Chile’s services sector expanded from in 1990 to in 2016, fueled by gradual economic diversification beyond mining and agriculture. This steady increase reflects growing investment in financial services, education, and technology. The early 2000s saw fluctuations due to global economic shifts, but by 2008, the services sector rose to , showing resilience during the financial crisis. From 2013 to 2019, the sector stabilized above , with the COVID-19 pandemic leading to a slight dip in 2020 to . Recent years show a minor decrease, ending at in 2022, reflecting a modest shift back toward primary and secondary sectors.
Gain a broader perspective by reviewing Chile’s net lending/borrowing ratio, Chile’s agriculture share in GDP, Industry sector’s GDP share in Chile.
