Chile is known for its political and economic stability. It has a properly functioning government, is highly integrated internationally through many trade agreements, and relies on commodity exports like copper. Chile joined the OECD in 2009 and has the most stable economy in Latin America with the lowest risk. Its GDP has grown steadily in recent years at over 9% annually, inflation has been low and stable around 3%, and the stock market and currency have strengthened significantly against the dollar. Mining contributes nearly 20% of GDP and over $100 billion in new investments are expected in mining through 2020, presenting opportunities for suppliers.