Chile Posts Largest Current Account Gap in Nearly 2 Years

2025-08-18 12:46 By Luisa Carvalho 1 min. read

Chile logged a current account deficit of $3.25 billion in Q2 2025, the largest since Q3 2023 and widening from $1.86 billion in the same period a year ago.

The primary income deficit increased to $5.59 billion from $4.94 billion, mainly due to a $4.61 billion shortfall in direct investment income, as foreign investors earned $5.81 billion in Chile, while Chilean investments abroad generated $1.21 billion.

At the same time, the services shortfall rose to $2.47 billion from $2.38 billion, and the goods surplus shrank to $4.52 billion from $5.26 billion in June 2024, with imports (+13.1%) growing more than exports (+7%).

Conversely, the secondary income surplus rose to US$0.3 billion from US$0.2 billion, driven by net transfers of US$300 million, reflecting additional tax revenues on dividends paid by foreign investments in Chile.



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