Study shows Latam contributes $33 billion to South America’s GDP

Latam’s economic contribution to South America’s GDP reaches $33.2 billion, according to a study by Oxford Economics commissioned by the airline. Latam has been hit hard by the Covid-19 crisis, which has led it to ask the government for help. In Chile, the airline contributes $6.2 billion to GDP. The analysis estimated that Latam generates a total tax revenue of $600 million in Chile and that its operations contribute $2.5 billion to national labor income.

Source: Emol