 Chile has an inequality-adjusted human development index of 0.696, compared to 0.703, 0.714 and 0.575 for neighboring Uruguay, Argentina and Brazil, respectively.In 2017, only 0.7% of the population lived on less than US$1.90 a day.The Global Competitiveness Report for 2009–2010 ranked Chile as being the 30th most competitive country in the world and the first in Latin America, well above Brazil (56th), Mexico (60th), and Argentina which ranks 85th; it has since fallen out of the top 30.