The investment in road infrastructure in Chile has shown significant fluctuations over the past decade. From 2013 to 2014, there was a positive growth, but it began to decline noticeably from 2015 onwards, hitting its lowest in 2021. The period between 2013 and 2023 saw a few peaks and troughs, with a notable decline reaching 25.05 USD per inhabitant in 2021. The year 2022 saw an impressive recovery with a year-on-year increase of 148.33%, standing at 62.21 USD per inhabitant by the end of 2022. In 2023, the value stood at 64.93 USD per inhabitant, with a modest year-on-year gain of 4.39%. The average annual variation (CAGR) over the past five years indicates a positive trend of 2.91%.
Future trends to watch for:
- The forecast indicates marginal growth, with values stabilizing around 65.04 USD per inhabitant by 2028.
- A forecasted 5-year CAGR of 0.02% suggests minimal positive growth, signaling a period of stability.
- Continued public and private sector investments, government policies, and economic conditions will be crucial in driving road infrastructure development.
