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Analysis by Region - Emerging Markets - Chile

Publisher Oxford Economics
Published Mar 29, 2025
Length 11 Pages
SKU # OFE19906807

Description

We have revised our 2025 GDP growth forecast for Chile down by 0.1ppt to 2.4% y/y, driven by a downward revision to investment amid the global uncertainty. However, we believe the impact of the international outlook will be more pronounced next year, prompting a larger reduction in our 2026 forecast of 0.5ppts, to 2.4%. On a positive note, the Q4 national accounts confirmed that consumer expenditure remained resilient, and prospects are positive.

Table of Contents

11 Pages
Chile: Global headwinds hit the outlook
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

Pricing

Currency Rates
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