Macroeconomic Outlook Report: Chile

Macroeconomic Outlook Report: Chile

Summary

Mining, manufacturing, and utilities contributed 29.3% to the gross value added (GVA) in 2023, followed by wholesale, retail, and hotels (11.8%) and transport, storage and communications (7.7%). In nominal terms, the three sectors are forecast to grow by 6.0%, 4.8%, and 3.7%, respectively, in 2024.

Four major regions in Chile generated 52.3% of the country’s GDP and comprised 53.0% of the country’s population, as of 2023, according to GlobalData’s cities database

The IPSA Index exhibited a volatile trend over past year. As of April 18, 2024, the index stood at 6,455.6, compared to 5,474.6 on April 18, 2023.

Scope

• According to the World Bank, Logistics Performance Index (2023), Chile ranked 61st out of 139 nations in 2023.

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.