Located on the Southern Pacific coast of South America. Chile’s long, thin appearance makes it appear to be weak and small, but don’t be fooled Chile is a slumbering giant waiting to be awakened. If you play your cards right a finish in the Top 8 is entirely possible.
Chile starts out fairly averagely for South American countries with low literacy (12%) and a population just over one million. In order to gear up the economy you will need a steady stream of immigrants to fuel it. In order to attract immigrants you will need to do a few things. First save up money by putting Crime Fighting, Defense Spending and Army Maintenance as low as they can go and put Education to full on your sliders (You need to get that literacy up!). Also put all your taxes at 50% and put tariffs up to full. You need to make a lot of money fairly quickly. When you have about $3000+ change the population of farmers in Santiago that has around 30,000 into clerks. Next change your Voting Rights to “According to Wealth.” These together will ensure that you always the Liberal Party elected, which is one of the factors that helps attract immigrants. Also from the start of the game you should be researching “Practical Steam Engine” so afterwards you can get “Mechanical Production” and get some machine parts. When you have them build a glass factory in Santiago immigrants should be piling into the region even before the factory opens. Theres no need to build the factory in Valparaiso yet because early in the grain in La Serena will turn into precious metal and immigrants will flock there in huge numbers. Even after immigration to Santiago stops they’ll continue to go to Valparaiso. Ok you are going to want to try and get the Experimental Railroad tech as fast as you can so that you can not only improve the efficiency of production in your provinces, but more importantly you need it to improve your rank. If you get railroads fast enough you should be able to slip into the Top 8 early on which will give you access to purchasing machine parts/steamer convoys etc. Try and grab colonies where you can. Its all opportunistic, if you can then do it. From this point your economy should be in fairly good shape and giving you a reasonable profit, definitely enough to continue growth indefinitely. With the money to back your country you now have enormous potential for expansion or whatever you feel like. I followed this basic strategy and I got Chile to #4 in the world by 1920, ahead of France and Russia, with a population of around 20 million and this is with only adding the lands that Chile has territorial claims on (Antofagasta, Calama and Arica) and with Integral Rail Systems in every province.