Investor Presentation
Chilean Economy
Advanced economy with wide-ranging trade links
•
Chile's mix of economic activities reflects its
status as an advanced OECD economy
Chile's diversified trading relationships are
supported by 30 free-trade agreements with
70 countries that account for 88% of global
GDP
Public support for households and
businesses has powered a strong rebound in
consumption
GDP 2021: 11.7%
GDP 2022F:
14.5%
Finance, Insurance,
& Real Estate
10.9%
Other
1.9%
Restaurants &
Hotels
8.7%
Transportation
& Warehousing
3.0%
GDP 2023F: 0.0%
Sources: Scotiabank Economics, Bloomberg, as of May 5, 2022.
Contributions to Chilean GDP Growth
40
y/y % change
30
3.7%
Natural Resources
CHILEAN
GDP BY
INDUSTRY
(Q4-2021)
10.1%
Wholesale & Retail Trade
19.7%
Housing &
Personal Services
Top Trading Partners*
9.0%
Manufacturing
10.6%
Mining and Oil &
Gas Extraction
6.2%
Construction
4.8%
Public Administration
20
10
0
-10
Net Exports
Investment
-20
Consumption
-30
17
18
Inventories
Government
Real GDP
19
Sources: Scotiabank Economics, Haver Analytics.
20
21
21
Others
27%
China
36%
Japan 5%
Brazil 7%
United States
EU 9%
16%
* Trade data updated as of Q4-2021.
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