|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Chile

Chile’s Economy Grew 2.1% in 2015

SANTIAGO – Chile’s gross domestic product increased 2.1 percent in 2015 compared with the previous year, the Central Bank reported Friday.

The figure was in line with economists’ forecasts as the Chilean economy continues to struggle with adverse external conditions and low demand and investment at home.

Even so, last year saw a slight improvement from 2014, when GDP expanded 1.9 percent.

Growth in the fourth quarter of 2015 was 1.3 percent, short of analysts’ expectations.

The main driver of expansion last year was domestic demand. Investment remained weak thanks to a 1.5 percent drop in fixed capital formation.

Household consumption increased by 1.5 percent and government consumption climbed 5.8 percent, while gross national income grew by 1.1 percent and the gross savings rate was 22 percent of GDP.

Chile’s exports decreased by 1.9 percent and imports retreated 2.8 percent, the report said.

The Central Bank projects the Chilean economy will grow this year between 2 percent and 3 percent, though the bank’s chief, Rodrigo Vergara, says the final number will likely be at the lower end of that range.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved