The Republic of Chile is a state in South America occupying a long, narrow strip between the coast of the Pacific Ocean and the Andes. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, the Pacific Ocean to the west and the Drake Passage to the south. It has a population of more than 17 million inhabitants. Its capital and most populated city is Santiago. Its official language is Spanish and its official currency is the Chilean Peso (CLP).