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22 November, 2020 Chile Global: 26 Availability: 40 Cost: 8 Regulation: 43 Productivity: 15 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21) Region: 4 Availability: 5 Cost: 1 Regulation: 7 Productivity: 4 Remote Readiness 4 Remote Readiness 35 Chile has spent over $20 billion USD which included increased healthcare spending, food baskets, rent subsidies and direct payments to middle-class workers. To protect jobs and the economy, the Government has introduced measures including: • Increased subsidies and unemployment benefits • Financial support for vulnerable and independent workers • Corporate tax reductions https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Santiago Airport opened its air border on the 23 rd of November. Non-resident foreigners entering Chile must have a negative Covid-19 test and health or travel insurance that covers Covid-19. Additionally travellers may have to quarantine for 14 days. 8.4% 4.5% 0% 20% Chile Regional Ave. % of GDP Chile Q4 2019* Q4 2020* % Change YOY Total Workforce 9.08M 7.89M -13.1% Unemployment Rate (%) 7.0% 12.3% +76% Unemployed Workers 635K 970K +53% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/