Chile GDP Growth Rate chart, historic, and current data. The statistic shows the gross domestic product (GDP) in current prices in Chile from 1984 to 2019, with projections up until 2021. ... (GDP) growth rate in Chile 2025; Copper is Chile’s top export and provides 20% of government revenue. Chile's annual GDP growth was 3.2% in 2008 and had averaged 4.8% from 2004 to 2008. Background. Indicator Name Value; GDP (current US$) 268,313,656,099: Gross national expenditure (current US$) 266,165,672,953: ... Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. GDP 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. From 2003 through 2013, real growth averaged almost 5% per year, despite a slight contraction in 2009 that resulted from the global financial crisis. Annual percentage growth rate of GDP at market prices based on constant local currency. Please check your download folder. Direct access to our calendar releases and historical data. According to the CIA World Factbook, Chile's "sound economic policies", maintained consistently since the 1980s, "have contributed to steady economic growth in Chile and have more than halved poverty rates." Current Chile GDP Growth Rate is 1.59%. 1997-2020 Data | 2021-2022 Forecast | Calendar | Historical. In the years since then, growth has averaged 4% per year. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. GDP From Agriculture in Chile decreased to 516.76 CLP Billion in the third quarter of 2020 from 839.55 CLP Billion in the second quarter of 2020. Chile GDP Growth Rate table by year, historic, and current data. FocusEconomics panelists see the economy contracting 3.2% in 2020, which is down 0.7 percentage points from last month’s forecast. Chile; Gross Domestic Product; ... Growth Rate Same Period Previous Year Q1 2004 to Q2 2020 (Sep 15) Gross Domestic Product by Expenditure in Constant Prices: Government Final Consumption Expenditure for Chile . Trade Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. Chile Economic Growth The economy is seen contracting at a marked pace this year, before rebounding in 2021. Chile - Gross domestic product in constant prices growth rate 1.1 (%) in 2019 In 2019, real … While 1999 was a time of economic adjustment after the fallout of the Asian crisis, Chile is now ready to resume healthy growth in 2000 and beyond.. Chile has the strongest sovereign bond rating in South America. - … GDP Growth Rate in 2017 was 1.49%, representing a change of 3,991,520,316 US$ over 2016, when Real GDP was $267,904,170,064. Publish your articles and forecasts in our website. Gross Domestic Product. 60K Americans could die in next 3 weeks. Chile has been one of Latin America’s fastest-growing economies in recent decades thanks to a solid macroeconomic framework, which enabled the country to cushion the effects of a volatile international context and reduce the population living in poverty (on US$ 5.5 per day) from 30 percent in … World Bank national accounts data, and OECD National Accounts data files. The government's role in the economy is mostly limited to regulation, although … In its March assessment, the Central Bank projected the economy to contract between 1.5%–2.5% in 2020, while it sees growth of between 3.8%–4.8% in 2021.