Victoria is a city in Malleco Province, Araucanía Region, Chile. It spans over 1,256 sq km (485 sq mi) and has a population of 34,000 people (2012 estimate). The city is within sight of a number of majestic volcanoes of the Andes, among them Tolhuaca Longquimay, Sierra Nevada and Llaima.

Victoria was founded in 1881 by Bernardo Muñoz Vargas. It lies on a plateau overlooking the valley of River Traiguén. In the beginning it consists only of a cluster of huts around a military outpost. The village grew as it attracted German settlers on a program to populate the area.

The economy of Victoria is supported by agriculture, from dairy and livestock to forestry and services. It is today the second most populous city in the province after Malleco.

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