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Impact of the FDI on Chilean economy

grafico-02 bnThe significant increase in FDI seen in recent years has made a decisive contribution to boosting the growth of the Chilean economy and its gains in productivity.

  • Growth of FDI explains over 18% of the acceleration of GDP growth between 2010 and 2012.
  • Around 15% of the growth of employment in Chile since 2010 – or, in other words, 119,600 new jobs – was thanks to higher FDI.
  • Companies in Chile with overseas shareholders pay wages that are on average 130% higher than wholly locally-owned companies of the same size and in the same sector.
  • Around 30% of the increase in the Chile’s total investment rate (gross fixed capital formation) since 2010 was thanks to the increase that on average FDI showed in this period.

Source: Measurement of the Impact of Foreign Direct Investment on the Chilean Economy: Macroeconomic and Microeconomic Perspectives, CIEChile.