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.
Gain a broader perspective by reviewing Chile’s government debt ratio, Chile’s services sector share in GDP, Chile’s agriculture share in GDP.
