The World Bank In Chile

Chile has been one of Latin America’s fastest-growing economies in recent decades, enabling the country to significantly reduce poverty. However, more than 30% of the population is economically vulnerable and income inequality remains high.

Chile At-A-Glance

Chile has been one of Latin America’s fastest-growing economies in recent decades, enabling the country to significantly reduce poverty. Between 2000 and 2015, for example, the population living in poverty (on US$ 4 per day) decreased from 26 percent to 7.9 percent. Nevertheless, GDP growth fell from a high of 6.1 percent in 2011 to 1.6 percent in 2016 because of declining copper prices, which ...

Overview

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World Bank Research and Development Center in Chile

The Center fully commenced operations on December 13th, 2018 and carries out research activities with its own research team and in coordination with other World Bank units, including the Malaysia Hub, local and regional policy makers, and academia.