INSUBCONTINENT EXCLUSIVE:
GDP in 2024 and is expected to reach 41% by the end of 2025
This figure remains well below many developed economies but marks a significant increase from historic lows.The government aims to keep debt
under 45% of GDP, a threshold it still respects
Mining, however, contracted by 1%, and domestic demand slowed.Public spending rebounded, and exports rose, with copper remaining the
The government projects GDP growth between 2% and 2.5% for 2025, but the recovery remains uneven, and unemployment stays high.Fiscal
Achieving this depends on a projected revenue increase of 1.5% of GDP, driven by higher copper prices, a new mining royalty, and a recent
tax compliance law.However, official sources note that revenue projections have missed targets for the past three years, and income from
the 2% target, due to overly optimistic revenue assumptions
Center-right candidate Evelyn Matthei leads in the polls with promises of $6 billion in spending cuts and a focus on fiscal discipline.The
current administration, while aiming for consolidation, faces pressure from rising crime and social unrest, which have forced increased
spending on public safety.The debate centers on whether to cut spending or raise taxes, particularly on high earners and corporations, to
debt management.The outcome of the election will shape fiscal policy, growth prospects, and the investment climate for years to come
All figures and statements are based on official data from the Central Bank of Chile, Ministry of Finance, and the International Monetary
