Industrial production in Chile slumped 3.6 percent year-on-year in February of 2019, following a 0.9 percent drop in January. It is the biggest annual fall in industrial output since April of 2017, due to declines in mining (-9.4 percent compared to -4.8 percent in January), namely copper (-7.6 percent) and metalliferous minerals (-49.2 percent), specially iron. Also, some companies stopped their production in February due to climatic factors. Also, manufacturing production slowed sharply (0.8 percent compared to 2.6 percent) while utilities rebounded (0.9 percent compared to 0 percent), mainly due to gas (15.8 percent) and water (2.5 percent). On a monthly basis, industrial output fell 1.4 percent, after a 1 percent decline in January. Industrial Production in Chile averaged 1.86 percent from 1997 until 2019, reaching an all time high of 14.05 percent in May of 2000 and a record low of -11.50 percent in February of 2009.

Industrial Production in Chile is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Chile to stand at 2.50 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 3.60 percent in 2020, according to our econometric models.

Chile Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-31 12:00 PM Industrial Production YoY 0.4% 2.0% 3.2%
2019-01-31 12:00 PM Industrial Production YoY 1% 0.4% 3.4%
2019-02-28 12:00 PM Industrial Production YoY -0.9% 1.6% 2.1%
2019-03-29 01:20 PM Industrial Production YoY -3.6% -0.9% 1.1%
2019-04-30 01:00 PM Industrial Production YoY 1.8%
2019-05-31 01:00 PM Industrial Production YoY
2019-06-28 01:00 PM Industrial Production YoY


Chile Business Last Previous Highest Lowest Unit
Business Confidence 54.01 54.17 64.43 37.24 Index Points [+]
Industrial Production -3.60 -0.90 14.05 -11.50 percent [+]
Industrial Production Mom -1.40 -1.00 10.50 -8.00 percent [+]
Manufacturing Production 0.80 2.60 32.00 -14.20 percent [+]
Changes in Inventories -645.88 567.87 1781.78 -1539.68 CLP Billion [+]
Total Vehicle Sales 27912.00 36543.00 39263.00 21184.00 [+]
Leading Economic Index 1.40 2.40 12.60 -4.40 percent [+]
Internet Speed 9258.62 8567.16 9258.62 1097.83 KBps [+]
IP Addresses 3793061.00 3843649.00 3924514.00 1174118.00 IP [+]
Steel Production 80.00 90.00 157.00 0.00 Thousand Tonnes [+]
Mining Production -9.40 -4.80 36.80 -21.80 percent [+]
Ease of Doing Business 56.00 55.00 57.00 34.00 [+]
Competitiveness Index 70.26 69.37 70.26 4.58 Points [+]
Competitiveness Rank 33.00 34.00 35.00 26.00 [+]
Copper Production 417.10 460.10 557.80 356.20 Thousands of Tonnes [+]
Corruption Index 67.00 67.00 79.40 60.50 Points [+]
Corruption Rank 27.00 26.00 27.00 14.00 [+]


Chile Industrial Production

In Chile, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Chile Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Industrial Production - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -0.90 14.05 -11.50 1997 - 2019 percent Monthly
NSA, 2014=100




Country Last Previous
Argentina -8.50 Feb/19
Australia 2.80 Sep/18
Brazil 2.00 Feb/19
Canada 1.19 Jan/19
China 8.50 Mar/19
Euro Area -0.30 Feb/19
France 0.60 Feb/19
Germany -0.40 Feb/19
India 0.10 Feb/19
Indonesia 5.20 Jan/19
Italy 0.90 Feb/19
Japan -1.10 Feb/19
Mexico -0.80 Feb/19
Netherlands -0.30 Feb/19
Russia 1.20 Mar/19
Saudi Arabia 2.34 Sep/18
Singapore 0.70 Feb/19
South Africa 0.60 Feb/19
South Korea -2.70 Feb/19
Spain -0.30 Feb/19
Switzerland 5.10 Dec/18
Turkey -5.10 Feb/19
United Kingdom 0.10 Feb/19
United States 2.80 Mar/19


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