Chile GDP Growth Rate (2026)
Chile has one of Latin America’s most developed economies, supported by mining, services, trade, agriculture, and household consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.4%
Annual real GDP growth
World Rank
#120
Out of 195 countries
Change vs 2025
+0.1 pp
2025: +2.3%
South America Rank
#8
Out of 12 countries
1. Chile GDP Growth Rate in 2026
Chilean economic growth is influenced by copper production, consumer demand, investment, exports, and financial conditions. Commodity prices and demand from major trading partners remain especially important.
2. Chile GDP Growth Rate Trends (1980–2026)
Chile’s growth history has been closely linked to commodity cycles, investment, trade liberalization, and domestic demand. Copper exports have played a major role in shaping economic performance.
3. Chile GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.4% | +0.1 pp |
| 2025 | +2.3% | -0.3 pp |
| 2024 | +2.6% | +2.1 pp |
| 2023 | +0.5% | -1.7 pp |
| 2022 | +2.2% | -9.1 pp |
| 2021 | +11.3% | +17.4 pp |
| 2020 | -6.1% | -6.7 pp |
| 2019 | +0.6% | -3.4 pp |
| 2018 | +4.0% | +2.6 pp |
| 2017 | +1.4% | -0.4 pp |
| 2016 | +1.8% | -0.4 pp |
| 2015 | +2.2% | +0.4 pp |
| 2014 | +1.8% | -1.5 pp |
| 2013 | +3.3% | -2.9 pp |
| 2012 | +6.2% | 0.0 pp |
| 2011 | +6.2% | +0.3 pp |
| 2010 | +5.9% | +7.0 pp |
| 2009 | -1.1% | -4.9 pp |
| 2008 | +3.8% | -1.4 pp |
| 2007 | +5.2% | -0.8 pp |
| 2006 | +6.0% | +0.2 pp |
| 2005 | +5.8% | -0.9 pp |
| 2004 | +6.7% | +2.0 pp |
| 2003 | +4.7% | +1.5 pp |
| 2002 | +3.2% | 0.0 pp |
| 2001 | +3.2% | -1.8 pp |
| 2000 | +5.0% | +5.3 pp |
| 1999 | -0.3% | -4.5 pp |
| 1998 | +4.2% | -3.2 pp |
| 1997 | +7.4% | +2.4 pp |
| 1996 | +5.0% | -3.9 pp |
| 1995 | +8.9% | +3.9 pp |
| 1994 | +5.0% | -1.6 pp |
| 1993 | +6.6% | -4.6 pp |
| 1992 | +11.2% | +3.4 pp |
| 1991 | +7.8% | +4.1 pp |
| 1990 | +3.7% | -6.9 pp |
| 1989 | +10.6% | +3.3 pp |
| 1988 | +7.3% | +0.7 pp |
| 1987 | +6.6% | +1.0 pp |
| 1986 | +5.6% | +3.6 pp |
| 1985 | +2.0% | -3.9 pp |
| 1984 | +5.9% | +8.7 pp |
| 1983 | -2.8% | +10.8 pp |
| 1982 | -13.6% | -19.8 pp |
| 1981 | +6.2% | -1.7 pp |
| 1980 | +7.9% | — |
4. Chile GDP Growth Performance
Current Growth Rate
+2.4%
(2026 to 2026)
5-Year Average
+2.0%
(2022 to 2026)
10-Year Average
+2.1%
(2017 to 2026)
20-Year Average
+2.8%
(2007 to 2026)
Chile benefits from strong institutions, a competitive mining sector, and international trade links. Investment and consumer activity can weaken when commodity markets or financial conditions become less favorable.
5. Chile GDP Growth Rate vs South America and World
Chile
+2.4%
South America Average
+3.5%
World Average
+2.8%
0.0%
1.8%
3.5%
Annual real GDP growth (%)
Chile’s GDP growth rate is approximately
1.1 pp
below the
South America average
and
0.4 pp
below the world average.
6. Chile GDP Growth Rate Ranking in South America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #4 | Suriname | +3.9% |
| #5 | Argentina | +3.5% |
| #6 | Peru | +2.8% |
| #7 | Ecuador | +2.5% |
| #8 | Chile | +2.4% |
| #9 | Colombia | +2.3% |
| #10 | Brazil | +1.9% |
| #11 | Uruguay | +1.8% |
| #12 | Bolivia | -3.3% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Chile
Chile GDP (Nominal)
$407.9 Billion
(2026)
Chile GDP Growth Rate
+2.4%
(2026)
Chile often performs relatively well within Latin America due to stable institutions and strong export capacity. Its growth remains more exposed to copper and global commodity cycles than many service-led economies.
Explore more:
Chile GDP
9. Chile GDP Growth Rate Forecast
The outlook depends on mining investment, consumer spending, commodity demand, and financial conditions. Political uncertainty and weaker global demand remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.6% | +0.2 pp |
| 2028 | +2.3% | -0.3 pp |
| 2029 | +2.3% | 0.0 pp |
| 2030 | +2.3% | 0.0 pp |
10. Chile GDP Growth Rate: Key Findings
Chile GDP growth rate is estimated at +2.4% in 2026.
It ranks #120 globally and #8 in South America by annual GDP growth rate.
The growth rate accelerated by 0.1 percentage points compared with 2025.
The 5-year average GDP growth rate is +2.0%.
The 10-year average GDP growth rate is +2.1%.
The current rate is 1.1 percentage points below the South America average.
The current rate is 0.4 percentage points below the world average.
The forecast GDP growth rate is +2.3% in 2030, 0.1 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Chile GDP Growth Rate FAQs
Chile GDP growth rate is estimated at +2.4% in 2026.
Chile ranks #120 globally and #8 in South America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.4% in 2026.
Chile GDP growth rate was +2.2% in 2015.
Chile GDP growth rate is 1.1 percentage points below the South America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.