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Chile’s Economy: Exporting Power, Fiscal Pressures and the Search for Inclusive Growth
The economic recovery driven by exports In 2023 the Chilean economy hardly advanced: real GDP grew by just 0.2%. In 2024, activity rebounded by 2.2%, but the recovery was uneven. Mining and basic services were the ones that led the growth, contributing 16% of GDP. Copper production improved markedly as supply interruptions were reduced and renewable energy capacity expanded. That export push compensated for the blow of domestic consumption and t…
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The economic recovery driven by exports In 2023 the Chilean economy hardly advanced: real GDP grew by just 0.2%. In 2024, activity rebounded by 2.2%, but the recovery was uneven. Mining and basic services were the ones that led the growth, contributing 16% of GDP. Copper production improved markedly as supply interruptions were reduced and renewable energy capacity expanded. That export push compensated for the blow of domestic consumption and t…
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