32

Labor force (millions)

58

Current account balance (% of GDP)

21

Direct investment stocks inward ($bn)

10

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

10

13

17

19

21

26

29

30

31

38

39

45

45

48

49 52

50

50

55

62

PEER GROUPS RANKINGS THE AMERICAS (9 countries)

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

21

22

22

3

3

3

3

3

24

26

61

IMD WORLD COMPETITIVENESS BOOKLET 2020