Chile has a high-income economy. It is one of the continent’s stable and prosperous countries. The Global Competitiveness Report for 2009-10 ranked Chile as being the 30th most competitive nation in the world and the first in Latin America. Successive Chilean governments have actively pursued trade liberalizing agreements. In May 2010, Chile became the first South American nation to join the OECD. In 2006, it became the country with the highest nominal GDP per capita in Latin America.