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80% of the Chilean economy is free. In the Index of Economic Freedom World Rankings by Heritage Foundation, Chile placed 11th of 179 countries.
The transparency of the Chilean government and the role of non-interference guarantees freedom to businesses and individuals, foreign or local, to determine the nature of its business activities.
The Chilean regulatory system is non-discriminatory and ensures the right to private property. Furthermore, private activity has reached the farthest corners of most industries, and Chilean authorities now encourage private investment in public services and infrastructure.
As a result, the Chilean model of free enterprise and free and open markets have created a dynamic economic growth.
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