[ Nominal GDP in billions of USD ]
Year -
$330.27 billions
Chile GDP expanded from 1960 to 2024, increasing from $4.21 billion to $330.27 billion.The compound annual growth rate (CAGR) averaged 7.05% over the period. The economy recorded its peak level in 2023 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 54.7%, indicating the largest cyclical decline from peak levels. The country experienced 12 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 330.27 Billions | $ 684.60 Int Billions |
| Growth (YoY) | -1.565% | 6.166% |
| Net Change vs Previous Year | $ -5.25 Billion | $ 39.76 Int Billion |
| % of World GDP | 0.30% | 0.34% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 4.21 | - | - | - | - | - |
| 1961 | 4.95 | 0.74 | 17.512 % | - | - | - |
| 1962 | 5.77 | 0.82 | 16.518 % | - | - | - |
| 1963 | 5.7 | -0.06 | -1.1 % | - | - | - |
| 1964 | 6.07 | 0.36 | 6.369 % | - | - | - |
| 1965 | 6.18 | 0.12 | 1.95 % | - | - | - |
| 1966 | 7.26 | 1.07 | 17.35 % | - | - | - |
| 1967 | 7.15 | -0.11 | -1.541 % | - | - | - |
| 1968 | 7.29 | 0.14 | 1.984 % | - | - | - |
| 1969 | 8.46 | 1.17 | 16.052 % | - | - | - |
| 1970 | 9.26 | 0.8 | 9.513 % | - | - | - |
| 1971 | 11 | 1.74 | 18.776 % | - | - | - |
| 1972 | 12.06 | 1.06 | 9.616 % | - | - | - |
| 1973 | 17.24 | 5.18 | 42.959 % | - | - | - |
| 1974 | 16.58 | -0.65 | -3.788 % | - | - | - |
| 1975 | 7.81 | -8.77 | -52.894 % | - | - | - |
| 1976 | 10.52 | 2.71 | 34.706 % | - | - | - |
| 1977 | 14.27 | 3.75 | 35.627 % | - | - | - |
| 1978 | 16.37 | 2.1 | 14.716 % | - | - | - |
| 1979 | 22.25 | 5.88 | 35.891 % | - | - | - |
| 1980 | 29.59 | 7.34 | 32.976 % | - | - | - |
| 1981 | 35.18 | 5.59 | 18.906 % | - | - | - |
| 1982 | 19.71 | -15.47 | -43.974 % | - | - | - |
| 1983 | 20.63 | 0.92 | 4.665 % | - | - | - |
| 1984 | 19.97 | -0.66 | -3.175 % | - | - | - |
| 1985 | 17.93 | -2.04 | -10.218 % | - | - | - |
| 1986 | 19.2 | 1.26 | 7.05 % | - | - | - |
| 1987 | 22.61 | 3.41 | 17.75 % | - | - | - |
| 1988 | 26.17 | 3.57 | 15.79 % | - | - | - |
| 1989 | 30.1 | 3.93 | 15.003 % | - | - | - |
| 1990 | 33.43 | 3.33 | 11.052 % | 59.72 | - | - |
| 1991 | 38.23 | 4.8 | 14.37 % | 66.75 | 7.03 | 11.767 % |
| 1992 | 46.54 | 8.31 | 21.727 % | 77.24 | 10.49 | 15.722 % |
| 1993 | 49.93 | 3.4 | 7.297 % | 85.47 | 8.23 | 10.653 % |
| 1994 | 57.44 | 7.5 | 15.026 % | 92.71 | 7.23 | 8.464 % |
| 1995 | 73.82 | 16.38 | 28.521 % | 105.06 | 12.35 | 13.323 % |
| 1996 | 78.58 | 4.76 | 6.453 % | 116.33 | 11.27 | 10.73 % |
| 1997 | 85.74 | 7.16 | 9.108 % | 127.09 | 10.75 | 9.243 % |
| 1998 | 81.99 | -3.75 | -4.375 % | 133.89 | 6.8 | 5.353 % |
| 1999 | 75.58 | -6.41 | -7.82 % | 135.4 | 1.52 | 1.132 % |
| 2000 | 78.34 | 2.76 | 3.653 % | 145.36 | 9.95 | 7.35 % |
| 2001 | 71.57 | -6.77 | -8.635 % | 153.32 | 7.96 | 5.478 % |
| 2002 | 70.26 | -1.31 | -1.831 % | 160.7 | 7.38 | 4.812 % |
| 2003 | 76.49 | 6.23 | 8.864 % | 171.61 | 10.91 | 6.79 % |
| 2004 | 99.08 | 22.58 | 29.524 % | 187.97 | 16.37 | 9.538 % |
| 2005 | 122.29 | 23.22 | 23.435 % | 205.18 | 17.21 | 9.156 % |
| 2006 | 153.84 | 31.55 | 25.798 % | 256.07 | 50.89 | 24.8 % |
| 2007 | 172.49 | 18.65 | 12.121 % | 278.37 | 22.3 | 8.71 % |
| 2008 | 179.9 | 7.4 | 4.292 % | 275.76 | -2.62 | -0.941 % |
| 2009 | 171.78 | -8.12 | -4.512 % | 271.33 | -4.43 | -1.605 % |
| 2010 | 217.05 | 45.27 | 26.356 % | 307.86 | 36.53 | 13.463 % |
| 2011 | 251.38 | 34.33 | 15.817 % | 349.15 | 41.29 | 13.413 % |
| 2012 | 267.03 | 15.64 | 6.222 % | 374.32 | 25.17 | 7.209 % |
| 2013 | 277.4 | 10.37 | 3.884 % | 392.67 | 18.35 | 4.903 % |
| 2014 | 259.56 | -17.83 | -6.429 % | 402.9 | 10.23 | 2.606 % |
| 2015 | 242.45 | -17.11 | -6.592 % | 405.31 | 2.41 | 0.598 % |
| 2016 | 249.35 | 6.9 | 2.844 % | 424.83 | 19.52 | 4.816 % |
| 2017 | 276.15 | 26.81 | 10.752 % | 450.89 | 26.06 | 6.134 % |
| 2018 | 295.86 | 19.7 | 7.135 % | 478.09 | 27.2 | 6.033 % |
| 2019 | 278.29 | -17.57 | -5.94 % | 491.69 | 13.59 | 2.843 % |
| 2020 | 254.04 | -24.24 | -8.712 % | 491.06 | -0.63 | -0.127 % |
| 2021 | 315.33 | 61.28 | 24.124 % | 565.98 | 74.92 | 15.257 % |
| 2022 | 301.23 | -14.1 | -4.471 % | 602.63 | 36.65 | 6.475 % |
| 2023 | 335.52 | 34.29 | 11.384 % | 644.84 | 42.21 | 7.004 % |
| 2024 | 330.27 | -5.25 | -1.565 % | 684.6 | 39.76 | 6.166 % |
Between 1960 to 2024, Chile experienced the following economic phases:
The most remarkable growth occurred in 1973 with an increase of 42.959%, while the largest decline was in 1975 at -52.894%.