Chilean Economic Indicators
Central Bank of Chile data — Real estate market context
Today's values
Updated: 2026-10-02📊 Unidad de Fomento (UF)
Inflation-adjusted unit of account. In the Chilean real estate market, commercial and many residential leases are set in UF, and property valuations are measured in UF/m².
Oct 25 $41.074
Oct 26
| Year | Value | Chg. |
|---|---|---|
| 2019 | $28.310 | — |
| 2020 | $29.070 | +2.7% |
| 2021 | $30.992 | +6.6% |
| 2022 | $35.111 | +13.3% |
| 2023 | $36.789 | +4.8% |
| 2024 | $38.417 | +4.4% |
| 2025 | $39.728 | +3.4% |
💵 Observed Dollar
The exchange rate directly impacts construction costs through imported materials. A high dollar makes new supply more expensive, which can push rents upward.
Oct 25 $984
Oct 26
| Year | Value | Chg. |
|---|---|---|
| 2019 | $745 | — |
| 2020 | $711 | -4.5% |
| 2021 | $850 | +19.5% |
| 2022 | $860 | +1.1% |
| 2023 | $885 | +2.9% |
| 2024 | $992 | +12.2% |
| 2025 | $911 | -8.2% |
🔶 Copper (USD/lb)
Chile is the world's largest copper producer. Its price impacts employment, fiscal revenues, and overall economic activity — factors that determine rental demand.
Oct 25 USD 6,56
Oct 26
| Year | Value | Chg. |
|---|---|---|
| 2019 | USD 2,81 | — |
| 2020 | USD 3,52 | +25.3% |
| 2021 | USD 4,35 | +23.6% |
| 2022 | USD 3,82 | -12.2% |
| 2023 | USD 3,90 | +2.1% |
| 2024 | USD 4,01 | +2.8% |
| 2025 | USD 5,53 | +37.9% |
📈 CPI (Annual Variation)
Peso-denominated leases are adjusted by CPI, usually every 6 or 12 months. High inflation protects landlords renting in UF, but can reduce tenants' ability to pay.
Oct 25 0,6%
Aug 26
| Year | Value | Chg. |
|---|---|---|
| 2019 | 3,0% | — |
| 2020 | 3,0% | 0.0% |
| 2021 | 7,2% | +140.0% |
| 2022 | 12,8% | +77.8% |
| 2023 | 3,4% | -73.4% |
| 2024 | 4,5% | +32.4% |
| 2025 | 3,5% | -22.2% |
🏦 Monetary Policy Rate
The Central Bank's policy rate drives credit rates. When it rises, mortgages become more expensive: fewer buyers, more renters. When it drops, purchases pick up.
Oct 25 4,50%
Oct 26
| Year | Value | Chg. |
|---|---|---|
| 2019 | 1,75% | — |
| 2020 | 0,50% | -71.4% |
| 2021 | 4,00% | +700.0% |
| 2022 | 11,25% | +181.3% |
| 2023 | 8,25% | -26.7% |
| 2024 | 5,00% | -39.4% |
| 2025 | 4,50% | -10.0% |
🏠 Mortgage Rate (UF)
Mortgage rates determine whether people buy or rent. High rates increase rental demand — good for landlords. Low rates mean more people can afford to buy.
Oct 25 3,77%
Aug 26
| Year | Value | Chg. |
|---|---|---|
| 2019 | 2,28% | — |
| 2020 | 2,55% | +11.8% |
| 2021 | 4,01% | +57.3% |
| 2022 | 4,47% | +11.5% |
| 2023 | 5,20% | +16.3% |
| 2024 | 4,43% | -14.8% |
| 2025 | 4,19% | -5.4% |
📋 Source: Central Bank of Chile — Data is automatically updated every 24 hours.