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Why Chile?
Economic Information
Selected Economic Information
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | Mar-10 (1) | |
|---|---|---|---|---|---|---|---|---|
| THE ECONOMY | ||||||||
| Gross Domestic Product (GDP) (2) | 73,990 | 95,653 | 118,250 | 146,773 | 164,315 | 170,851 | 163,670 | 46,578 |
| Real GDP (in billions of constant 2003 pesos) | 51,156 | 54,247 | 57,263 | 59,891 | 62,646 | 64,955 | 63,963 | 15,916 |
| % Change from prior year | 4.0% | 6.0% | 5.6% | 4.6% | 4.6% | 3.7% | -1.5% | 1.0% |
| Consumer price index (annual rate of change) | 1.1% | 2.4% | 3.7% | 2.6% | 7.8% | 7.1% | -1.4% | 0.3% |
| Wholesale price index (annual rate of change) | -1.0% | 7.8% | 3.2% | 7.9% | 14.0% | 22.7% | 14.9% | -6.3% |
| Unemployment rate (annual average) | 9.5% | 10.0% | 9.2% | 7.8% | 7.1% | 7.8% | 9.7% | 9.0% |
| Balance of payments | ||||||||
| Trade balance | 3,105 | 9,585 | 10,775 | 22,780 | 23,941 | 8,848 | 13,982 | 4,679 |
| Current account | -779 | 2,074 | 1,449 | 7,154 | 7,458 | -2,513 | 4,217 | 1,523 |
| Financial and capital account (including change in reserves) | 1,511 | -1,805 | -125 | -5,628 | -7,008 | 885 | -4,103 | -428 |
| Errors and omissions | -723 | -270 | -1,324 | -1,526 | -450 | 1,628 | -115 | -1,095 |
| Central Bank net international reserves (period-end) | 15,851 | 16,016 | 16,963 | 19,429 | 16,910 | 23,162 | 25,371 | 25,631 |
| Number of months of import coverage | 11 | 8 | 7 | 6 | 5 | 5 | 8 | 2 |
| PUBLIC FINANCE (in millions of US$) | ||||||||
| Central Government revenue | 15,328 | 21,087 | 28,179 | 37,865 | 45,068 | 44,916 | 32,689 | 10,224 |
| % of GDP | 20.7% | 22.0% | 23.8% | 25.8% | 27.4% | 26.3% | 20.0% | 21.9% |
| Central Government expenditure | 15,661 | 19,045 | 22,781 | 26,580 | 30,615 | 35,958 | 39,913 | 10,305 |
| % of GDP | 21.2% | 19.9% | 19.3% | 18.1% | 18.6% | 21.0% | 24.4% | 22.1% |
| Central Government surplus/ (deficit) | -333 | 2,042 | 5,398 | 11,285 | 14,453 | 8,958 | -7,224 | -81 |
| % of GDP | -0.5% | 2.1% | 4.6% | 7.7% | 8.8% | 5.2% | -4.4% | -0.2% |
| Consolidated non-financial public sector surplus/ (deficit) | -442 | 3,770 | 8,905 | 17,547 | 18,697 | 11,370 | N.A. | N.A. |
| % of GDP | -0.6% | 3.9% | 7.5% | 12.0% | 11.4% | 6.7% | N.A. | N.A. |
| PUBLIC DEBT (in millions of US$) | ||||||||
| Central Government external debt | 4,551 | 4,720 | 4,070 | 4,171 | 3,611 | 2,888 | 2,563 | 2,507 |
| Central Government external debt/GDP | 6.2% | 4.9% | 3.4% | 2.8% | 2.2% | 1.7% | 1.6% | 1.3% (3) |
| Central Government external debt/exports | 21.0% | 14.5% | 9.9% | 7.1% | 5.3% | 4.3% | 4.8% | N.A. |
(1) Preliminary.
(2) GDP in U.S. dollars calculated by translating the nominal GDP in pesos at the average exchange rate of each period.
(3) Using 2010 GDP estimated.
Source: Central Bank, Budget Office and National Statistics Institute.
