Industrial production in Chile fell 2.4 percent year-on-year in December of 2020, following an upwardly revised 3.6 percent decrease in the previous month. Manufacturing output fell 4.4 percent largely due a 20.6 percent plunge in the manufacture of chemical substances and products. Mining activity shrank 0.4 percent, as copper production decreased 0.6 percent; and production of electricity, gas and water supply edged down 1.6 percent, following a 0.1 percent drop in the prior month. On a seasonally adjusted monthly basis, industrial activity went up 1.3 percent, after stalling in the previous month. source: National Institute of Statistics, Chile

Industrial Production in Chile averaged 1.68 percent from 1997 until 2021, 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. This page provides - Chile Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Industrial Production in Chile is expected to be 0.80 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 2.70 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 3.50 percent in 2022, according to our econometric models.

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Chile Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -3.60 14.05 -11.50 1997 - 2021 percent Monthly
NSA, 2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-30 12:00 PM Oct 3.5% 1.9% 2.3%
2020-12-31 12:00 PM Nov -0.7% 3.5% 2.7%
2021-01-29 12:00 PM Dec -4.1% -0.5% -1.6%
2021-02-26 12:00 PM Jan -2.4% -3.6% -2.8%
2021-03-31 12:00 PM Feb -2.4%
2021-04-30 01:00 PM Mar
2021-05-31 01:00 PM Apr
2021-06-30 01:00 PM May


News Stream
Chile Industrial Production Down by Third Month in a Row
Industrial production in Chile fell 2.4 percent year-on-year in December of 2020, following an upwardly revised 3.6 percent decrease in the previous month. Manufacturing output fell 4.4 percent largely due a 20.6 percent plunge in the manufacture of chemical substances and products. Mining activity shrank 0.4 percent, as copper production decreased 0.6 percent; and production of electricity, gas and water supply edged down 1.6 percent, following a 0.1 percent drop in the prior month. On a seasonally adjusted monthly basis, industrial activity went up 1.3 percent, after stalling in the previous month.
2021-02-26
Chile Industrial Output Falls Faster in December
Industrial production in Chile fell 4.1 percent year-on-year in December of 2020, following a downwardly revised 0.5 percent decrease in the previous month. Mining activity declined 9.3 percent, as copper production tumbled 8.7 percent; and production of electricity, gas and water supply edged down 0.1 percent. On the other hand, manufacturing production increased 0.4 percent, rebounding from a 1.4 percent drop in November. On a seasonally adjusted monthly basis, industrial output showed no growth after falling 1.8 percent in November.
2021-01-29
Chile Industrial Output Contracts in November
Chile's industrial production shrank 0.7 percent over a year earlier in November of 2020, after increasing 3.5 percent in the prior month, as the pandemic crisis continued to weigh heavily on industrial activity. Manufacturing production fell 1.7 percent, following a downwardly revised 6 percent growth in the prior month. Also, electricity, gas and water supply output shrank 1.6 percent, after declining 1.1 percent in October. At the same time, mining activity increased at a slower pace (0.6 percent vs 1.9 percent), as copper production went down (-0.1 percent vs 0.8 percent). On a seasonally adjusted monthly basis, industrial output fell 2.1 percent, the most since April, following a downwardly revised 1.6 percent increase in the previous month.
2020-12-31
Chile Industrial Output Rises the Most in 8 Months
Chile's industrial production increased 3.5 percent over a year earlier in October 2020, following a 1.9 percent rise in the previous month. It was the biggest gain in industrial output since February, amid the ongoing easing of coronavirus lockdown restrictions. Manufacturing output went up 6.2 percent, faster than a 5.3 percent rise in the prior month. Also, mining production rebounded (1.9 percent vs -0.8 percent in September). On the other hand, electricity, gas and water supply output shrank 1.1 percent, after declining 0.5 percent in September. On a seasonally adjusted monthly basis, industrial production went up 1.7 percent, slowing from an upwardly revised 2.4 percent gain in the prior month.
2020-11-30

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.