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Foreign Investment in Chile / Recognized International Success

Foreign direct investment (FDI) has played a decisive role in Chile's economic growth and development. Incoming FDI has maintained an upward trend, helping to increase Chile's competitiveness not only through resources and new markets but also through technological development and specialized know-how.
Chile has achieved widespread international recognition for its success in attracting FDI.

According to the 2009 World Investment Report, published by the United Nations Conference on Trade and Development (UNCTAD), the stock of FDI in Chile reached 59.6% of GDP in 2008 as compared to a world average of 24.5% and, in developing countries, 24.8%.

In 2009, FDI in Chile reached US$12,702 million, down by 16% on the previous year. However, this occurred in a context in which global FDI contracted by 39% and inflows into South America fell by 40%, according to Foreign Direct Investment in Latin America and the Caribbean, a report by the UN Economic Commission for Latin America and the Caribbean (ECLAC). The study found that, relative to GDP, Chile was the region's largest FDI recipient and, in terms of net amounts, took second place after Brazil, with Mexico in third place.

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