External Debt in Chile
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 |
Chile External Debt Chart
Source: Chile Central Bank and FocusEconomics calculations.
Chile Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.14 | -0.44 % | Dec 30 |
| Exchange Rate | 752.0 | 0.05 % | Jan 01 |
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