Chile
13. Foreign Direct Investment and Foreign Portfolio Investment Statistics
| Host Country Statistical source* | USG or international statistical source | USG or International Source of Data: BEA; IMF; Eurostat; UNCTAD, Other | |||
|---|---|---|---|---|---|
| Economic Data | Year | Amount | Year | Amount | |
| Host Country Gross Domestic Product (GDP) ($M US$) | 2020 | $252.9 | 2020 | $252.940 | www.worldbank.org/en/country |
| Foreign Direct Investment | Host Country Statistical source* | USG or international statistical source | USG or international Source of data: BEA; IMF; Eurostat; UNCTAD, Other | ||
| U.S. FDI in partner country (US$ billion, stock positions) | 2020 | $31.84 | 2020 | 23.01 | BEA data available at https://apps.bea.gov/international/factsheet/ |
| Host country’s FDI in the United States (US$ billion, stock positions) | 2020 | $12.9 | 2019 | 3.0 | BEA data available at https://www.bea.gov/international/direct-investment-and-multinational-enterprises-comprehensive-data |
| Total inbound stock of FDI as % host GDP | 2019 | 109.9% | 2020 | 41.4% | OECD data available at https://data.oecd.org/ |
* Source for Host Country Data: Central Bank of Chile.
| Direct Investment from/in Counterpart Economy Data | |||||
|---|---|---|---|---|---|
| From Top Five Sources/To Top Five Destinations (US Dollars, Millions) | |||||
| Inward Direct Investment | Outward Direct Investment | ||||
| Total Inward | 188,885 | 100% | Total Outward | 71,705 | 100% |
| Canada | 30,592 | 13.6% | Brazil | 13,102 | 16.5% |
| United States | 28,994 | 13.5% | United States | 10,095 | 9.9% |
| Spain | 21,451 | 13.5% | Peru | 10,043 | 9.2% |
| The Netherlands | 19,526 | 8.1% | Colombia | 6,734 | 7.1% |
| United Kingdom | 15,740 | 7.4% | Argentina | 5,291 | 7.0% |
| “0” reflects amounts rounded to +/- US$ 500,000. | |||||
According to the IMF’s Coordinated Direct Investment Survey (CDIS), total stock of FDI in Chile in 2020 amounted to US$ 188.9 billion, compared to US$ 254.3 billion in 2019. Canada, the United States and Spain are the main sources of FDI to Chile with US$ 30.6 billion, US$ 29.0 billion and US$ 21.5 billion, respectively, concentrating 42.9 percent of the total.
Chile’s outward direct investment stock in 2020 amounted to US$ 188.9 billion, compared to US$ 71.7 billion in 2020, a significant decrease compared to US$ 130.2 billion in 2019. It remains concentrated in South America, where Brazil, Peru, Colombia and Argentina together represented 49 percent of total Chilean outward FDI. The United States accounted for 14.1 percent of the total, an increase compared to 2019 when it represented 9.2 percent of the total.
The data below is consistent with host country statistics. Although not included in the table below, tax havens are relevant destinations of outward FDI to Chile, with the British Virgin Islands, Panama, Luxembourg, and Cayman Islands ranking sixth, seventh, ninth and tenth in inbound sources of FDI, respectively, according to the Central Bank of Chile. The Cayman Islands and Bermuda rank sixth and seventh and tenth, respectively, among Chile´s main inward FDI source.
Table 4: Sources of Portfolio Investment
According to the IMF’s Coordinated Portfolio Investment Survey (CPIS), total stock of portfolio investment in Chile as of June 2021 amounted to US$ 200.4 billion, of which US$ 164.6 billion were equity and investment funds shares, and the rest were debt securities. The United States and Luxembourg (a tax haven) were the main sources of portfolio investment to Chile with US $71.3 billion and $54.9 billion, representing 35.6 percent and 27.4 percent of the total, respectively. Both countries also represent 65 percent of the total of equity investment. Ireland, the United Kingdom and Germany are the following top sources of equity portfolio investment to Chile, while the United States, Mexico and Japan are the top sources of debt securities investment.