Analysis by Region - Emerging Markets - Chile

Analysis by Region - Emerging Markets - Chile



Our GDP growth forecasts for Chile remain 2.6% y/y for 2024 and 2.9% y/y for 2025, but risks have tilted to the downside. Although the headline 0.6% q/q GDP contraction in the Q2 national accounts was in line with our forecast and the consensus, there were signs of increased consumer and business caution, potentially related to the ongoing rises in electricity tariffs.


Chile: Growth risks have tilted to the downside
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
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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