Canadian Bail-in Regulations and Economic Fundamentals slide image

Canadian Bail-in Regulations and Economic Fundamentals

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 Contributions to Chilean GDP Growth Top 5 Trading Partners Others 38% China 29% -2 Net Exports Inventories Investment United States -4 Government Consumption Real GDP -6 South Korea 4% 16% Japan Brazil 16 Sources: Scotiabank Economics, Haver Analytics. 17 18 19 6% 7% Scotiabank® 43
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