7mm latin america Jack

BY Gage Tyson

This is the chile flag not the texas flag


The Economy in chile

Exports account for approximately one-third of GDP, with commodities making up some three-quarters of total exports. Copper alone provides 19% of government revenue. From 2003 through 2012, real growth averaged almost 5% per year, despite the slight contraction in 2009 that resulted from the global financial crisis. 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 European Union, Mercosur, China, India, South Korea, and Mexico. Chile has joined the United States and nine other countries in negotiating the Trans-Pacific-Partnership trade agreement. In 2012, foreign direct investment inflows reached $28.2 billion, an increase of 63% over the previous record set in 2011.


Economy





GDP (purchasing power parity):



$325.8 billion (2012 est.)

country comparison to the world: 43

$308.9 billion (2011 est.)

$291.7 billion (2010 est.)

note: data are in 2012 US dollar





GDP - per capita (PPP):



$18,700 (2012 est.)

country comparison to the world: 72

$17,900 (2011 est.)

$17,100 (2010 est.)

note: data are in 2012 US dollars



name of leader

presidint


capital of chile

sandiago


Tourist Attractions

Penguin Colonies


Cerro San Cristobal

Valle de la luna

Major Geographical features

Pacific Ocean


Andes Mountains

Atacacama desert