Latin America’s most stable market, Chile has recorded average annual economic growth of 6% for the past three years, its unemployment levels are low and inflation was only 1.5% in 2012, according to the country’s central bank. Furthermore, the country's gross domestic product (GDP) growth is projected to be between 4.25% and 5.25% in 2013, a healthy figure considering the lingering global economic malaise stalling growth in many other parts of the world.
Part of Chile's success is down to its natural riches. The country has benefited from high commodities prices – especially copper – sustained demand from China and good levels of domestic investment in its mining sector. But an equally important factor aiding the country's economic development is its attractive framework for foreign investments.
