Chile is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Chile may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries may have a lower life expectancy than citizens of developed countries. Each year, Chile exports about US$77.94 billion and imports about US$75.7 billion. 7.3% of the country's population is unemployed. The total number of unemployed in Chile is 1,328,396. In Chile, 14.4% of the population lives below the poverty line. The proportion of citizens living below the poverty line in Chile is low, indicating a stable economy. Investors should consider Chile a safe location for investments and other financial ventures. Government spending on education is 4% of GDP. The country's Gini index is 52.1. Chile experiences inequality. The gap between the richest and poorest citizens in this country is significant and evident, resulting in drastically different living standards for rich and poor citizens. Chile has a Human Development Index (HDI) of 0.822. Chile has a high HDI value. This suggests that the majority of citizens will be able to lead desirable lives while providing significant assistance and support to citizens with lower living standards. The Global Peace Index (GPI) for Chile is 1.563. Due to the strong presence of the law enforcement authorities and the high level of social responsibility, Chile is very safe by international standards. The strength of the Legal Rights Index for Chile is 4. Overall, it is considered rather insufficient – bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to a certain extent; Credit information may be sufficient but scarcely available or, conversely, available but not sufficient.

Currency
The currency of Chile is Chilean peso. The plural form of the word Chilean peso is pesos. The symbol used for this currency is $, and it is abbreviated as CLP. The Chilean peso is divided into Centavo; there are 100 in one peso.

Credit rating
The depth of credit information index for Chile is 6, which means that information is mostly sufficient and quite detailed; accessibility is not a problem. According to the S&P credit-rating agency, Chile has a credit rating score of AA-, and the prospects of this rating are positive. According to the Fitch credit-rating agency, Chile has a credit rating score of A+, and the prospects of this rating are stable. According to the Moody's credit-rating agency, Chile has a credit rating score of Aa3, and the prospects of this rating are stable.

Central bank
The prime lending rate of Chile's commercial banks is 8.1. In Chile, the institution that manages the state's currency, money supply, and interest rates is called Central Bank of Chile. Locally, the central bank of Chile is called Banco Central de Chile. The average deposit interest rate offered by local banks in Chile is 3.9%.

Public debt
Chile has a government debt of 226.1% of the country's Gross Domestic Product (GDP), as assessed in 2013.

Tax information
The corporate tax in Chile is set at 22.5%. Personal income tax ranges from 0% to 40%, depending on your specific situation and income level. VAT in Chile is 19%.