Total Consumption in Chile
The economy recorded average total consumption growth of 3.9% in the decade to 2022. In 2022, total consumption growth was 3.1%, down from the 19.3% reading of the prior year.
Chile Total Consumption Chart
Note: This chart displays Total Consumption (ann. var. %) for Chile from 2014 to 2023.
Source: Macrobond.
Chile Total Consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Total Consumption (ann. var. %) | 0.7 | -6.6 | 19.5 | 2.6 | -3.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Chilean total consumption projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable total consumption forecast available for Chilean total consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Chilean total consumption projections.
Want to get access to the full dataset of Chilean total consumption forecasts? Send an email to info@focus-economics.com.