page_title: Crisis of 1982
hierarchical_section_title: Crisis of 1982
caption_attribution_description: English: Data from [1] United Nations Statistics Division. Rates of Growth of GDP (in Percent) of Chile (orange) and South America (blue).
context_page_description: The Crisis of 1982 was a major economic crisis suffered in Chile during the military dictatorship after years of radical neoliberal reforms. It was the worst economic crisis in Chile since the 1930s Great Depression. Chile's GDP fell 14.3%, and unemployment rose to 23.7%.
context_section_description: The Crisis of 1982 was a major economic crisis suffered in Chile during the military dictatorship after years of radical neoliberal reforms. It was the worst economic crisis in Chile since the 1930s Great Depression. Chile's GDP fell 14.3%, and unemployment rose to 23.7%.
caption: Growth rate of Chile's GDP (orange) and Latin America (blue) between 1971 and 2007
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