Annual GDP growth in Chile
Chile: Annual GDP growth was 2.6% in 2024. ◆ Volatile
Annual GDP growth in Chile, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Chile recorded 2.6% for annual gdp growth in 2024.
That represents a change of up 407.7% on the previous year and up 47.5% over ten years.
Over the whole period, annual gdp growth in Chile peaked at 11.3% in 2021 and was at its lowest, -6.1%, in 2020.
Chile ranks 124th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Chile, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.0% | — |
| 2001 | 3.1% | -36.6% |
| 2002 | 3.2% | +1.6% |
| 2003 | 4.7% | +47.5% |
| 2004 | 6.7% | +41.3% |
| 2005 | 5.8% | -12.4% |
| 2006 | 6.0% | +3.6% |
| 2007 | 5.2% | -14.5% |
| 2008 | 3.8% | -26.7% |
| 2009 | -1.1% | -129.6% |
| 2010 | 5.8% | -622.3% |
| 2011 | 6.2% | +6.3% |
| 2012 | 6.2% | -1.0% |
| 2013 | 3.3% | -46.3% |
| 2014 | 1.8% | -45.9% |
| 2015 | 2.1% | +20.1% |
| 2016 | 1.8% | -18.6% |
| 2017 | 1.4% | -22.3% |
| 2018 | 4.0% | +193.4% |
| 2019 | 0.6% | -84.2% |
| 2020 | -6.1% | -1074.6% |
| 2021 | 11.3% | -284.2% |
| 2022 | 2.1% | -81.0% |
| 2023 | 0.5% | -75.8% |
| 2024 | 2.6% | +407.7% |
Chile compared with similar countries
- Chile's 2.6% is above the median for high income countries, which is 2.1%, 1.2× the median. (83 countries reporting)
- Chile's 2.6% is below the median for Latin America & Caribbean, which is 3.3%, 80% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth in Chile changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1074.6% | 0.6% | -6.1% |
| 2010 | +622.3% | -1.1% | 5.8% |
| 2024 | +407.7% | 0.5% | 2.6% |
| 2021 | +284.2% | -6.1% | 11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | -1.1% | 6.7% | 10 |
| 2010s | 3.3% | 0.6% | 6.2% | 10 |
| 2020s | 2.1% | -6.1% | 11.3% | 5 |
Countries ranked near Chile
More economy & growth data for Chile
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.68 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 437.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 14.51 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 10.75 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0406 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 730.79 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.37 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Chile?
- Annual gdp growth in Chile was 2.6% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Chile?
- The highest recorded value was 11.3% in 2021.
- What is the lowest annual gdp growth recorded in Chile?
- The lowest recorded value was -6.1% in 2020.
- How does Chile rank for annual gdp growth?
- Chile ranks 124th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Chile?
- Over the last ten years it is up 47.5%. The long-run trend across the full record is volatile.
- Where does this Chile data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%).