Colombian Economy & Banking Sector Analysis
•
Chilean Economy
Advanced economy with wide-ranging trade links
Chile's mix of economic activities reflects its
status as an advanced market economy
Chile's diversified trading relationships are
supported by 23 free-trade agreements with
60 countries that account for 73% of global
GDP
Investment has been a strong contributor to
growth in Chile, which should underpin future
productivity gains as the economy rebounds
from recent social difficulties
16.4%
Finance, Insurance,
& Real Estate
8.2%
Other
1.5%
Restaurants &
Hotels
8.0%
Transportation &
Warehousing
3.4%
Natural Resources
CHILEAN
GDP BY
INDUSTRY
(Q12020)
18.6%
Housing & Personal
Services
8.6%
Wholesale & Retail Trade
10.4%
Manufacturing
13.2%
Mining and Oil &
Gas Extraction
6.9%
Construction
4.9%
Public Administration
8
y/y % change
60
4
2
Contributions to Chilean GDP Growth
Top 5 Trading Partners
Others
38%
China
29%
Net Exports
-4
Investment
Consumption
Inventories
Government
Real GDP
South Korea
-6
United
States
17
18
Sources: Scotiabank Economics, Haver Analytics.
19
20
20
4%
Japan Brazil
6%
7%
16%
0
-2
68
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