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Country Commercial Guides for FY 2000:
Chile

Report prepared by U.S. Embassy
Santiago, released July 1999

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CHAPTER X:   APPENDICES

APPENDIX A: Country Data 

Population :  15 million
Growth Rate:   1.18%
Religion   
 Catholic  :  77.0%
 Protestant:  12.0%
 Agnostic/
 Atheist   :   6.0%
Government
 System    :  bicameral democracy
Language   :  Spanish
Work Week  :  48 hours (44 and 40-hours week are not uncommon)

APPENDIX B:   Domestic Economy 

    (In US million dollars unless otherwise indicated)

			1997	 	1998		1999 (e)
			--------	-------		----------
Nominal GDP		75,777.0	74,620.0	70,000.0  1/	
Growth (%)		7.1		3.4		0.5
Per Capita GDP (USD)	5,300.0		4,922.0		4,800.0  1/	
Inflation (%)		6.1		4.7		4.4
Unemployment (%)	5.3		7.2		7.2	
Gov't Spending/GDP	22.7		22.8		24.0
Reserves (year-end)	17,840.9    	15,991.8	18,000.0	
Average Exch. Rate 
  (pesos/USD)		419.0		460.3		515.0
Foreign Debt 		26,795.0	31,546.0	33,000.0
Debt Service/Exports(%) 6.3		6.5		7.0	
U.S. Economic and 
   Military Aid		0.3         	0.3		0.3

1/ U.S. dollar values decline due to Chilean peso depreciation

APPENDIX C:   Trade 

	                Chilean-U.S./Imports and Exports
	                       (millions of dollars)

 	 		1997	   	1998		1999 (e)
			--------	--------	--------
Chilean Exports(FOB)	16,636.3	14,757.1	15,300.0
Chilean Imports(CIF)	17,857.2	17,785.0	16,300.0		
Imports from U.S.(CIF)	4,332.6		4,025.8	   	3,800.0
Exports to U.S.(FOB)	2,710.5		2,609.7		2,900.0
U.S. Pct. of Imports	24.3		22.6		23.3

APPENDIX D:   Investment Statistics 

	Foreign Direct Investment in Chile - By Country
	(millions of dollars)

Country		1994	1995	1996	1997	 1994-97
-----------	-------	-------	-------	------	 -------
United States	  997	1,549	2,264	  913	  9,518
Canada		  756	  531	  360	  679	  3,867
Spain		   18	   55	  490	1,498	  2,778
United Kingdom	   36	   90	  232	  185	  1,309
Australia	   16	   27	  109	  182	    874
Japan		   66	   16	  148	  154	    820
South Africa	   84	  219	   74	  448	    983
The Netherlands	   11	   40	  121	  362	    787
Finland		  198	  121	   59	   13	    430
Italy		    8	    5	  325	   19	    398
Argentina	   63	   41	   97	   60	    367
France		   27	   26	   66	   56	    352
Switzerland	   48	    5	   29	   45	    326
Cayman Islands	   16	   48	  215	  215	    612
		-------	-------	-------	-------	 ------
Total		2,530	3,028	4,800	5,041	 25,535

Figures for 1996 & 1997 are preliminary estimates, and the figures for 1974-97 represent the total invested over the period. Does not reflect repatriation of capital and may not reflect current value of investments.

Source:   Committee on Foreign Investment 

	              Foreign Direct Investments
	          Chile - By Sector (Millions of Dollars)
	
Sector		 1994	 1995	 1996	 1997	 1994-97
-----------	-------	-------	-------	-------  -------
Agriculture	   22	    9	   16	   14	    191
Construction	   39	   59	   28	  118	    450
Electricity, Gas,  13	   54	  386	1,378	  1,834
  Water	
Industry	  324	  320	  923	  495	  4,139
Mining		1,760	1,710	  995	1,627	 11,181
  Fisheries,	   53	   43	   21	   12	    160
Aquaculture	
Services	  233	  366	1,932	1,199	  5,813
Forestry	   13	   55	   20	   28	    188
Transportation &   73	  412	  479	  170	  1,579
  Communications

Total		2,530	3,028	4,800	5,041	 25,535

Figures for 1996 & 1997 are preliminary estimates, and the figures for 1974-97 represent the total invested over the period. Does not reflect repatriation of capital and may not reflect current value of investments.

Source:   Committee on Foreign Investment 

          Largest Foreign Direct Investment Projects
                              Chile
                  (Millions of Dollars Invested)

                                   Source
Project          Investors         Country   Sum
-------          ---------         -------   -----
La Disputada     Exxon Minerals    U.S.      1,731
El Abra          Cyprus Minerals   U.S.      1,286
La Escondida     BHP/RTZ/JECO/IFC  Aust./UK  1,025
                                   Japan/Int.
Zaldivar         Zaldivar/         Canada/     751
                 Outokumpu         Finland
First Boston     First Boston      U.S.        700
 Investments
La Candelaria    Phelps Dodge/     U.S./Japan  587
                 Sumitomo
Collahuasi       Falconbridge/     Canada/UK/  425
                 Amcoli/Japan      Japan
                 Collahuasi
Quebrada Blanca  Cominco/Tech      Canada      369
Cerro Colorado   Rio Chile         Canada      337
VTR Telephone    SBC Int.          U.S.        332

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