Chile Gross Domestic Product (GDP) by Year (1961–2023)

Chile Gross Domestic Product (GDP) by Year (1961–2023)

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TGM StatBox. (2024). Chile Gross Domestic Product (GDP) by Year (1961–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Chile
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Chile’s GDP growth illustrates its transformation into a stable, high-income economy. From $4.8 billion in 1961, GDP surged to $345.1 billion in 2023. The 1973 reforms under Pinochet marked a pivotal shift, laying the groundwork for growth despite initial economic contractions. By 1997, GDP had grown to $85.7 billion.

The 2000s commodities boom propelled GDP, peaking at $335.5 billion by 2023. Despite temporary contractions, including the 2008 crisis and the COVID-19 pandemic, Chile’s strong policy frameworks and export-led growth have ensured consistent recovery.

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