PESTLE Insights: Chile - Macroeconomic Outlook Report

PESTLE Insights: Chile - Macroeconomic Outlook Report

Summary

Mining, manufacturing and utilities contributed 25.5% to the gross value added (GVA) in 2019, followed by financial intermediation, real estate and business activities (24.8%) and other services (18.2%). In nominal terms, the three sectors are expected to grow by 5.8%, 7.0% and 7.1%, respectively in 2020.

Four major regions in Chile generated around 67.1% of the country’s GDP, comprising o 66% of the country’s population as per the latest available data

Financial services received highest amount of FDI in 2018

Scope

- According to the World Bank’s Logistic Performance Index (LPI), Chile ranked 34th out of 160 countries in 2018, a sharp improvement from 46th in 2016
- The overall IGPA index exhibits a declining trend over last one year. As of January 6, 2020, the IGPA index stood at 24,342.37, compared to 26,299.34 on January 7, 2019.

Reasons to buy

- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.