The Gross Domestic Product (GDP) in Chile expanded 0.70 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Chile averaged 0.86 percent from 1997 until 2019, reaching an all time high of 4.30 percent in the second quarter of 2010 and a record low of -2.70 percent in the fourth quarter of 1998. source: Banco Central de Chile

GDP Growth Rate in Chile is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Chile to stand at 0.70 in 12 months time. In the long-term, the Chile GDP Growth Rate is projected to trend around 0.80 percent in 2020, according to our econometric models.

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Chile GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.70 4.30 -2.70 1997 - 2019 percent Quarterly
2013=100



Calendar GMT Actual Previous Consensus TEForecast
2019-03-18 11:30 AM Q4 1.3% 0.2% 0.5%
2019-05-20 12:30 PM Q1 0% 1.3% 0.1% 0.3%
2019-08-19 12:30 PM Q2 0.8% 0% 0.8%
2019-11-18 11:30 AM Q3 0.7% 0.7% 1.4%
2020-03-18 11:30 AM Q4 0.7% -2.5%


Chile GDP Growth Rate
Chile has been one of Latin America´s fastest growing economies mostly due to exports of copper. In recent years, the country has been diversifying its industrial base and it has become a success case in the production of salmon and wine.

Chile GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.70 4.30 -2.70 percent [+]
GDP Annual Growth Rate 3.30 1.90 9.50 -3.90 percent [+]
GDP 298.20 277.70 298.20 4.10 USD Billion [+]
GDP Constant Prices 39473.16 39184.87 39473.16 13802.00 CLP Billion [+]
Gross National Product 147343.25 141621.74 147343.25 66182.23 CLP Billion [+]
Gross Fixed Capital Formation 8266.50 8197.15 1486680.24 7233.43 CLP Billion [+]
GDP per capita 15130.20 14748.50 15130.20 3611.90 USD [+]
GDP per capita PPP 22873.81 22296.84 22873.81 8969.84 USD [+]
GDP From Agriculture 555.26 924.68 1980.91 193.80 CLP Billion [+]
GDP From Construction 2367.50 2364.32 2871.59 1102.60 CLP Billion [+]
GDP From Manufacturing 3906.62 4058.06 4127.71 1858.80 CLP Billion [+]
GDP From Mining 3842.67 3726.30 4240.30 2233.20 CLP Billion [+]
GDP From Public Administration 1803.78 1783.01 1803.78 721.60 CLP Billion [+]
GDP From Services 3786.67 3902.12 3902.12 2705.90 CLP Billion [+]
GDP From Transport 2017.43 1979.73 2076.19 708.90 CLP Billion [+]
GDP From Utilities 1058.78 1039.12 1131.59 532.40 CLP Billion [+]