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LatinNews Daily - 19 March 2026

In brief: Chile’s annual growth slows

*Chile’s central bank (BCCh) has released new figures showing that the country’s GDP grew by 2.5% in 2025. This marks a deceleration compared to the 2.8% annual growth registered for 2024. Chile’s mining sector registered an annual contraction of 1.3%, while all other sectors posted an average annual growth rate of 3.0%. Sectors that registered significant annual growth in 2025 included trade (+6.1%) and agriculture, livestock, and forestry (+6.3%), and fishing (+15.8%). In its latest report, the BCCh highlighted that the increased production figures for fisheries were mainly driven by greater catches of sardines, anchovies, and mackerel, and strong results for salmon farms. The annual decline in mining was mainly attributed to weaker results in copper mining, while higher production was registered for other metals such as gold, silver, and lithium.

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