Current Account in Chile

Chile Current Account (USD bn) | Economic News & Forecasts

Chile - Current Account (billions of U.S. Dollars)

Current account registers a deficit amid increasing imports

In the third quarter, the current account balance recorded a deficit of USD 2.9 billion, a sharp retreat from the revised USD 0.3 billion surplus recorded in the previous quarter (previously reported: USD 0.2 billion). The reading exceeded market expectations of a USD 1.4 billion deficit. The current account deficit stemmed from the income balance deficit of USD 3.9 billion (Q2: USD 4.1 billion). In addition, the trade balance surplus narrowed as exports totalled USD 20.0 billion (Q2 2011: USD 21.1 billion), while imports increased to USD 19.2 billion (Q2 2011: USD 17.4 billion).

Chile - Current Account (USD bn) Data

2015   2016   2017   2018   2019  
Current Account Balance (USD bn)-5.7  -5.0  -6.4  -10.6  -10.9  

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Chile Current Account (USD bn) Chart

Chile Current Account
Note: Current account balance as % of GDP.
Source: Chile Central Bank and FocusEconomics calculations.

Chile Facts

Value Change Date
Bond Yield3.14-0.44 %Dec 30
Exchange Rate752.00.05 %Jan 01

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