February 13, 2020
Foreign direct investment (FDI) in Chile shot up 78% to $10.8 billion in 2019, marking the second straight year of growth, the foreign investment promotion agency InvestChile said in a press release on Wednesday.
FDI grew 4% year-on-year to $6.08 billion in 2018, according to InvestChile.
Despite the sharp increase last year, FDI fell short of the annual average of $11.2 billion from 2015 to 2019, the agency said.
Equity investments jumped 236% year-on-year to $6.82 billion and accounted for 63%
FDI grows for the second straight year, jumping 78% to $10.8 bln in 2019