February 6, 2020
Investment

The Economist upgrades Chile to “full democracy” on the 2019 Democracy Index

The Economist upgrades Chile to “full democracy” on the 2019 Democracy Index
Only three Latin American countries are in this category.

In the most recent edition of the The Economist Intelligence Unit’s annual Democracy Index, Chile rose a category and entered the group of countries considered “full democracies”, placing 21st on the list with a score of 8.08 points.

According to the report, Chile’s ascent from a “flawed democracy” to a “full democracy” reflects the greater political participation by the Chilean people in recent months. France and Portugal were the two other countries that joined the group.

Chile thus became one of three Latin American countries considered “full democracies”. Uruguay leads the region at no. 15, followed by Costa Rica at no. 19.

The Economist Intelligence Unit’s report considers five factors: electoral process and pluralism, government operations, political participation, political culture and civil liberties.