FX.co ★ Chilean GDP Growth Slows to 0.4% in Q4 2024

Santiago, Chile – The Chilean economy has experienced a slowdown in GDP growth during the fourth quarter of 2024, reporting an increase of just 0.40%. This marks a noticeable deceleration from the previous quarter, which recorded a growth rate of 0.70%, according to the latest data released on March 18, 2025.

The quarter-over-quarter analysis indicates a tapering of economic expansion, as Chile's economy grapples with various domestic and global challenges. The decline from the 0.70% growth observed in the previous quarter to the current rate underscores the pressures faced by key sectors, including mining and agriculture, amid fluctuating commodity prices and evolving trade dynamics.

Economists and policymakers are closely monitoring these indicators as they evaluate the necessary fiscal and monetary strategies needed to stabilize and possibly reinvigorate economic activity in the months ahead. This recent data signals the importance of adaptive strategies to safeguard against further economic deceleration and ensure sustained growth for Chile's future.