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Chile

The original report was published in The Financial Times Deutschland on Monday, November 5, 2012
Sebastián Piñera, President of Chile
Although neighbouring Latin American countries have faced some economic difficulties in recent years, Chile has emerged a financial leader with significant fiscal growth and has become a haven for international investors looking for a sound economy in the region
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Alexander Kohler, General Manager of Kaufmann
The real estate and transportation sectors have high-quality companies that are actively innovating and developing Chile
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Jorge O’Ryan Schütz, Chile’s Ambassador to Germany
Key trading partners, the two countries share important cultural connections and work together through FDI
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Chile is the world’s fifth-largest exporter of wine
Chile produces some of the world’s most popular wine, fruit and fish, benefiting from low production costs
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Globus Vision

CAPITAL:
Santiago de Chile


POPULATION:
17,067,369 (July 2012 estimate)


REAL GDP growth rate:
5.9% (2011 estimate)


GDP per capita:
$17,400 (2011 estimate)


GDP COMPOSITION BY SECTOR:
Agriculture: 5.1%
Industry: 41.8%
Services: 53.1% (2010 estimate)


BUDGET SURPLUS:
1.5% of GDP (2011 estimate)


INVESTMENT (gross fixed):
23.2% of GDP (2011 estimate)


PUBLIC DEBT:
9.2% of GDP (2011 estimate)


INFLATION RATE:
3.3% (2011 estimate)


INDUSTRIES:
Copper, lithium, other minerals,
foodstuffs, fish processing, iron
and steel, wood and wood products,
transport equipment, cement
and textiles


AGRICULTURE PRODUCTS:
Grapes, apples, pears, onions,
wheat, corn, oats, peaches, garlic,
asparagus, beans, beef, poultry,
wool, fish and timber


EXPORTS:
$81.71 billion (2011 estimate)


IMPORTS:
$70.92 billion (2011 estimate)


EXCHANGE RATE:
1 euro = 610 Chilean pesos