The match is Chile's first Confederations Cup final in their inaugural participation in the tournament, having qualified by winning the Copa América in 2015 for the very first time.
The match is also Germany's first Confederations Cup final, having qualified for the tournament by winning the FIFA World Cup in 2014 for their fourth title. The tournament is their third appearance in the Confederations Cup. In 1999, Germany qualified by winning UEFA Euro 1996, and finished third in their group. In 2005, Germany qualified as hosts, and finished third in the tournament. Germany were also invited to the tournament in 1992 as 1990 FIFA World Cup winners, in 1997 as UEFA Euro 1996 winners, and in 2003 as 2002 FIFA World Cup runners-up, but declined to participate on all occasions.
Chile and Germany have faced each other on eight occasions prior, four of which were friendlies and four of which were competitive matches. Germany have won a total of five matches, with Chile winning two, and one match finishing as a draw. Of the competitive matches between them, Germany remain undefeated with a record of three wins and one draw. West Germany won the first meeting 2–1 in a 1960 friendly. A year later in 1961, Chile won 3–1 in another friendly. The sides faced each other competitively for the first time another year later at the 1962 FIFA World Cup, which Chile hosted, with West Germany winning 2–0 in the group stage. The sides met again in a friendly in 1968, with Chile winning 2–1. At the 1974 FIFA World Cup, hosts West Germany beat Chile 1–0 in in the first round. They met again at the 1982 FIFA World Cup, with West Germany winning the first round match 4–1. After 32 years, the two faced each other again in a friendly, with Germany winning 1–0. Their latest meeting took place in the group stage of the tournament, finishing 1–1, the first draw between the two sides.
For the third time, teams from the same group have faced again in the final, previously occurring in 1997 (Brazil and Australia) and 2009 (United States and Brazil). The final is a record-equalling fourth consecutive with a South American country, and a record-equalling second consecutive with a European country. This is the eighth time a South American country has made the final, including an all-South American final in 2005 between rivals Argentina and Brazil. On the other six occasions, the South American team won four times (Argentina in 1992, Brazil in 1997, 2009, and 2013), and lost twice (Argentina in 1995, Brazil in 1999). This is the fifth time a European country has made the final, with three wins (Denmark in 1995, France in 2001 and 2003), and one loss (Spain in 2013). This is the third final between a South American and European country, with both continents having one win each. The South American country, Brazil, defeated Spain in 2013, and the European country, Denmark, defeated Argentina in 1995.
For the first time since 2003, a different champion will be declared, as Brazil, the defending champions who won the last three editions, failed to qualify (for the first time since 1995) following their loss on penalties to Paraguay in the quarter-finals of the 2015 Copa América. For the first time since France in 2001, a new country will win the competition, which will be the sixth overall winner. A total of two South American teams (Argentina and Brazil) and two European countries (Denmark and France) have previously won the Confederations Cup. If Chile were to win, they would extend South America's record number of consecutive finals won to four, and overall finals won to six. If Germany were to win, they would extend Europe's number of finals won to four, ranking second only behind South America's five wins.