Country risk assessment ยท Americas

Chile political and security risk assessment

Chile carries a guarded level of political and security risk for business. It scores 35 out of 100 on the Zed Three World Threat Map (band 2 of 5), up 1 on last week and broadly stable over the last 12 weeks. Last updated Nov 2, 2026.

35of 100
Guarded

Band 2 of 5

▲ Up 1 on last week

Americas

Chile

What is the political and security risk in Chile right now?

Chile carries a guarded level of political and security risk for business. It scores 35 out of 100 on the Zed Three World Threat Map (band 2 of 5), up 1 on last week and broadly stable over the last 12 weeks.

Week on week the picture is little changed. The main standing risks are foreign government warnings and persistent protest activity.

On the economic side, real GDP grew 2.5% in 2025 with inflation at 4.2%.

What are the main risks of operating in Chile?

Protest and civil unrestSevere

Protest and unrest activity is very high and can disrupt cities and transport.

Armed conflict and political violenceElevated

Armed violence is reported regularly in some areas.

Staff movement and duty of careGuarded

Foreign governments advise normal to increased caution.

What has changed recently in Chile?

Chile moved up 1 this week and rose 3 points over the last 12 weeks, from 32 to 35.

  • Reporting of armed clashes and attacks up week on week

What happens next? Outlook for the next 1 to 3 months

We assess it is likely that Chile stays in the Guarded band through the end of December. It sits 5 points from the Elevated band.

0%50%100%

Likelihood ranges are editorial judgments, not advice.

What does it mean for shipping, supply chains and operations?

Commodities

Ores and metals make up 59% of goods exports (2025 data), so mining regions and export corridors are the exposure to watch.

Supply chain

Trade equals 65% of GDP (2025 data). Supply chain exposure is mainly to regional and global shocks rather than local events.

Operations

Operating conditions are generally normal, with localized risks to plan around.

Key facts

GDPUS$357.4 billionLatest data, 2025
Real GDP growth2.5%Latest data, 2025
Inflation4.2%Latest data, 2025
Trade65% of GDPLatest data, 2025
Ores and metals59% of goods exportsLatest data, 2025
Food exports22% of goods exportsLatest data, 2025
Population19.9 millionLatest data, 2025

How has the Chile threat score moved?

20304050Aug 9Aug 23Sep 6Sep 20Oct 4Oct 18Aug 9: 32Aug 16: 33Aug 23: 34Aug 30: 38Sep 6: 39Sep 13: 40Sep 20: 39Sep 27: 39Oct 4: 38Oct 11: 37Oct 18: 34Oct 25: 3535

Frequently asked questions

What is the political and security risk in Chile for business?

Chile carries a guarded level of political and security risk for business. It scores 35 out of 100 on the Zed Three World Threat Map (band 2 of 5), up 1 on last week and broadly stable over the last 12 weeks.

What are the main geopolitical risks of operating in Chile?

The main risk drivers are protest and civil unrest (severe); armed conflict and political violence (elevated); staff movement and duty of care (guarded). Protest and unrest activity is very high and can disrupt cities and transport.

What is the outlook for Chile?

We assess it is likely (60 to 75%) that Chile stays in the Guarded band through the end of December. It sits 5 points from the Elevated band.

How often is the Chile risk assessment updated?

The Chile threat score is updated weekly on the Zed Three World Threat Map, and this assessment is reviewed monthly. It was last updated Nov 2, 2026.

Related country assessments

Published by Zed Three, a private, independent risk intelligence company. Assessment last updated Nov 2, 2026. Threat score updated weekly, last on Nov 2, 2026. General analysis for informational purposes, not security, legal or investment advice.

Custom reports

Need a deeper read on Chile?

Zed Three builds custom threat and risk reports around your people, suppliers and routes.

Free weekday briefing

Get Chokepoint free

The five stories that move markets, supply chains and deals, each with the so what worked out. Five minutes, every weekday morning.