Development finance statistics

Chile's Development Co-operation


According to OECD estimates, Chile’s concessional finance for development reached USD 44 million in 2013 compared to USD 38 million in 2012 (OECD estimate). Chile’s contributions through multilateral organisations that would qualify as Official Development Assistance (ODA) amounted to USD 29 million, or 65%.

In October 2013, Chile drafted its first “Policy on International Co-operation”, which describes Chile’s goals, mission, values and approach, based on the South-South co-operation model. The Chilean International Co‑operation Agency is the main entity responsible for managing Chile’s international development co-operation.

Chile’s priority partner countries are primarily in Latin America and the Caribbean. Its co-operation programme is spread across a range of sectors, including governance and institutional strengthening; poverty reduction and social development; and support to industry, innovation and competitiveness. Chile’s bilateral co-operation is mostly provided in the form of technical assistance and scholarships.

Chile is also engaged in triangular co-operation, partnering with several international organisations (e.g. the Inter-American Development Bank and the World Food Programme) and Development Assistance Committee (DAC) members (e.g. Australia, Canada, France, Germany, Korea, Japan, New Zealand, Spain, Switzerland and the United States) to support development in other developing countries (e.g. Bolivia, Colombia, the Dominican Republic, Ecuador, El Salvador, Guatemala and Paraguay).

Chile’s development co-operation through multilateral organisations was primarily channelled through the International Development Association (40%), the Inter-American Development Bank (35%) and the United Nations (25%) in 2013.

Chile, which joined the OECD in 2010, is an observer to the DAC. The special review of its development co‑operation policies and programme was released in 2014.