Industrial production in Chile advanced 2.9 percent year-on-year in March of 2021, following an upwardly revised 3.5 percent contraction in the previous month. It was the first expansion of industrial output since October of 2020, driven by a rebound across industrial activities. Manufacturing output rose the fastest (3.9 percent vs -0.4 percent in February), on the back of alcoholic & non-alcoholic beverages (10.6 percent); followed by mining (2.1 percent vs -6.9 percent), mostly metallic minerals (1.8 percent); and production of electricity, gas and water supply (1.8 percent vs -4.3 percent), underpinned by higher electricity production (2.4 percent). On a seasonally adjusted monthly basis, industrial activity went up 1.3 percent, after an upwardly revised 0.3 percent drop in the previous month. source: National Institute of Statistics, Chile

Industrial Production in Chile averaged 1.67 percent from 1997 until 2021, reaching an all time high of 14.05 percent in May of 2000 and a record low of -11.50 percent in February of 2009. This page provides - Chile Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Industrial Production in Chile is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Chile to stand at 1.40 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 3.00 percent in 2022 and 3.20 percent in 2023, according to our econometric models.

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Chile Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
2.90 -3.50 14.05 -11.50 1997 - 2021 percent Monthly
NSA, 2014=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 12:00 PM Dec -4.1% -0.5% -1.6%
2021-02-26 12:00 PM Jan -2.4% -3.6% -2.8%
2021-03-31 12:00 PM Feb -3.4% -2.4% -1.3%
2021-04-30 01:00 PM Mar 2.9% -3.5% -4%
2021-05-31 01:00 PM Apr 2.9%
2021-06-30 01:00 PM May
2021-07-30 01:00 PM Jun
2021-08-31 01:00 PM Jul


News Stream
Chile Industrial Output Rebounds in March
Industrial production in Chile advanced 2.9 percent year-on-year in March of 2021, following an upwardly revised 3.5 percent contraction in the previous month. It was the first expansion of industrial output since October of 2020, driven by a rebound across industrial activities. Manufacturing output rose the fastest (3.9 percent vs -0.4 percent in February), on the back of alcoholic & non-alcoholic beverages (10.6 percent); followed by mining (2.1 percent vs -6.9 percent), mostly metallic minerals (1.8 percent); and production of electricity, gas and water supply (1.8 percent vs -4.3 percent), underpinned by higher electricity production (2.4 percent). On a seasonally adjusted monthly basis, industrial activity went up 1.3 percent, after an upwardly revised 0.3 percent drop in the previous month.
2021-04-30
Chile Industrial Output Contracts for Fourth Straight Month
Industrial production in Chile fell 3.4 percent year-on-year in February of 2021, following a 2.4 percent decrease in the previous month. Mining activity shrank 6.2 percent, amid a 6.9 percent drop in copper production; and production of electricity, gas and water supply declined 4.4 percent. Manufacturing output went down 0.6 percent, with main downward pressure from a 4.2 percent drop in food manufacturing, and a 37.1 percent plunge in machinery and equipment manufacturing, while manufacturing of chemical substances surged 20.4 percent. On a seasonally adjusted monthly basis, industrial activity inched down 0.1 percent, after expanding 1.3 percent in the previous month.
2021-03-31
Chile Industrial Production Down by Third Month in a Row
Industrial production in Chile fell 2.4 percent year-on-year in December of 2020, following an upwardly revised 3.6 percent decrease in the previous month. Manufacturing output fell 4.4 percent largely due a 20.6 percent plunge in the manufacture of chemical substances and products. Mining activity shrank 0.4 percent, as copper production decreased 0.6 percent; and production of electricity, gas and water supply edged down 1.6 percent, following a 0.1 percent drop in the prior month. On a seasonally adjusted monthly basis, industrial activity went up 1.3 percent, after stalling in the previous month.
2021-02-26
Chile Industrial Output Falls Faster in December
Industrial production in Chile fell 4.1 percent year-on-year in December of 2020, following a downwardly revised 0.5 percent decrease in the previous month. Mining activity declined 9.3 percent, as copper production tumbled 8.7 percent; and production of electricity, gas and water supply edged down 0.1 percent. On the other hand, manufacturing production increased 0.4 percent, rebounding from a 1.4 percent drop in November. On a seasonally adjusted monthly basis, industrial output showed no growth after falling 1.8 percent in November.
2021-01-29

Chile Industrial Production
In Chile, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.