Economy of Chile. Statistics, Data and Indicators
Chile
| 78A+ | Credit rank #33 |
| 122.73 | Quality of life #46 |
| 27 | Corruption rank#26 |
| 59 | Ease of doing business#56 |
Chile Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 301 USD Billion | 2022 |
| GDP Annual Growth Rate | -1.1 % | 2Q/23 |
| GDP Growth Rate | -0.3 % | 2Q/23 |
| GDP per capita | 14358 USD | 2022 |
| Inflation Rate YoY | 5.1 % | Sep/23 |
| Interest Rate | 9.5 % | Sep/23 |
| Unemployment Rate | 9 % | Aug/23 |
| Wages | 6524 CLP/Hour | 1127.866 USD/Month | Jul/23 |
| Balance of Trade | 976 USD Million | 0.976 B USD | Sep/23 |
| Current Account | -2754 USD Million | -2.754 B USD | 2Q/23 |
| Foreign Exchange Reserves | 41102 USD Million | 41.102 B USD | Aug/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 301 USD Billion | 2022 |
| GDP Annual Growth Rate | -1.1 % | 2Q/23 |
| GDP Growth Rate | -0.3 % | 2Q/23 |
| GDP per capita | 14358 USD | 2022 |
| Gross National Product | 205023 CLP Billion | 221.527 USD Billion | 2022 |
| GDP Constant Prices | 50973 CLP Billion | 55.076 B USD | 2Q/23 |
| GDP per capita PPP | 25886 USD | 2022 |
| GDP From Agriculture | 1342 CLP Billion | 1.45 B USD | 2Q/23 |
| GDP From Construction | 2878 CLP Billion | 3.11 B USD | 2Q/23 |
| GDP From Manufacturing | 4590 CLP Billion | 4.959 B USD | 2Q/23 |
| GDP From Mining | 3732 CLP Billion | 4.032 B USD | 2Q/23 |
| GDP From Public Administration | 2446 CLP Billion | 2.643 B USD | 2Q/23 |
| GDP From Services | 4914 CLP Billion | 5.31 B USD | 2Q/23 |
| GDP From Transport | 2655 CLP Billion | 2.869 B USD | 2Q/23 |
| GDP From Utilities | 1499 CLP Billion | 1.62 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 38 % | 2022 |
| Government Budget Value | -529053 CLP Million | -0.572 USD Billion | Aug/23 |
| Government Spending | 8975 CLP Billion | 9.697 USD Billion | 2Q/23 |
| Government Revenues | 5019862 CLP Million | 5.424 USD Billion | Aug/23 |
| Fiscal Expenditure | 5548915 CLP Million | 5.996 B USD | Aug/23 |
| Government Budget to GDP | 1.1 % | 2022 |
| Military Expenditure | 5566 USD Million | 5.566 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 133 index points | Sep/23 |
| Export Prices | 132 index points | 2Q/23 |
| Food Inflation | 7.92 % | Sep/23 |
| Gasoline Prices | 1.47 USD/Liter | Sep/23 |
| GDP Deflator | 128 index points | 3Q/22 |
| Import Prices | 110 index points | 2Q/23 |
| Inflation Rate YoY | 5.1 % | Sep/23 |
| Producer Prices | 177 index points | Aug/23 |
| Inflation Rate Mom | 0.7 % | Sep/23 |
| Core Consumer Prices | 127 Index Points | Sep/23 |
| Core Inflation Rate | 5.15 % | Sep/23 |
| CPI Transportation | 139 Index Points | Sep/23 |
| Producer Prices Change | -6.7 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -9 % | 2022 |
| Balance of Trade | 976 USD Million | 0.976 USD Billion | Sep/23 |
| Capital Flows | -1816 USD Million | -1.816 USD Billion | 2Q/23 |
| Current Account | -2754 USD Million | -2.754 USD Billion | 2Q/23 |
| Exports | 7342 USD Million | 7.342 USD Billion | Sep/23 |
| External Debt | 233370 USD Million | 233.37 USD Billion | Jul/23 |
| Foreign Exchange Reserves | 41102 USD Million | 41.102 USD Billion | Aug/23 |
| Imports | 6366 USD Million | 6.366 USD Billion | Sep/23 |
| Terms of Trade | 120 Index Points | 2Q/23 |
| Tourist Arrivals | 716515 Persons | 0.717 Million Persons | Aug/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 14.28 % | Sep/23 |
| Gold Reserves | 0.25 Tonnes | 2Q/23 |
| Interbank Rate | 9.52 % | Oct/23 |
| Interest Rate | 9.5 % | Sep/23 |
| Loans to Private Sector | 137295 CLP Billion | 148.347 USD Billion | Jul/23 |
| Money Supply M1 | 54386 CLP Billion | 58.764 USD Billion | Aug/23 |
| Money Supply M2 | 189286 CLP Billion | 204.523 USD Billion | Aug/23 |
| Money Supply M3 | 326981 CLP Billion | 353.302 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 62798 CLP Million | 0.068 B USD | Aug/23 |
| Deposit Interest Rate | 8.99 % | 2022 |
| Foreign Direct Investment | -3971 USD Million | -3.971 B USD | 2Q/23 |
| Private Sector Credit | 220979 CLP Billion | 238.767 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 460000 CLP/Month | 497.029 USD/Month | 2023 |
| Retirement Age Men | 65 | 2022 |
| Retirement Age Women | 60 | 2022 |
| Unemployment Rate | 9 % | Aug/23 |
| Wages | 6524 CLP/Hour | 1127.866 USD/Month | Jul/23 |
| Employed Persons | 9005 Thousand Person | 9.005 Million Person | Aug/23 |
| Employment Rate | 55.6 % | Jul/23 |
| Labor Force Participation Rate | 61 % | Jul/23 |
| Living Wage Family | 599700 CLP/Month | 730.673 USD/Month | 2018 |
| Living Wage Individual | 388600 CLP/Month | 473.469 USD/Month | 2018 |
| Unemployed Persons | 890 Thousand Persons | 0.89 Million Persons | Aug/23 |
| Wages High Skilled | 1154700 CLP/Month | 1406.884 USD/Month | 2018 |
| Wages Low Skilled | 388700 CLP/Month | 473.591 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 27 % | 2022 |
| Personal Income Tax Rate | 40 % | 2023 |
| Sales Tax Rate | 19 % | 2023 |
| Social Security Rate | 23.5 % | 2022 |
| Social Security Rate For Employees | 18.5 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 2 BBL/D/1K | Jan/23 |
| Industrial Production | 0.19 % | Aug/23 |
| Mining Production | 0.21 % | Aug/23 |
| Steel Production | 105 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | -1.3 % | Jul/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 43.38 index points | Sep/23 |
| Corruption Index | 67 index points | 2022 |
| Corruption Rank | 27 place | 2022 |
| Ease of Doing Business | 59 place | 2019 |
| Manufacturing Production | 0.52 % | Aug/23 |
| Competitiveness Index | 70.54 Index Points | 2019 |
| Competitiveness Rank | 33 | 2019 |
| Leading Economic Index | -0.9 % | Aug/23 |
| Total Vehicle Sales | 25503 Units | 0.026 M Units | Sep/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 29.4 index points | Aug/23 |
| Private Debt To GDP | 205 % | 2022 |
| Retail Sales MoM | -0.5 % | Aug/23 |
| Retail Sales YoY | -9.1 % | Aug/23 |
| Consumer Credit | 28560 CLP Billion | 30.859 USD Billion | Jul/23 |
| Consumer Spending | 32017 CLP Billion | 34.594 USD Billion | 2Q/23 |
| Households Debt To GDP | 46.5 % | 1Q/23 |
