Chile Current Account  Forecast


Current Account in Chile is expected to be -2047.91 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 -1594.86 in 12 months time. In the long-term, the Chile Current Account is projected to trend around -1309.50 USD Million in 2020, according to our econometric models.


Chile Current Account
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Chile Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 597 450 500 600 600 650
Exports 6100 6100 6400 6500 6700 6000
Imports 5503 5000 4800 4900 4800 5250
Current Account -1549 -2048 -1010 -1188 -1595 -1310
Current Account to GDP -1.4 -1.94 -1.9 -2.07 -2.04 -2.01
External Debt 170293 163762 153851 144472 135735 75465
Capital Flows -653 -1171 -736 -1501 -914 -1090
Remittances 923 1019 1059 1044 1028 1139
Gold Reserves 0.25 0.25 0.25 0.25 0.25 0.25
Terms Of Trade 124 121 124 123 122 123
Terrorism Index 2.7 2.69 2.43 2.43 2.42 2.44
Foreign Direct Investment 190 -633 -79.66 -478 -136 -299
Crude Oil Production 4 4.03 4.03 4.03 4.03 4.03