Manufacturing Production in Chile
The economy recorded an average growth rate of 0.3% in manufacturing over the decade to 2022. In 2022, manufacturing growth was -2.6%, down from the 5.3% reading of the prior year.
Chile Manufacturing Chart
Note: This chart displays Manufacturing Production (ann. var. %) for Chile from 2023 to 2014.
Source: Macrobond.
Chile Manufacturing Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Manufacturing Production (ann. var. %) | 0.7 | -2.4 | 4.2 | -4.6 | -0.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Chilean manufacturing projections for the next ten years from a panel of 3 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 manufacturing forecast available for Chilean manufacturing.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Chilean manufacturing projections.
Want to get access to the full dataset of Chilean manufacturing forecasts? Send an email to info@focus-economics.com.