Name: Chile Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Chile's economy expanded 11.7 percent in 2021, recovering from a 6.0 percent contraction in 2020. source: Banco Central de Chile

Full Year GDP Growth in Chile averaged 3.72 percent from 1997 until 2021, reaching an all time high of 11.70 percent in 2021 and a record low of -6.00 percent in 2020. This page includes a chart with historical data for Chile Full Year GDP Growth. Chile Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Full Year GDP Growth in Chile is expected to reach -0.60 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Full Year GDP Growth is projected to trend around 2.10 percent in 2024 and 2.30 percent in 2025, according to our econometric models.

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Chile Full Year GDP Growth

The most important sector of Chilean economy is services. Trade, restaurants and hotels, transport, communications, financial and business services, real estate and personal services account for more than 56 percent of the GDP. Mining constitutes 13 percent of the output with copper representing the biggest part. Manufacturing creates 12 percent of the wealth and construction and water, gas and electricity distribution 11 percent. The government fuels 5 percent of the output and the agriculture and fishing sector accounts for the remaining 3 percent of GDP.