Chile Economic Overview
Chilean equities are currently in a bottoming out phase due to the economic and political risks during 2019, coupled with new risks created from the coronavirus this year. Chile has a very stable macroeconomic profile and is arguably one of the best destinations for investing among all Latin American and Central American countries.
Some of the economic highlights that I covered in my previous article on Chile, include the following: 1) Relatively stable growth, which can rebound amid rising copper prices, 2) Lower levels of public debt (circa 30% of GDP),