Chile’s GDP shrinks 9.1% in Q3 2020

Chile’s GDP shrank 9.1% in the third quarter of 2020, compared to the same time period in 2019. According to the Central Bank, the reason for the decline is due to the economic effects of the COVID-19 pandemic. However, the GDP rose 5.2% compared to the second quarter which show signs of a slow recovery.

Source: Nasdaq