External Debt in Chile

Chile External Debt | Economic News & Forecasts

Chile - External Debt

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 - External Debt Data

2015   2016   2017   2018   2019  
External Debt (% of GDP)65.4  65.8  64.9  61.8  70.2  

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Chile External Debt Chart

Chile External Debt
Note: External debt 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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