Chile PESTLE Insights - A Macroeconomic Outlook Report

Chile PESTLE Insights - A Macroeconomic Outlook Report

Summary

According to GlobalData estimates, mining, manufacturing and utilities activities contributed 27.4% towards GVA, followed by wholesale, retail and hotels activities (12.4%), and construction (6.7%) in 2022. The three sectors are forecast to grow by 4.6%, 6.3%, and 5.7%, respectively, in 2023.

According to the World Intellectual Property Organization, Global Innovation Index (2022), Chile secured 33 rank on logistics performance among 132 economies

Key Highlights

The IPSA Index exhibited a volatile trend over past year. As of March 24, 2023, the Index stood at 5,275.4, compared to 4,954.4 on March 24, 2022.

Scope

• In January 2023, the Chilean government announced a plan to launch 13 concession contracts for cable cars and light rails, highways and airports. The total investment required will be $3.9 billion.

Reasons to Buy

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.