Chile's current account deficit widened to USD 1.02 billion in the first quarter of 2019 from USD 0.34 billion in the corresponding period of the previous year. The goods surplus narrowed to USD 2.18 billion from USD 2.95 billion in Q1 2018 and the services shortfall increased to USD 0.99 billion from USD 0.78 billion. Also, the secondary income surplus declined to USD 0.40 billion from USD 0.43 billion. On the other hand, the primary income gap decreased to USD 2.61 billion from USD 2.94 billion a year earlier. Current Account in Chile averaged -543.33 USD Million from 1996 until 2019, reaching an all time high of 3256.31 USD Million in the first quarter of 2007 and a record low of -5054.90 USD Million in the third quarter of 2012.

Current Account in Chile is expected to be -1100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Chile to stand at -500.00 in 12 months time. In the long-term, the Chile Current Account is projected to trend around -1200.00 USD Million in 2020, according to our econometric models.

Chile Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-20 11:30 AM Current Account Q2 $-1.8B $-0.2B $ -1.3B
2018-11-19 11:30 AM Current Account Q3 $-3.4B $-2.5B $ -2.1B
2019-03-18 11:30 AM Current Account Q4 $-3.6B $-2.9B $-0.3B
2019-05-20 01:00 PM Current Account Q1 $-1.0B $-3.6B $-0.6B
2019-08-20 11:30 AM Current Account Q2 $-1.0B $-1.1B
2019-11-19 11:30 AM Current Account Q3 $-2.4B


Chile Trade Last Previous Highest Lowest Unit
Balance of Trade 317.00 371.00 2968.68 -1384.72 USD Million [+]
Current Account -1022.60 -3634.00 3256.31 -5054.90 USD Million [+]
Current Account to GDP -3.10 -1.50 4.50 -14.00 percent [+]
Imports 4986.00 5982.27 7865.59 492.60 USD Million [+]
Exports 5304.00 6353.07 7760.56 644.40 USD Million [+]
External Debt 189812.28 189584.70 189812.28 2435.00 USD Million [+]
Capital Flows 2.16 -2401.46 13891.49 -5487.39 USD Million [+]
Gold Reserves 0.25 0.25 35.96 0.21 Tonnes [+]
Terms Of Trade 100.40 94.99 122.50 58.80 Index Points [+]
Terrorism Index 3.45 3.25 3.97 0.50 [+]
Tourist Arrivals 270022.00 319055.00 521425.00 50093.00 Persons [+]
Foreign Direct Investment -299.68 -41.80 899.37 -6259.76 USD Million [+]
Crude Oil Production 3.00 4.00 13.00 2.30 BBL/D/1K [+]

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Chile Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Chile Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Current Account - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1022.60 -3634.00 3256.31 -5054.90 1996 - 2019 USD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 13.32 May/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 2599.00 May/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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