Manufacturing Sector Contribution to GDP in Chile (1990-2022)

Manufacturing Sector Contribution to GDP in Chile (1990-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Chile (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Chile
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
Chile’s manufacturing contribution to GDP began at 18.5% in 1990, increasing slightly until the mid-1990s, but declined sharply from 19.3% in 1995 to 15.2% by 1996. This reduction continued as Chile focused on mining and services, stabilizing around 10% in recent years. By 2022, the sector slightly rebounded to 9.7%, following economic recovery efforts post-pandemic. The sustained lower share reflects Chile’s reliance on commodity exports, with limited industrial diversification. Chile’s economic model has prioritized mining over manufacturing, affecting the sector’s long-term GDP role.

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