but remains fairly high. Chile deepened its longstanding
commitment to trade liberalization with the signing of a free trade
agreement with the US, which took effect on 1 January 2004. Chile
signed a free trade agreement with China in November 2005, and it
already has several trade deals signed with other nations and blocs,
including the European Union, Mercosur, South Korea, and Mexico.
Record-high copper prices helped to strengthen the peso to a 6 1/2-year
high, as of December 2006, and added investment in the mining sector
will boost GDP in 2007.

GDP (purchasing power parity):
$203 billion (2006 est.)

GDP (official exchange rate):
$100.3 billion (2006 est.)

GDP - real growth rate:
4.8% (2006 est.)

GDP - per capita (PPP):
$12,600 (2006 est.)

GDP - composition by sector:
agriculture: 5.9%
industry: 49.3%
services: 44.7% (2006 est.)

Labor force:
6.94 million (2006 est.)

Labor force - by occupation:
agriculture: 13.6%
industry: 23.4%
services: 63% (2003)

Unemployment rate:
8.3% (2006 est.)

Population below poverty line:
18.2% (2005)

Household income or consumption by percentage share:
lowest 10%: 1.2%
highest 10%: 47% (2000)

Distribution of family income - Gini index:
57.1 (2000)

Inflation rate (consumer prices):
2.1% (2006 est.)

Investment (gross fixed):
21% of GDP (2006 est.)

Budget:
revenues: $36.71 billion
expenditures: $26.68 billion; including capital expenditures of
$3.33 billion (2006 est.)

Public debt:
3.9% of GDP (2006 est.)

Agriculture - products:
grapes, apples, pears, onions, wheat, corn, oats, peaches, garlic,
asparagus, beans; beef, poultry, wool; fish; timber

Industries:
copper, other minerals, foodstuffs, fish processing, iron and
steel, wood and wood products, transport equipment, cement, textiles

Industrial production growth rate:
5% (2006 est.)

Electricity - production:
50.91 billion kWh (2004)

Electricity - production by source:
fossil fuel: 47%
hydro: 51.5%
nuclear: 0%
other: 1.4% (2001)

Electricity - consumption:
49.09 billion kWh (2004)

Electricity - exports:
0 kWh (2004)

Electricity - imports:
1.744 billion kWh (2004)

Oil - production:
15,100 bbl/day (2006 est.)

Oil - consumption:
238,000 bbl/day (2006 est.)

Oil - exports:
0 bbl/day (2006)

Oil - imports:
222,900 bbl/day (2006 est.)

Oil - proved reserves:
150