5 Most Innovative Economies in Central and South America

2. Chile

R&D Expenditure as a Percentage of GDP (2020): 0.33%

High Technology Exports (2021): $1.26 billion

Digital Adoption Index (2016): 0.756

Insider Monkey Score: 2.8

Chile is ranked 2nd on our list. In 2016, the country reported a DAI of 0.756. In 2020, the country spent a total of 0.33% on R&D. The high technology exports of the country were $1.26 billion in 2021.