https://www.confiduss.com/en/jurisdictions/chile/economy/finance/

Finance of Chile
The monthly minimum wage in Chile is 328 USD. Chile has a public debt equivalent to 226.1% of the country's gross domestic product (GDP), estimated in 2013. In terms of consumer prices, Chile's inflation rate is 1.7%. The currency of Chile is the Chilean peso. The plural form of the word Chilean peso is pesos. The symbol used for this currency is $ and is abbreviated as CLP. The Chilean peso is divided into centavos; there are 100 in a peso. Every year, consumers spend around $177,422 million. The ratio of consumer spending to GDP in Chile is 0.06%, and the ratio of consumer spending to world consumer market is 41%. Corporate income tax in Chile is 22.5%. Personal income tax ranges from 0% to 40% depending on your specific situation and income level. VAT in Chile is 19%. In 2013, Chile received US$125.5 million in development aid. In 2014, foreign aid amounted to USD 163.9.

Gross domestic product
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Chile is US$410.853 billion. Gross Domestic Product (GDP) per capita, calculated as Purchasing Power Parity (PPP) in Chile was last seen at $22,577,803. PPP in Chile is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Chile is 277,043 billion. Based on this statistic, Chile is considered as a large economy. Countries with large economies support a variety of industries and businesses and offer numerous opportunities for investment. Large economies support a significant financial sector, making it easy to organize investments and financial transactions. It should be very easy to find good investment opportunities in Chile. Gross domestic product (GDP) per capita in Chile was last seen at $15,224,478. The average citizen in Chile has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Chile averaged 2% in 2014. According to this percentage, Chile is currently experiencing modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will increase accordingly.