Markets Actual Q4 Q1 Q2 Q3 2022
Currency 846.40 849 858 867 876 895
Stock Market (points) 21860.83 21029 20216 19432 18682 17264
Government Bond 10y (%) 5.72 5.83 5.93 6.04 6.15 6.38

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 4.90 1 0.5 1 0.6 1
GDP Annual Growth Rate (%) 17.20 11 5 4 2 3.6
Unemployment Rate (%) 8.10 8 8.1 8.6 8.4 7.5
Inflation Rate (%) 6.00 6.1 5.5 5.2 4.5 4
Interest Rate (%) 2.75 2.75 3 3 3 3
Balance of Trade (USD Million) -352.00 500 800 0 -400 400
Current Account (USD Million) -6504.00 -5200 -4000 -4000 -5 -4400
Current Account to GDP (% of GDP) 1.40 -0.7 -1.2 -1.2 -1.2 -1.2
Government Debt to GDP (% of GDP) 33.00 37 40 40 40 40
Government Budget (% of GDP) -7.10 -2.5 -3.1 -3.1 -3.1 -3.1
Business Confidence (points) 49.04 55 60 58 62 60
Consumer Confidence (points) 34.20 40 38 36 37 45
Retail Sales MoM (%) 6.00 10 4 3.5 2.5 1.5
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 40.00 40 40 40 40 35

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 4.90 1 0.5 1 0.6 1
GDP Annual Growth Rate (%) 17.20 11 5 4 2 3.6
GDP (USD Billion) 252.90 270 270 270 270 280
GDP Constant Prices (CLP Billion) 41647.51 42847 41013 41039 42480 43455
Gross National Product (CLP Billion) 139178.75 162103 146138 144746 141962 160050
Gross Fixed Capital Formation (CLP Billion) 8879.99 10592 8193 8266 9058 10381
GDP per capita (USD) 12954.41 15000 15000 15000 15000 15200
GDP per capita PPP (USD) 23324.52 24080 24080 24080 24080 24080
GDP From Agriculture (CLP Billion) 485.08 1185 2094 919 495 1223
GDP From Construction (CLP Billion) 2308.52 3159 2100 2235 2355 2943
GDP From Manufacturing (CLP Billion) 4154.27 4559 4304 4271 4237 4799
GDP From Mining (CLP Billion) 3741.05 4683 3781 3923 3816 4662
GDP From Public Administration (CLP Billion) 1928.45 1967 1976 1984 1967 2168
GDP From Services (CLP Billion) 4251.65 4266 3809 4079 4337 4425
GDP From Transport (CLP Billion) 1830.25 2293 1817 1594 1867 2068
GDP From Utilities (CLP Billion) 1073.79 1245 1106 1113 1095 1290

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 8.10 8 8.1 8.6 8.4 7.5
Employed Persons (Thousand ) 8456.51 8300 8500 8500 8500 8800
Unemployed Persons (Thousand ) 743.01 730 769 770 760 730
Employment Rate (%) 53.00 52 51.4 51.4 51.4 52.4
Labor Force Participation Rate (%) 57.60 57.3 57 57 57 57.5
Job Vacancies (points) 8.70 25.87 25.92 25.94 25.94 25.94
Wages (CLP/Hour) 5419.82 5400 5500 5570 5600 5600
Wages in Manufacturing (points) 127.89 130 132 135 140 145
Minimum Wages (CLP/Month) 337000.00 337000 347000 347000 347000 347000
Population (Million) 19.46 19.68 19.83 19.83 19.83 19.83
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 6.00 6.1 5.5 5.2 4.5 4
Consumer Price Index CPI (points) 112.94 113 114 115 116 118
Core Consumer Prices (points) 110.94 130 113 114 115 118
Core Inflation Rate (%) 5.80 6 5.6 5.9 5.4 5
Export Prices (points) 117.40 110 110 108 105 105
Import Prices (points) 87.22 88.78 87.77 88.32 88.32 89
Food Inflation (%) 5.30 5.5 5.2 5 5 5
Inflation Rate Mom (%) 1.30 0.2 0.1 0.1 0.1 0.1
Producer Prices (points) 170.10 133 174 175 179 185
Producer Prices Change (%) 31.90 27 20 13 11 9
CPI Transportation (points) 118.79 119 119 119 119 120

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 2.75 2.75 3 3 3 3
Interbank Rate (%) 4.64 4.64 4.89 4.89 4.89 4.89
Money Supply M1 (CLP Billion) 79993.19 64000 57000 57000 57000 52000
Money Supply M2 (CLP Billion) 175646.38 155000 152000 152000 152000 151500
Money Supply M3 (CLP Billion) 299758.38 265000 262000 262000 262000 260000
Foreign Exchange Reserves (USD Million) 55030.30 58000 61600 66000 69200 72200
Banks Balance Sheet (CLP Million) 176871.00 175014 177287 179560 181833 184106
Deposit Interest Rate (%) 0.86 2.5 2.5 2.5 2.5 2.7
Private Debt to GDP (%) 219.90 207 205 205 205 205
Central Bank Balance Sheet (CLP Million) 62858.00 65400 66700 72900 74200 76700

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) -352.00 500 800 0 -400 400
Current Account (USD Million) -6504.00 -5200 -4000 -4000 -5 -4400
Current Account to GDP (% of GDP) 1.40 -0.7 -1.2 -1.2 -1.2 -1.2
Imports (USD Million) 8119.80 7500 7600 7800 7900 8100
Exports (USD Million) 7767.77 8500 8400 7800 7500 8500
External Debt (USD Million) 233154.53 221000 220700 221000 221000 222000
Capital Flows (USD Million) -7487.00 -2700 -1800 -3000 -4500 -2300
Gold Reserves (Tonnes) 0.25 0.25 0.25 0.25 0.25 0.25
Tourist Arrivals (Persons) 0.00 23000 50000 50000 50000 70000
Terms Of Trade (points) 123.43 120 113 109 105 100
Foreign Direct Investment (USD Million) 1665.00 -100 -1800 -2000 -400 -970
Crude Oil Production (BBL/D/1K) 5.00 5 5 5 5 5

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 33.00 37 40 40 40 40
Government Budget (% of GDP) -7.10 -2.5 -3.1 -3.1 -3.1 -3.1
Government Budget Value (CLP Million) -228842.40 1230500 -3699200 -50000 950800 1550400
Government Spending (CLP Billion) 5851.93 6435 4710 6445 5969 6550
Government Revenues (CLP Million) 5697532.20 5780500 500800 4200000 5200800 5800400
Fiscal Expenditure (CLP Million) 5926374.57 4550000 4200000 4250000 4250000 4250000
Military Expenditure (USD Million) 5036.00 5100 5300 5300 5300 5300

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 40.00 40 40 40 40 35
Sales Tax Rate (%) 19.00 19 19 19 19 19
Social Security Rate (%) 24.60 24.6 24.6 24.6 24.6 24.6
Social Security Rate For Employees (%) 17.60 17.6 17.6 17.6 17.6 17.6

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) 49.04 55 60 58 62 60
Industrial Production (%) 1.30 1.6 -0.6 -1 1.3 0.4
Industrial Production Mom (%) -1.50 0.5 0.7 0.4 0.4 1.1
Manufacturing Production (%) 1.50 2.2 1.7 1.5 1.5 2.4
Changes in Inventories (CLP Billion) 854.18 -800 2900 1100 800 -1000
Total Vehicle Sales (Units) 37564.00 35000 32000 31000 35900 35200
Leading Economic Index (%) 15.00 4.5 3.2 3.1 3.1 3.7
Mining Production (%) -2.90 3.7 1.8 1.8 1.8 3.5
Copper Production (Thousands of Tonnes) 474.90 520 480 460 450 520

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) 34.20 40 38 36 37 45
Retail Sales MoM (%) 6.00 10 4 3.5 2.5 1.5
Retail Sales YoY (%) 22.70 2.5 3 2 2 2
Consumer Spending (CLP Billion) 29040.33 29208 26577 27618 29621 30602
Consumer Credit (CLP Billion) 24026.00 24800 25200 25300 25600 26500
Private Sector Credit (CLP Billion) 191483.36 199583 191809 192490 195313 206768
Gasoline Prices (USD/Liter) 1.16 0.95 1.05 0.99 0.95 0.9
Households Debt To GDP (% of GDP) 47.80 48 48.2 48.3 48.3 48.6
Bank Lending Rate (%) 7.08 7.03 7.33 7.33 7.33 7.33

Housing Actual Q4 Q1 Q2 Q3 2022
Housing Index (points) 221.10 225 227 229 232 235
Building Permits (Units) 8278.00 11600 9900 9400 8500 12600


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Chile Forecast - was last updated on Tuesday, December 7, 2021.