Impact of the FDI on Chilean economy
- 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.