Imports in Chile

Chile Imports (%) | Economic News & Forecasts

Chile - Imports (percent change)

Available indicators suggest the economic situation improved, yet remained challenging, in Q3, following a sharp contraction in GDP in Q2 as lockdown measures ravaged domestic activity. Economic activity shrank at a softer pace in annual terms in July-August as Covid-19-related restrictions were eased, yet the fall was considerable, as severe contractions in the construction and services sectors dragged on the economy. Moreover, the recovery in consumer confidence was limited in Q3, which, coupled with a higher unemployment rate, likely weighed on household spending. However, business sentiment strengthened considerably in the quarter. In other news, in late September the government launched a USD 2.0 billion subsidy plan to boost employment and recover job losses. Meanwhile, the state of catastrophe due to the pandemic has been extended for an additional 90 days, until 31 December.

Chile - Imports (%) Data

2015   2016   2017   2018   2019  
Imports (annual variation in %)-14.6  -4.7  10.1  14.8  -6.9  

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Chile Facts

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

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