The Gross Domestic Product (GDP) in Chile expanded 2.30 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Chile GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Chile expanded 0.70 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Chile GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the growth of the real gross domestic product (GDP) in Chile was approximately 2.64 percent. Between 1980 and 2024, the figure dropped by around 5.31 percentage points, though the decline followed an uneven course rather than a steady trajectory. The growth is forecast to decline by about 0.41 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Chile GDP for 2023 was 335.53 billion US dollars, a 11.06% increase from 2022.

<ul style='margin-top:20px;'>

<li>Chile GDP for 2022 was <strong>302.12 billion US dollars</strong>, a <strong>4.25% decline</strong> from 2021.</li>
<li>Chile GDP for 2021 was <strong>315.52 billion US dollars</strong>, a <strong>24.2% increase</strong> from 2020.</li>
<li>Chile GDP for 2020 was <strong>254.04 billion US dollars</strong>, a <strong>8.71% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The latest data from show economic growth of 2.29 pour cent, which is a decrease from the rate of growth of 3.97 pour cent in the previous quarter and
a decrease compared to the growth rate of 3.32 pour cent in the same quarter last year. The economic growth time series for Chili cover the period...

Chile CL: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 0.087 % in 2023. This records a decrease from the previous number of 1.483 % for 2022. Chile CL: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 2.756 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 10.232 % in 2021 and a record low of -14.277 % in 1975. Chile CL: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Economic growth, quarterly in Chile, December, 2024 The most recent value is 0.36 percent as of Q4 2024, a decline compared to the previous value of 1.47 percent. Historically, the average for Chile from Q2 1995 to Q4 2024 is 0.87 percent. The minimum of -12.58 percent was recorded in Q2 2020, while the maximum of 6.85 percent was reached in Q4 2020. | TheGlobalEconomy.com

Chile economic growth for 2018 was $481.43, a 1.71% increase from 2018.

<ul style='margin-top:20px;'>

<li>Chile economic growth for 2018 was <strong>$473.33</strong>, a <strong>0.23% increase</strong> from 2018.</li>
<li>Chile economic growth for 2018 was <strong>$472.26</strong>, a <strong>1.1% increase</strong> from 2018.</li>
<li>Chile economic growth for 2018 was <strong>$467.14</strong>, a <strong>1.11% increase</strong> from 2017.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Chile: Economic growth forecast: The latest value from 2030 is 2.23 percent, a decline from 2.31 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Chile from 1980 to 2030 is 3.82 percent. The minimum value, -13.59 percent, was reached in 1982 while the maximum of 11.32 percent was recorded in 2021.

CL: GDP: Growth: Gross Value Added: Services data was reported at 2.684 % in 2016. This records a decrease from the previous number of 2.685 % for 2015. CL: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 4.924 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 12.377 % in 1992 and a record low of -10.141 % in 1982. CL: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

The Gross Domestic Product (GDP) in Chile was worth 335.53 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Chile represents 0.32 percent of the world economy. This dataset provides - Chile GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Chile Nominal GDP Growth

• Chile Nominal GDP Growth was reported at 9.139 % in Sep 2024.
• This records an increase from the previous number of 8.271 % for Jun 2024.
• Chile Nominal GDP Growth data is updated quarterly, averaging 8.682 % from Mar 1991 to Sep 2024, with 135 observations.
• The data reached an all-time high of 33.882 % in Dec 1991 and a record low of -5.210 % in Jun 2020.
• Chile Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Central Bank of Chile provides Nominal GDP in local currency ased on SNA 2008 with benchmark year 2018. Nominal GDP Growth prior to Q1 1997 is based on SNA 1993.

Key information about Chile Real GDP Growth

• The Gross Domestic Product (GDP) in Chile contracted 0.1 % YoY in Sep 2022, following a growth of 5.8 % in the previous quarter.
• Real GDP Growth YoY data in Chile is updated quarterly, available from Mar 1987 to Sep 2022, with an average rate of 5.1 %.
• The data reached an all-time high of 18.2 % in Jun 2021 and a record low of -14.2 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Central Bank of Chile provides Real GDP in local currency based on SNA 2008, at chain linked 2018 prices. Real GDP Growth prior to Q1 1997 is calculated from Real GDP based on SNA 1993, at 2003 prices.


Related information about Chile Real GDP Growth

• In the latest reports, Nominal GDP of Chile reached 69.1 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 6.2 % in Sep 2022.
• GDP Per Capita in Chile reached 16,054.4 USD in Dec 2021.
• Its Gross Savings Rate was measured at 14.8 % in Sep 2022.
• For Nominal GDP contributions, Investment accounted for 27.3 % in Sep 2022.
• Public Consumption accounted for 14.6 % in Sep 2022.
• Private Consumption accounted for 65.2 % in Sep 2022.

Chile CL: GDP: Growth: Gross Fixed Capital Formation data was reported at -1.109 % in 2023. This records a decrease from the previous number of 3.924 % for 2022. Chile CL: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 6.453 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 29.998 % in 1989 and a record low of -38.301 % in 1982. Chile CL: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Full Year GDP Growth in Chile increased to 2.60 percent in 2024 from 0.20 percent in 2023. This dataset includes a chart with historical data for Chile Full Year GDP Growth.

Chile: Uneven economic development index, 0 (low) - 10 (high): The latest value from 2024 is 4.7 index points, a decline from 4.9 index points in 2023. In comparison, the world average is 5.28 index points, based on data from 176 countries. Historically, the average for Chile from 2007 to 2024 is 5.04 index points. The minimum value, 4 index points, was reached in 2007 while the maximum of 5.7 index points was recorded in 2017.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

The Gross Domestic Product per capita in Chile was last recorded at 14226.52 US dollars in 2023. The GDP per Capita in Chile is equivalent to 113 percent of the world's average. This dataset provides - Chile GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the distribution of gross domestic product (GDP) across economic sectors in Chile from 2013 to 2023. In 2023, the share of agriculture in Chile's gross domestic product was 3.52 percent, industry contributed approximately 29.67 percent and the services sector contributed about 56.91 percent.

Chile CL: GDP: Growth: Imports of Goods and Services data was reported at -12.012 % in 2023. This records a decrease from the previous number of 1.527 % for 2022. Chile CL: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 7.914 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 36.156 % in 1966 and a record low of -38.459 % in 1975. Chile CL: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;