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Why Chile will be the only South American economy to fall in 2023, according to the World Bank

The Chilean economy will be the only one in all of South America to suffer a contraction in 2023, according to updated projections from the World Bank.

In fact, except for Haiti, no other Gross Domestic Product (GDP) in the region will fall this year, despite the economic slowdown.

According to the multilateral organization, Chilean GDP will fall 0.9% this year, to then grow 2.3% in 2024.

The data coincides with what . . .

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