Chile Construction Industry Report 2022: Growth Momentum to Carry Into 2022 - Expected Growth of 5.7% this Year, Supported by an Improvement in Non-mining Activities - ResearchAndMarkets.com
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Thursday, August 11, 2022
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The construction industry in Chile registered an annual growth of 13.6% in real terms in 2021 - up from a decline of 12.1% in 2020.
Key Points:
- The construction industry in Chile registered an annual growth of 13.6% in real terms in 2021 - up from a decline of 12.1% in 2020.
- The industry's growth that year was supported by a favorable base, improvement in consumer and business confidence amid progress in the country's vaccination drive and the execution of large-scale public infrastructure projects.
- The industry's growth momentum is likely to carry into 2022, with the construction industry expected to grow by 5.7% this year, supported by an improvement in non-mining activities.
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Chile, featuring details of key growth drivers.