Chile

In 2023, Chile ranked fourth in Latin America for average gross income. However, over the year, the country recorded a notable decrease in per capita disposable income amid the economic slowdown, persistent inflationary pressures and higher…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Chile covers production and consumption trends in agricultural commodities, energy…

In 2023, Chile’s economy contracted by 0.3%, due to sluggish private spending, gross fixed capital formation (GFCF) and exports, despite a rise in public consumption. However, projections for 2024 are for GDP growth of 1.7%, driven by robust exports,…

The number of households is set to increase slightly in Chile over 2022-2027, as couples with children will remain the dominant household type. In 2022 household spending was affected by inflation, which stood at 11.6% elevating living costs. The…

Chile continues to lead the region and maintain a significant global stance in the Index of Economic Freedom ranking due to its stable macroeconomic environment, strong financial sector, high higher education attainment rates, and well-established…