• According to InvestChile’s analysis, the cumulative annual figure as of October was 11% higher than the historical average (2003-2024).

 The Central Bank reported foreign direct investment (FDI) figures as of October, indicating that the country received a net flow of US$ 14.1 billion in the first ten months of 2024. The figure is 11% higher than the January-October average for the last two decades (since 2003).

In October alone, US$ 1.2 billion in foreign direct investment entered Chile.

However, the high basis of comparison left the cumulative figure 30% below last year’s flow as of the same date. It is important to remember that the cumulative FDI from January to October 2023 reached US$ 20.1 billion, and, in annual terms, the overall 2023 figure set a nine-year record.

At US$ 7.5 billion, reinvested earnings constitute the largest component of 2024 cumulative FDI flows, followed by capital at US$ 2.4 billion and related-party debt at US$ 1.9 billion.

Working to attract more investment 

InvestChile Director Karla Flores commented, “The figures show that foreign investment remains dynamic in Chile. They also reflect a competitive regional and global scenario—the causes are no mystery, as geopolitical tensions, economic fragmentation and challenging financial conditions make relocating operations abroad more expensive and riskier. Global investment flows reflect this. Given the context, FDI in Chile offers intriguing results and projections. Chile presents extremely compelling arguments and opportunities, especially in high-potential industries. InvestChile currently supports over 400 investment projects that are bringing in investment today and over the next 18 months,” she said.