Chile's IMACEC economic activity index contracted 0.3% year-over-year in February 2026, following a 0.5% contraction in January and falling well short of forecasts for a 1.9% expansion. Goods production declined 3.7% after a 2.2% fall in January, dragged by industry at 3.6% and other goods at 5.4%. In contrast, the mining sector rose 1.0%, rebounding from a 1.1% contraction. Services activities expanded 1.6%, accelerating from a 1.1% gain in the prior month. Trade activity also rose 0.2%, rebounding from a 0.9% decline. On a monthly basis, the IMACEC fell 6.5%, following a 13.6% plunge in January. source: Central Bank of Chile

Leading Economic Index Chile decreased 0.30 percent in February of 2026 over the same month in the previous year. Leading Economic Index in Chile averaged 3.44 percent from 1997 until 2026, reaching an all time high of 20.40 percent in June of 2021 and a record low of -15.90 percent in May of 2020. This page provides the latest reported value for - Chile Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Leading Economic Index - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Leading Economic Index Chile decreased 0.30 percent in February of 2026 over the same month in the previous year. Leading Economic Index in Chile is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Leading Economic Index is projected to trend around 3.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-02 11:30 AM
IMACEC Economic Activity YoY
Jan -0.1% 1.7% 1.1% 2.1%
2026-04-01 11:30 AM
IMACEC Economic Activity YoY
Feb -0.3% -0.5% 1.9% 0.9%
2026-05-04 11:30 AM
IMACEC Economic Activity YoY
Mar -0.3% 2.3%


Related Last Previous Unit Reference
Business Confidence 52.34 52.12 points Feb 2026
Changes in Inventories -1503.53 487.69 CLP Billion Dec 2025
Copper Production YoY 378.55 413.71 Thousands of Tonnes Feb 2026
Corruption Index 63.00 63.00 Points Dec 2025
Corruption Rank 31.00 32.00 Dec 2025
Industrial Production YoY -1.30 -1.60 percent Feb 2026
Industrial Production Mom -1.10 0.90 percent Jan 2026
IMACEC Economic Activity YoY -0.30 -0.50 percent Feb 2026
Manufacturing Production YoY -3.00 -3.60 percent Feb 2026
Mining Production -0.10 -4.80 percent Jan 2026
Total Vehicle Sales 22318.00 25301.00 Units Feb 2026


Chile Leading Economic Index
In Chile, the Monthly Economic Activity Indicator – IMACEC – is an index that summarizes the activity of the different economic sectors in a given month, anticipating the future movements in GDP. The calculation is based on multiple IMACEC supply indicators, as well as estimates in the absence of direct monthly information which are weighted by share of economic activities in GDP in the previous year. The economic activities include: agriculture and forestry, fishing, mining, manufacturing, electricity, gas, water, construction, commerce, restaurants and hotels, transport, communications, financial intermediation, business services, housing services, education, health, other services, public administration. The index has a base value of 100 as of 2008.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -0.50 20.40 -15.90 1997 - 2026 percent Monthly
NSA, 2013=100

News Stream
Chile's IMACEC Contracts in February
Chile's IMACEC economic activity index contracted 0.3% year-over-year in February 2026, following a 0.5% contraction in January and falling well short of forecasts for a 1.9% expansion. Goods production declined 3.7% after a 2.2% fall in January, dragged by industry at 3.6% and other goods at 5.4%. In contrast, the mining sector rose 1.0%, rebounding from a 1.1% contraction. Services activities expanded 1.6%, accelerating from a 1.1% gain in the prior month. Trade activity also rose 0.2%, rebounding from a 0.9% decline. On a monthly basis, the IMACEC fell 6.5%, following a 13.6% plunge in January.
2026-04-01
Chile's Economic Activity Slips in January
Chile's IMACEC economic activity index contracted 0.1% year-on-year in January 2026, reversing a 1.7% gain in December. Goods production declined 1.5%, dragged by industry (-1.7%), mining (-1.0%), and other goods (-1.9%). Services expanded 1.4% and trade grew 0.4%, partially offsetting the weakness. Month-over-month, activity plunged 13.5%, following a 9.6% rise in the prior month.
2026-03-02
Chile Economic Activity Accelerates in December
Chile’s IMACEC economic activity index rose 1.7% year-on-year in December 2025, accelerating from a 1.2% increase in November. Commerce posted the strongest performance, expanding 6.6%. Services grew 2.2%, while the industrial sector rose 2.0%. Mining contracted 8.1%, and overall goods production declined 0.9%. On a month-over-month basis, economic activity increased 9.6%, following a 2.4% gain in the previous month.
2026-02-02