Wholesale Funding and Energy Portfolio Strategy
Chilean Economy
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 21 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.
15.1%
Finance, Insurance,
& Real Estate
8.9%
Other
1.9%
Restaurants &
Hotels
8.4%
Transportation &
Warehousing
3.5%
Natural Resources
CHILEAN GDP
BY INDUSTRY
(JUN 2018)
19.1%
Housing &
Personal Services
9.6%
Wholesale & Retail Trade
-10.3%
Manufacturing
.12.4%
Mining and Oil &
Gas Extraction
6.2%
Construction
4.6%
Public Administration
8
y/y % change
6
4
2
0
-2
-4
-6
16
Contributions to Chilean GDP Growth
17
Sources: Scotiabank Economics, Haver Analytics.
Net Exports
Inventories
Investment
Government
Consumption
Real GDP
18
Top 5 Trading Partners
Others
40%
China
27%
United
States
South Korea
4%
16%
Japan
Brazil
6%
7%
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