Chile PESTLE Insights - A Macroeconomic Outlook Report

Chile PESTLE Insights - A Macroeconomic Outlook Report
Summary

According to GlobalData estimates, mining, manufacturing and utilities activities contributed 27.4% towards GVA, followed by wholesale, retail and hotels activities (12.4%), and construction (6.7%) in 2022. The three sectors are forecast to grow by 4.6%, 6.3%, and 5.7%, respectively, in 2023.

According to the World Intellectual Property Organization, Global Innovation Index (2022), Chile secured 33 rank on logistics performance among 132 economies

Key Highlights

The IPSA Index exhibited a volatile trend over past year. As of March 24, 2023, the Index stood at 5,275.4, compared to 4,954.4 on March 24, 2022.

ScopeIn January 2023, the Chilean government announced a plan to launch 13 concession contracts for cable cars and light rails, highways and airports. The total investment required will be $3.9 billion.Reasons to BuyMacroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operationsAlong with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.