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 |
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| Economic Data | Year | Amount | Year | Amount | |
| Host Country Gross Domestic Product (GDP) ($M USD) | 2018 | 298,718 | 2018 | 298,238 | 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 |
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| U.S. FDI in partner country (USD million, stock positions) | 2018 | 36,848 | 2018 | 26,146 | BEA data available at https://www.bea.gov/international/ direct-investment-and-multinational- enterprises-comprehensive-data |
| Host country’s FDI in the United States (USD million, stock positions) | 2018 | 13,224 | 2018 | 3,066 | BEA data available at https://www.bea.gov/international/ direct-investment-and-multinational- enterprises-comprehensive-data |
| Total inbound stock of FDI as % host GDP | 2018 | 92.4% | 2018 | 90.3% | UNCTAD data available at https://unctad.org/en/Pages/DIAE/ World%20Investment%20Report/ Country-Fact-Sheets.aspx |
* Source for Host Country Data: Central Bank of Chile, year-end data is published in March 31 of the following year.
Table 3: Sources and Destination of FDI
According to the IMF’s Coordinated Direct Investment Survey (CDIS), total stock of FDI in Chile in 2018 amounted to USD 251.9 billion, compared to USD 274.7 billion in 2017. The United States remains the main source of FDI to Chile with USD 36.1 billion, representing 14.3 percent of the total.
The following top sources (Spain, Canada, the Netherlands, and the UK) accounted for 39.2 percent of Chile’s inward FDI stock. Chile’s outward direct investment stock in 2018 remains concentrated in South America, where Panama, Brazil, and Peru together represented 33.4 percent of total Chilean outward FDI. The United States accounted for 10.5 percent of the total.
The data below is consistent with host country statistics. Although not included in the table below, tax havens are relevant sources of inward FDI to Chile, with the British Virgin Islands, Cayman Islands and Bermuda ranking sixth, seventh and eighth in inbound sources of FDI respectively, according to the Central Bank of Chile. The Cayman Islands and Luxembourg rank eighth and ninth, respectively, among Chile´s main outward FDI destinations.
| Direct Investment from/in Chile Data | |||||
| From Top Five Sources/To Top Five Destinations (US Dollars, Millions) | |||||
| Inward Direct Investment | Outward Direct Investment | ||||
| Total Inward | 251,867 | 100% | Total Outward | 119,036 | 100% |
| United States | 36,131 | 14.3% | Panama | 15,063 | 12.7% |
| Spain | 35,985 | 14.3% | Brazil | 12,994 | 10.9% |
| Canada | 30,888 | 12.3% | United States | 12,507 | 10.5% |
| The Netherlands | 19,869 | 7.9% | Peru | 11,623 | 9.8% |
| United Kingdom | 11,951 | 4.7% | British Virgin Islands | 8,787 | 7.4% |
| “0” reflects amounts rounded to +/- USD 500,000. | |||||
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 2019 amounted to USD 186.6 billion, of which USD 147.7 billion were equity and investment funds shares, and the rest were debt securities. Luxembourg (a tax haven) and the United States were the main sources of portfolio investment to Chile with US $57.9 billion and $56.9 billion, representing 31 percent and 30 percent of the total, respectively. Both countries also represent 68 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.
| Portfolio Investment Assets | ||||||||
| Top Five Partners (Millions, current US Dollars) | ||||||||
| Total | Equity Securities | Total Debt Securities | ||||||
| All Countries | 186,654 | 100% | All Countries | 147,722 | 100% | All Countries | 38,932 | 100% |
| Luxembourg | 57,888 | 31% | Luxembourg | 57,526 | 39% | United States | 14,626 | 38% |
| United States | 56,880 | 30% | United States | 42,255 | 29% | Mexico | 4,723 | 12% |
| Ireland | 14,422 | 8% | Ireland | 14,356 | 10% | Japan | 4,064 | 10% |
| United Kingdom | 6,425 | 3% | United Kingdom | 5,366 | 4% | Germany | 38,932 | 5% |
| Germany | 6,319 | 3% | Germany | 4,255 | 3% | United Kingdom | 1,551 | 4% |