Hege Riise’s side will be eager to make a fast start in Group E, where they are also joined by hosts Japan and two-time bronze medalists Canada.
Chile - whose star player and captain is Lyon goalkeeper Christiane Endler - are making their Olympic debut after an impressive rise under Jose Letelier, while Team GB were quarter-finalists at London 2012 before missing out on Rio 2016 after plans for Great Britain to once again enter football teams at the Games were scrapped.
Where to watch Team GB vs Chile
TV channel: The match will be televised live on BBC Two for free, with kick-off at 8:30am BST. BBC Two’s coverage begins at 8:15.
Live stream: UK viewers will be able to watch the match online for free via the BBC iPlayer and BBC Sport website.
Live coverage: Standard Sport will bring you all the match action, analysis and reaction.