IBOV 184,178.92 ▼ 1.62% IPSA 11,199.62 ▼ 0.19% IPC MEX 63,924.77 ▼ 0.28% MERVAL 3,115,519 ▲ 0.54% COLCAP 2,596.75 ▲ 0.27% BVL PERÚ 59,184.75 ▼ 0.94% USD/BRL5.17▲ 0.93% USD/MXN17.14▲ 1.12% USD/CLP958.35▲ 1.68% USD/COP3,110▲ 1.00% USD/PEN3.38▲ 0.69% USD/ARS1,512▲ 0.22% USD/UYU40.20▼ 0.15% USD/PYG5,985▲ 1.38% USD/BOB11.45▼ 4.42% USD/DOP58.98▲ 0.22% USD/CRC444.07▼ 0.78% USD/GTQ7.62▼ 0.07% USD/HNL26.85— 0.00% USD/NIO36.62— 0.00% USD/VES840.10▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▼ 0.08% EUR/BRL5.96▲ 0.17% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 184,178.92 ▼ 1.62% IPSA 11,199.62 ▼ 0.19% IPC MEX 63,924.77 ▼ 0.28% MERVAL 3,115,519 ▲ 0.54% COLCAP 2,596.75 ▲ 0.27% BVL PERÚ 59,184.75 ▼ 0.94% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Monday, September 14, 2026

Analysis Chile

Chile Grades Kast at 3.4 Out of 7 After Six Months in Office

By · September 14, 2026 · 5 min read

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CHILE · POLLING

Key Facts

  • The verdict Chileans grade President José Antonio Kast at 3.4 out of 7 for his first six months.
  • The expectation gap 62% say the government has been worse than they expected. In April it was 52%.
  • The approval 34%, with 62% disapproving. That disapproval is the highest of his term.
  • The poll Cadem Plaza Pública 689, fielded on Friday 11 September, 1,000 respondents online.
  • The caveat It is a quota panel, not a probability sample. Cadem publishes no margin of error.
  • The backdrop Activity fell 1.5% in July, the sharpest drop in a little over three years.

A 3.4 out of 7 is the grade a Chilean schoolchild fails with. That is the number Cadem published for the president’s first six months.

La Moneda palace in Santiago
Chile Grades Kast at 3.4 Out of 7 After Six Months in Office
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Cadem asked Chileans to mark their president out of seven. The average came back at 3.4, and more than half of respondents gave him a three or less.

What the Poll Actually Asked

The wording was direct. Kast had completed six months in office. Respondents were asked what grade they would give, on a scale of one to seven.

The average was 3.4. More importantly, 51% gave a mark between one and three.

In the Chilean school system, four is the pass mark. Cadem’s own headline attributes the grade to the president personally rather than to his government.

The Expectations Question Is the Sharper One

Respondents were asked whether the government had been better, the same, or worse than they expected.

In September, 62% answered worse. Another 27% said the same, and 8% said better.

The comparison with April is what makes this meaningful. In his first month, 52% already said worse. That figure has climbed ten points in five months.

A separate finding runs alongside it. Some 41% expect no positive change at all.

Do Not Confuse the Two Sixty-Twos

Two different 62% figures appear in this survey, and merging them is the easy error.

One is disapproval of the government. The other is the share saying things have gone worse than expected. They are separate questions.

The 34% approval is also not new movement. Cadem had 34% on 2 September, 36% on 6 September and 35% on 9 September.

What is new in this wave is the six-month module: the 3.4 grade and the 62% expectations figure.

President José Antonio Kast
Fieldwork ran for a single day, with 1,000 respondents online.

How the Poll Was Made

Fieldwork ran for a single day, Friday 11 September. The sample was 1,000 adults across 16 regions and 165 communes.

It was conducted online through Cadem’s own panel. The sample is non-probabilistic, built on quotas by age, zone and socioeconomic group.

Results are weighted by sex, age, zone, group and recalled vote in the 2025 runoff. Cadem publishes no margin of error, because a quota panel does not support one.

That is not a reason to dismiss the poll. It is a reason to read movement over several waves rather than a single reading.

Santiago, Chile
Activity fell 1.5% in July against a year earlier.

The Economic Backdrop

The numbers land in a difficult month for the government’s economic record. The central bank’s monthly activity index fell 1.5% in July against a year earlier.

Diario Financiero called it the sharpest fall in more than three years. Mining did most of the damage, through lower ore grades and weather.

Second-quarter output fell 0.2% against a year earlier, after a revised 0.3% fall in the first quarter.

Whether that amounts to a recession is genuinely disputed, and the central bank has not used the word. We examine that question separately.

What This Does and Does Not Tell You

Six months is early. Chilean presidents serve four years, and approval in the thirties at this stage is not unusual in recent Chilean history.

What the expectations question adds is direction. It measures the gap between what voters were promised and what they think they received.

That gap widening by ten points in five months is the finding worth keeping. It is harder to reverse than a headline approval number.

What Is Not Known

Cadem does not publish regional or socioeconomic breakdowns of the grade in its weekly release. The drivers behind the 3.4 are therefore not visible.

No other pollster has published a comparable six-month grade. Until one does, this is a single house’s reading.

For a foreign resident or investor, the practical point is narrow. Public patience with the security and economic programme is thinner at six months than at one month.

Frequently Asked Questions

What grade did Chileans give Kast?

An average of 3.4 out of 7, with 51% giving a mark of three or lower.

Who conducted the poll?

Cadem, in its weekly Plaza Pública track, study 689, published on 13 September 2026.

What is the approval rating?

34% approve and 62% disapprove. The disapproval figure is the highest recorded in his term.

Is the poll reliable?

It is a weighted online quota panel of 1,000 people. It carries no margin of error, so read the trend rather than one wave.

What does the expectations question show?

62% say the government has been worse than expected, up from 52% in April 2026.

How is the economy doing?

Activity fell 1.5% in July against a year earlier, the sharpest drop in a little over three years.

Sources: Cadem Plaza Pública 689, Banco Central de Chile, La Tercera, T13, Cooperativa, Diario Financiero.

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