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What is the currency of Chile?

Chile currency

The official currency of the Republic of Chile is the Chilean Peso (abbreviated: CLP), which has been officially used in the country since 1975 AD, and is followed by the symbol $, and it is issued in the form of banknotes from the Central Bank of Chile, or in the form of centavos, the last of which was made in 1984 AD, One Chilean peso contains 100 centavos, and there are many monetary denominations for the currency with a special name for each of them that the Chilean people call it, including: luca, which is called the thousand peso note, and gamba, which is called the one hundred peso currency, and finally Quina, which is called the five hundred peso coin.

Chilean economy

The Chilean economic system is considered one of the safest and most productive systems in South America, and it relies on the mixed economy system, that is, it consists of private and government institutions, as it was classified as a high-income economy by the World Bank, and that it is the largest competing economy in South America, and it occupies the center Thirty in the world, according to the Global Competitiveness Report, in addition to the fact that Chile is the first country to become a member of the Organization for Economic Cooperation and Development among all Latin American countries.

The nominal GDP of the State of Chile amounted to 258 billion dollars for the year 2014 AD, at a rate of 14047 thousand US dollars per Chilean per capita, and the number of the workforce is estimated at about 8.3 million people in different proportions distributed among the work sectors. About 13.2% of the workforce works in the agricultural sector, and 23% in the agricultural sector. Industry, while the largest percentage is 63.9% working in the services sector, and the unemployment rate remains at about 6.9%.

Read also:What is the currency of Lebanon?

Information about the Republic of Chile

There is a lot of identifying information in the Republic of Chile, including the following:

  • The Chilean capital is the city of Santiago.
  • The population of the Republic of Chile is about 16.5 million people, according to 2007 statistics, and most of them speak the official language, Spanish.
  • The Republic of Chile borders three countries: Peru and Bolivia to the north, and Argentina to the east.
  • The republic occupies an area of ​​756945 kmXNUMX2It has a width of 258 km and a coastline of 6435 km.
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