Markets Actual Q3 Q4 Q1 Q2 2020
Currency 719.18 709 714 720 726 737
Stock Market (points) 23637.94 24265 24080 23894 23710 23348
Government Bond 10y (%) 2.67 2.92 2.95 2.99 3.03 3.1
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.80 1 1 0.7 0.9 1.2
GDP Annual Growth Rate (%) 1.90 3.3 3 3.2 3.4 3.3
Unemployment Rate (%) 7.10 6.9 6.7 6.7 7 6.8
Inflation Rate (%) 2.20 2 2.6 2.8 3 3.1
Interest Rate (%) 2.50 2 2 2.25 2.25 2.5
Balance of Trade (USD Million) -30.00 900 1380 300 200 100
Current Account (USD Million) -2929.20 -2400 -725 -500 -1400 -1000
Current Account to GDP (%) -3.10 -3.3 -3.3 -2.7 -2.7 -2.7
Government Debt to GDP (%) 25.60 27 27 30 30 30
Government Budget (% of GDP) -1.70 -1.6 -1.6 -1.3 -1.3 -1.3
Business Confidence (Index Points) 50.36 51.6 51.4 50.5 51.5 52
Consumer Confidence (Index Points) 37.80 42 45 47 48 51
Retail Sales MoM (%) -6.60 0.7 32 10 -2 26
Corporate Tax Rate (%) 27.00 27 27 27 27 27
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.80 1 1 0.7 0.9 1.2
GDP Annual Growth Rate (%) 1.90 3.3 3 3.2 3.4 3.3
GDP (USD Billion) 298.20 300 300 306 306 306
GDP Constant Prices (CLP Billion) 39228.51 39701 40096 40165 40243 41420
Gross National Product (CLP Billion) 147343.25 146295 151764 152058 152353 156772
Gross Fixed Capital Formation (CLP Billion) 8162.37 8067 9878 7876 7891 10204
GDP per capita (USD) 15130.20 16000 16000 16500 16500 16500
GDP per capita PPP (USD) 22873.81 23400 23400 24500 24500 24500
GDP From Agriculture (CLP Billion) 925.56 584 1109 2004 2008 1146
GDP From Construction (CLP Billion) 2360.48 2310 2958 2270 2275 3055
GDP From Manufacturing (CLP Billion) 4053.39 3916 4252 4101 4109 4392
GDP From Mining (CLP Billion) 3727.95 3913 4368 3738 3746 4512
GDP From Public Administration (CLP Billion) 1791.10 1826 1842 1816 1820 1903
GDP From Services (CLP Billion) 3917.49 3752 3994 3733 3740 4126
GDP From Transport (CLP Billion) 1973.45 1994 2138 2033 2037 2209
GDP From Utilities (CLP Billion) 1038.73 1090 1166 1100 1102 1204
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 7.10 6.9 6.7 6.7 7 6.8
Unemployed Persons (Thousand ) 647.60 685 665 665 665 675
Wages (CLP/Hour) 4871.43 4840 5000 5000 5000 5300
Wages in Manufacturing (Index Points) 115.24 109 110 110 110 112
Minimum Wages (CLP/Month) 301000.00 301000 301000 320000 320000 320000
Population (Million) 18.75 18.7 18.55 18.73 18.73 18.73
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65
Living Wage Family (CLP/Month) 599700.00 620000 620000 620000 620000 640000
Living Wage Individual (CLP/Month) 388600.00 402500 402500 402500 402500 402500
Wages High Skilled (CLP/Month) 1154700.00 1200000 1200000 1200000 1200000 1191000
Wages Low Skilled (CLP/Month) 388700.00 374000 374000 374000 374000 383498
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.20 2 2.6 2.8 3 3.1
Consumer Price Index CPI (Index Points) 100.75 120 122 122 122 122
Core Consumer Prices (Index Points) 100.97 122 123 104 104 126
Core Inflation Rate (%) 0.80 2.3 2.5 2.7 2.9 2.9
Food Inflation (%) 2.20 2.3 2.8 3 3.3 3.4
Producer Prices (Index Points) 114.03 117 118 119 118 123
Producer Prices Change (%) 1.30 2.9 3.4 3.5 3.8 4.5
CPI Transportation (Index Points) 100.90 103 104 102 104 107
Inflation Rate Mom (%) 0.20 0.4 0.5 0.3 0.4 0.3
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 2.50 2 2 2.25 2.25 2.5
Interbank Rate (%) 2.50 2.47 2.47 2.72 2.72 2.72
Banks Balance Sheet (CLP Million) 149867.00 143000 142000 142000 142000 144000
Deposit Interest Rate (%) 2.70 3.2 3.2 3.3 3.3 3.3
Private Debt to GDP (%) 189.10 193 193 184 184 184
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -30.00 900 1380 300 200 100
Current Account (USD Million) -2929.20 -2400 -725 -500 -1400 -1000
Current Account to GDP (%) -3.10 -3.3 -3.3 -2.7 -2.7 -2.7
Imports (USD Million) 5799.00 5350 5600 6000 6200 6200
Exports (USD Million) 5770.00 5900 6500 6300 6400 6300
External Debt (USD Million) 193992.73 186402 189151 192869 196266 195393
Tourist Arrivals (Persons) 263280.00 295000 370000 340000 280000 307500
Foreign Direct Investment (USD Million) -3116.00 -700 -1000 -1000 -800 -600
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 25.60 27 27 30 30 30
Government Budget (% of GDP) -1.70 -1.6 -1.6 -1.3 -1.3 -1.3
Government Spending (CLP Billion) 5570.80 5650 6025 4548 4557 6224
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 27.00 27 27 27 27 27
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 Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 50.36 51.6 51.4 50.5 51.5 52
Industrial Production (%) -2.90 2 -0.3 2.5 3.5 3.4
Industrial Production Mom (%) -1.10 0.4 0.5 0.2 0.6 1.3
Manufacturing Production (%) -5.40 -4.2 -1.7 -0.5 0.6 2.2
Total Vehicle Sales 28446.00 36600 34500 34500 32800 36000
Leading Economic Index (%) 1.30 3.2 3.1 3.3 3 3
Mining Production (%) 0.00 -3 2.5 3.5 3.3 3.5
Copper Production (Thousands of Tonnes) 474.70 500 650 680 685 700
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 37.80 42 45 47 48 51
Retail Sales MoM (%) -6.60 0.7 32 10 -2 26
Retail Sales YoY (%) -0.90 3.3 3.8 2.5 3.9 3.7
Consumer Spending (CLP Billion) 25164.78 25311 27239 25584 25633 28138
Households Debt To GDP (% of GDP) 45.40 44.28 45.4 45.4 45.4 45.4
Bank Lending Rate (%) 5.60 5.41 5.41 5.66 5.66 5.66
Gasoline Prices (USD/Liter) 1.16 1.18 1.15 1.12 1.09 1.09
Housing Actual Q3 Q4 Q1 Q2 2020
Building Permits (Units) 12380.00 7000 11000 12500 12800 12000


This page has economic forecasts for Chile including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Chile economy.