MNI POLITICAL RISK ANALYSIS – Chile Election Preview

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On Sunday, 16 November, Chileans will go to the polls in an election cycle that could see a dramatic shift in the country’s political landscape. The first round of the presidential election will take place, while all 155 seats of the Chamber of Deputies and 26 of the 50 Senate seats will also be up for grabs. With the Constitution prohibiting incumbent President Gabriel Boric from seeking a second consecutive term, there will be a new occupant of La Moneda come inauguration day on 11 March 2026. 

In this preview, we explain how the presidential and congressional elections take place, outline the main candidates for the presidency and the political parties and alliances vying for congressional seats, provide a financial market and macroeconomic overview ahead of the election, analysis of potential election scenarios with assigned probabilities, a chartpack of first and second round opinion polling, and views on the vote from sell-side analysts.