Bank Lending Rate in Chile decreased to 4.98 percent in December from 5.53 percent in November of 2020. source: Banco Central de Chile

Bank Lending Rate in Chile averaged 7.86 percent from 2002 until 2020, reaching an all time high of 15.15 percent in October of 2008 and a record low of 4.44 percent in September of 2020. This page provides - Chile Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Bank Lending Rate - values, historical data and charts - was last updated on January of 2021.

Bank Lending Rate in Chile is expected to be 5.53 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Chile to stand at 7.03 in 12 months time. In the long-term, the Chile Bank Lending Rate is projected to trend around 5.53 percent in 2022 and 6.03 percent in 2023, according to our econometric models.

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Chile Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.98 5.53 15.15 4.44 2002 - 2020 percent Monthly

Chile Consumer Last Previous Highest Lowest Unit
Consumer Confidence 25.50 21.20 59.30 20.30 points [+]
Retail Sales MoM 4.50 3.10 43.00 -27.00 percent [+]
Retail Sales YoY 25.00 19.80 25.00 -31.70 percent [+]
Consumer Spending 22832.37 19846.30 26491.15 7342.00 CLP Billion [+]
Consumer Credit 23793.00 23484.00 27530.00 2224.00 CLP Billion [+]
Private Sector Credit 181846.17 183066.92 185086.66 21212.00 CLP Billion [+]
Gasoline Prices 1.03 0.97 1.76 0.43 USD/Liter [+]
Households Debt To GDP 48.00 47.30 48.00 22.20 percent of GDP [+]
Bank Lending Rate 4.98 5.53 15.15 4.44 percent [+]


Chile Bank Lending Rate
In the Chile, the bank lending rate is the average rate of interest charged on short term loans by commercial banks to companies.