Bank Lending Rate in Chile decreased to 5.53 percent in March from 6.24 percent in February of 2020.

Bank Lending Rate in Chile averaged 7.98 percent from 2002 until 2020, reaching an all time high of 15.15 percent in October of 2008 and a record low of 4.74 percent in December of 2009. 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 May of 2020. source: Banco Central de Chile

Bank Lending Rate in Chile is expected to be 6.24 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 6.24 in 12 months time. In the long-term, the Chile Bank Lending Rate is projected to trend around 6.24 percent in 2021 and 6.74 percent in 2022, according to our econometric models.

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Chile Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.53 6.24 15.15 4.74 2002 - 2020 percent Monthly

Chile Consumer Last Previous Highest Lowest Unit
Consumer Confidence 32.70 30.40 59.30 28.30 points [+]
Retail Sales MoM -25.20 -6.80 43.00 -27.00 percent [+]
Retail Sales YoY -31.30 -14.90 23.80 -31.30 percent [+]
Consumer Spending 24258.08 25475.01 26491.15 7342.00 CLP Billion [+]
Consumer Credit 27052.00 27402.00 27530.00 2224.00 CLP Billion [+]
Private Sector Credit 176885.50 175510.81 176885.50 21212.00 CLP Billion [+]
Gasoline Prices 0.98 1.00 1.76 0.43 USD/Liter [+]
Households Debt To GDP 47.30 46.90 47.30 22.20 percent of GDP [+]
Bank Lending Rate 5.53 6.24 15.15 4.74 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.