Automotive Finance and ESG Strategies slide image

Automotive Finance and ESG Strategies

Chile 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 22 free-trade agreements with 59 countries that account for 70% of global GDP Investment has been a strong contributor to growth in Chile over the past year, which should underpin future productivity gains. 15.2% Finance, Insurance, & Real Estate 8.7% Other 2.0% Restaurants & Hotels 8.5% Transportation & Warehousing 3.4% Natural Resources CHILEAN GDP BY INDUSTRY (Mar 2019) 19.1% Housing & Personal Services 9.3% Wholesale & Retail Trade 10.2% Manufacturing .12.7% Mining and Oil & Gas Extraction 6.3% Construction 4.6% Public Administration 8 y/y % change 6 4 2 0 -2 Contributions to Chilean GDP Growth Net Exports Inventories Investment Top 5 Trading Partners Others 38% China 29% -4 Government Consumption South Korea Real GDP -6 16 Sources: Scotiabank Economics, Haver Analytics. 17 18 19 United States 4% Japan Brazil 16% 6% 7% Scotiabank. 47
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