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Analysis by Region - Emerging Markets - Chile

Publisher Oxford Economics
Published Jun 20, 2025
Length 8 Pages
SKU # OFE20204892

Description

Our 2025 GDP growth forecast remains unchanged at 2.4%, supported by resilient private consumption. Although we lowered the investment rebound forecast by 1ppt to 3% this year, reflecting weakened business confidence amid presidential elections, strong net trade performance in Q1 more than offset this. For 2026, we expect growth to slow slightly to 2.2%, due to an anticipated deterioration in the external trade sector amid a gloomy global outlook.

Table of Contents

8 Pages
Chile: Stable outlook for now, but politics may shift the path
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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