Annual GDP growth in Chile

Chile: Annual GDP growth was 0.2% in 2023. ◆ Volatile

Latest (2023)
0.2%
Change on year
down 89.3%
World rank
178th
of 211 countries
All-time high
11.3%
in 2021
All-time low
-6.1%
in 2020
Years of data
24
2000–2023

Annual GDP growth in Chile, 2000–2023

-505102000201120232000: 5 %2001: 3.1 %2002: 3.2 %2003: 4.7 %2004: 6.7 %2005: 5.8 %2006: 6 %2007: 5.2 %2008: 3.8 %2009: -1.1 %2010: 5.8 %2011: 6.2 %2012: 6.2 %2013: 3.3 %2014: 1.8 %2015: 2.1 %2016: 1.8 %2017: 1.4 %2018: 4 %2019: 0.63 %2020: -6.1 %2021: 11.3 %2022: 2.1 %2023: 0.22 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

Chile recorded 0.2% for annual gdp growth in 2023.

That represents a change of down 89.3% on the previous year and down 93.4% 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 178th of 211 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.2% -1.1% 6.7% 10
2010s 3.3% 0.6% 6.2% 10
2020s 1.9% -6.1% 11.3% 4

Countries ranked near Chile

  1. 176 Lithuania 0.3% compare
  2. 176 United Kingdom 0.3% compare
  3. 179 Poland 0.1% compare
  4. 180 Netherlands 0.1% compare
  5. 181 Tunisia 0.0% compare

See the full ranking of 211 places →

More economy & growth data for Chile

All data for Chile →

Frequently asked questions

What is annual gdp growth in Chile?
Annual gdp growth in Chile was 0.2% in 2023, 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 178th out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Chile?
Over the last ten years it is down 93.4%. 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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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)