In 2023, the value added in recreational activities in Chile stood at 28.35 billion Chilean Pesos. The forecasted values for the subsequent years show a declining trend: 26.4 billion in 2024, 24.12 billion in 2025, 21.89 billion in 2026, 19.71 billion in 2027, and 17.57 billion in 2028. The year-on-year variation percentages reflect the consistent decline—2024 records a 6.88% drop from 2023, with further reductions of 8.64% in 2025, 9.25% in 2026, 9.95% in 2027, and 10.86% in 2028. The Compound Annual Growth Rate (CAGR) for the period is -8.43%.
Future Trends to Watch For:
- Emerging technologies and their integration into recreational activities.
- Changing consumer preferences towards sustainable and eco-friendly activities.
- Potential fluctuations owing to economic and sociopolitical factors.
- Impact of global tourism trends on domestic recreational activities.
