FY22 Financial Overview
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 2022F: 2.1%
GDP 2023F:
-0.9% GDP 2024F:
2.8%
Sources: Scotiabank Economics, Bloomberg, as of Nov 4, 2022.
40
40
Contributions to Chilean GDP Growth
14.4%
Finance, Insurance,
& Real Estate
10.3%
Other
1.9%
Restaurants &
Hotels
9.1%
Transportation &
Warehousing
3.6%
Natural Resources
CHILEAN
GDP BY
INDUSTRY
(Q2-2022)
20.3%
Housing & Personal
Services
9.8%
Wholesale & Retail Trade
Top Trading Partners*
9.0%
Manufacturing
10.6%
Mining and Oil &
Gas Extraction
6.2%
Construction
4.7%
Public Administration
30
20
10
10
0
-10
-20
y/y % change
Net Exports
Investment
Consumption
Inventories
Government
Real GDP
་
19
20
Sources: Scotiabank Economics, Haver Analytics.
-30
18
21
24
22
22
Japan 5%
Others
28%
China
31%
Brazil 7%
EU 10%
United States
19%
* Trade data updated as of Q2-2022.
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