The economy in Chile expanded 3 percent on quarter in the three months ended March 2020, recovering from a 4.1 percent contraction in the previous period and beating market expectations of a 2.7 percent growth.
GDP Growth Rate in Chile averaged 0.83 percent from 1997 until 2020, reaching an all time high of 4.30 percent in the second quarter of 2010 and a record low of -4.10 percent in the fourth quarter of 2019. This page provides - Chile GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Banco Central de Chile
GDP Growth Rate in Chile is expected to be -6.00 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 0.50 in 12 months time. In the long-term, the Chile GDP Growth Rate is projected to trend around 0.60 percent in 2021 and 0.80 percent in 2022, according to our econometric models.