# Economic decline in Magallanes region

> Live situation record from CLSTR: https://clstr.news/situations/economic-decline-in-magallanes-region
> Updated: 2026-09-27T15:10:52.000Z. Sources: 9. Developments: 2.

In the Magallanes region, Senator Alejandro Kusanovic has requested additional government funding to address a decline in economic activity. Data from the Ministry of the Interior and the Central Bank indicated that the regional GDP fell by approximately 2% during the second quarter of 2025, alongside a 0.3% decrease in household consumption.

Despite a 6.3% growth in regional exports during that same period, Kusanovic has called for “short-term aggressive measures” to support local industries, stimulate employment, and prevent further economic deterioration. He emphasized that the strategic importance of the Strait of Magallanes should be a factor in budgetary decisions and the financing of infrastructure projects.

## Timeline

### 2026-09-27: Magallanes Senator requests new funds amid regional economic decline

Senator Alejandro Kusanovic is requesting additional national budget resources for Magallanes after regional GDP fell by nearly 2% in the second quarter of 2025.

3 sources. https://clstr.news/cluster/magallanes-senator-requests-new-funds-amid-regional-economic-decline

### 2026-09-23: Aysén regional GDP falls 4.2% in second quarter

Aysén's GDP fell by 4.2% in Q2 2026, driven by declines in the salmon and construction industries, despite hopes for recovery through upcoming public infrastructure projects.

6 sources. https://clstr.news/cluster/aysn-regional-gdp-falls-42-in-second-quarter

---
Cite as: Economic decline in Magallanes region. CLSTR, https://clstr.news/situations/economic-decline-in-magallanes-region