International Reserves in Chile

Chile International Reserves | Economic News & Forecasts

Chile - International Reserves

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 - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)41.1  40.4  38.6  40.5  39.0  

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Chile International Reserves Chart

Chile International Reserves
Note: International reserves in months of imports.
Source: Chile Central Bank and FocusEconomics calculations.

Chile Facts

Bond Yield2.57-0.44 %Sep 04
Exchange Rate722.80.05 %Sep 04
Stock Market24,044-0.67 %Sep 04

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