Chilean gross domestic product expanded 2.5% in 2025 according to official data released by the Central Bank of Chile. This figure surpassed initial forecasts from the institution significantly regarding the annual performance metrics. Internal demand drove the expansion primarily through increased investment and household consumption levels across the nation.
The Central Bank published national accounts for the fourth quarter on Wednesday regarding the economic performance. Growth came in at 2.5% versus a 2.4% IPoM projection reported by El Mostrador news outlet. AP News indicated figures slightly exceeded market expectations of 2.3% during the reporting period.
Commercial and manufacturing sectors led gains according to the official report released to the public. Mining and utilities recorded contractions during the annual period as production slowed down. Commerce saw strong performance in the final quarter specifically according to the data.
Household consumption rose 2.7% across all components last year throughout the national economy. Government spending increased 3.0% due to public health outlays and administrative costs. These factors supported the overall economic activity significantly during the reporting year.
Fixed capital investment jumped 7.0% significantly within the year according to the report. Total investment grew 8.9% year over year according to the data released. Buyers purchased more electrical equipment and transport vehicles as capital formation accelerated rapidly.
Copper production faced water restrictions and stoppages affecting output levels significantly. Mining output fell 1.3% during the year as reported by the authorities. Imports surged 10.5% alongside machinery acquisitions for industrial use.
Export volumes increased 4.6% driven by fruit and gold shipments from the region. The trade balance reflected higher import volumes from abroad during the year. This trend aligns with domestic capital formation needs and consumer demand.
Statistical agencies revised prior year figures upward on Thursday regarding historical data. 2023 growth moved from 0.5% to 0.7% officially in the new report. 2024 growth adjusted from 2.6% to 2.8% significantly for the previous year.
Calendar effects impacted the comparison with the previous year affecting statistical accuracy significantly. 2025 contained one fewer day than the leap year 2024 affecting comparisons. This created a negative 0.1% statistical adjustment in the final figures.
Analysts will monitor next quarter indicators closely for economic signals. The government faces challenges regarding the reconstruction plan under new leadership. Economic momentum remains positive despite sectoral divergences and mining issues.
