Markets Actual Q3 Q4 Q1 Q2 2023
Currency 931.89 960 982 1004 1004 1051
Stock Market (points) 26138.63 24422 23473 22558 22558 20837
Government Bond 10y (%) 6.46 6.62 6.74 6.86 6.86 7.1

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) -0.80 0.5 0.8 0.6 0.6 0.9
GDP Annual Growth Rate (%) 7.20 2.5 1.7 1.9 1.3 1.5
Unemployment Rate (%) 7.80 7.6 7.4 7.1 6.8 6.5
Inflation Rate (%) 11.50 10.7 8.9 6.4 4.1 4
Interest Rate (%) 9.00 9.5 9.75 8.75 7.5 7.25
Balance of Trade (USD Million) 851.00 741 627 591 355 221
Current Account (USD Million) -5575.19 -5500 -3000 -3500 -2000 -2000
Current Account to GDP (% of GDP) 1.40 -4.5 -4.5 -3.5 -3.5 -3.5
Government Debt to GDP (% of GDP) 33.00 38 38 38 40 37
Government Budget (% of GDP) -7.50 -1.5 -1.5 -0.5 -0.5 -0.5
Business Confidence (points) 46.48 53 55 51 53 50
Consumer Confidence (points) 37.90 38 39 40 41 40
Retail Sales MoM (%) 5.90 -1.5 -1 1.1 2.8 1
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 40.00 40 35 35 35 35

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) -0.80 0.5 0.8 0.6 0.6 0.9
GDP Annual Growth Rate (%) 7.20 2.5 1.7 1.9 1.3 1.5
GDP (USD Billion) 252.90 270 280 280 280 280
GDP Constant Prices (CLP Billion) 51587.98 51686 52392 52868 52568 53661
Gross National Product (CLP Billion) 200424.85 146834 142658 203832 204233 206890
Gross Fixed Capital Formation (CLP Billion) 12411.40 8385 9102 14072 12647 14283
GDP per capita (USD) 12954.41 15000 15200 15200 15200 15200
GDP per capita PPP (USD) 23324.52 24080 24080 24080 24080 24080
GDP From Agriculture (CLP Billion) 2400.00 1484 727 1585 2446 1609
GDP From Construction (CLP Billion) 3245.47 3125 3256 3559 3307 3613
GDP From Manufacturing (CLP Billion) 4640.80 4963 4760 4935 4729 5009
GDP From Mining (CLP Billion) 3730.37 4328 4189 4473 3801 4540
GDP From Public Administration (CLP Billion) 2401.78 2599 2556 2534 2447 2572
GDP From Services (CLP Billion) 4892.52 4138 4358 5485 4985 5567
GDP From Transport (CLP Billion) 3025.30 1617 1876 3053 3083 3099
GDP From Utilities (CLP Billion) 1399.75 1129 1101 1542 1426 1565

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 7.80 7.6 7.4 7.1 6.8 6.5
Employed Persons (Thousand ) 8855.08 8500 8800 8900 8900 9100
Unemployed Persons (Thousand ) 749.54 730 720 710 700 700
Employment Rate (%) 55.10 55 55 56 55 56
Labor Force Participation Rate (%) 59.80 59 60 60 60 60
Job Vacancies (points) 8.70 25.87 25.94 25.94 25.94 25.94
Wages (CLP/Hour) 5646.00 5600 5600 5600 5600 5800
Wages in Manufacturing (points) 136.68 140 145 150 150 150
Minimum Wages (CLP/Month) 400000.00 400000 400000 400000 420000 420000
Population (Million) 19.69 19.92 19.92 20.15 20.15 20.15
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 11.50 10.7 8.9 6.4 4.1 4
Consumer Price Index CPI (points) 121.35 122 123 125 126 130
Core Consumer Prices (points) 117.15 116 117 117 118 120
Core Inflation Rate (%) 9.00 6.9 4.3 2.7 2.2 2
Export Prices (points) 137.30 105 105 105 105 105
Import Prices (points) 111.66 88.78 89 89 89 90
Food Inflation (%) 17.10 7 6 3 3 5
Inflation Rate Mom (%) 1.20 0.3 0.3 0.2 0.2 0.2
Producer Prices (points) 186.52 189 194 200 205 213
Producer Prices Change (%) 19.60 20 14 13 6.1 6.5
CPI Transportation (points) 131.96 133 134 134 134 134

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 9.00 9.5 9.75 8.75 7.5 7.25
Interbank Rate (%) 9.77 10.27 10.52 9.52 8.27 8.27
Money Supply M1 (CLP Billion) 67539.43 67773 67948 68124 68299 68649
Money Supply M2 (CLP Billion) 176587.35 179418 181816 184213 186611 191406
Money Supply M3 (CLP Billion) 306987.42 319416 328747 338079 347410 366073
Foreign Exchange Reserves (USD Million) 46430.80 69200 72200 72200 72200 77900
Banks Balance Sheet (CLP Million) 176816.00 180810 182521 184233 185944 189368
Deposit Interest Rate (%) 0.86 2.5 2.7 2.7 2.7 2.7
Private Debt to GDP (%) 219.90 205 205 205 205 205
Central Bank Balance Sheet (CLP Million) 57331.00 57963 58278 58594 58910 59542

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) 851.00 741 627 591 355 221
Current Account (USD Million) -5575.19 -5500 -3000 -3500 -2000 -2000
Current Account to GDP (% of GDP) 1.40 -4.5 -4.5 -3.5 -3.5 -3.5
Imports (USD Million) 3298.87 7596 7654 7711 7769 7884
Exports (USD Million) 4238.16 8223 8245 8066 8080 8105
External Debt (USD Million) 234064.72 240889 243876 246863 249851 255826
Capital Flows (USD Million) -3898.57 -4500 -2300 -2300 -2300 -2200
Gold Reserves (Tonnes) 0.25 0.25 0.25 0.25 0.25 0.25
Terms Of Trade (points) 112.14 105 100 100 100 95
Tourist Arrivals 532029.00 50000 70000 70000 70000 70000
Foreign Direct Investment (USD Million) -1126.34 -400 -970 -970 -970 -1300
Crude Oil Production (BBL/D/1K) 2.00 5 5 5 5 5

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 33.00 38 38 38 40 37
Government Budget (% of GDP) -7.50 -1.5 -1.5 -0.5 -0.5 -0.5
Government Budget Value (CLP Million) 6290994.80 -50000 950800 1550400 1550400 1850400
Government Spending (CLP Billion) 6387.75 6538 5998 8726 6509 8857
Government Revenues (CLP Million) 10864985.67 5200800 5800400 5800400 5800400 6100400
Fiscal Expenditure (CLP Million) 4573990.91 4250000 4250000 4250000 4250000 4250000
Military Expenditure (USD Million) 5036.00 5300 5300 5300 5300 5400

Taxes Actual Q3 Q4 Q1 Q2 2023
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 40.00 40 35 35 35 35
Sales Tax Rate (%) 19.00 19 19 19 19 19
Social Security Rate (%) 23.50 23.5 24.6 24.6 24.6 23.5
Social Security Rate For Companies (%) 5.00 5 5 5 5 5
Social Security Rate For Employees (%) 18.50 18.5 17.6 17.6 17.6 18.5

Business Actual Q3 Q4 Q1 Q2 2023
Business Confidence (points) 46.48 53 55 51 53 50
Industrial Production (%) 1.80 0.2 -0.5 1.1 1.5 1.4
Industrial Production Mom (%) 1.20 0.7 0.9 1.5 1.1 1.1
Manufacturing Production (%) 3.50 -1.1 -1.2 1.7 1.5 2
Changes in Inventories (CLP Billion) 2108.94 800 -1000 -1000 -1000 -1200
Total Vehicle Sales (Units) 41467.00 35900 35200 35200 35200 35200
Leading Economic Index (%) 6.40 3.8 1.3 0.8 3.2 2
Mining Production (%) -5.70 -1.5 2.3 2.3 3.1 3.5
Copper Production (Thousands of Tonnes) 480.30 454 506 456 450 509

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Confidence (points) 37.90 38 39 40 41 40
Retail Sales MoM (%) 5.90 -1.5 -1 1.1 2.8 1
Retail Sales YoY (%) -5.60 3.1 2.8 1.5 3.5 3
Consumer Spending (CLP Billion) 33645.29 28017 29766 37063 34285 37619
Consumer Credit (CLP Billion) 26834.00 25600 26500 25891 26970 28200
Private Sector Credit (CLP Billion) 205045.20 195267 196270 201269 202475 204288
Gasoline Prices (USD/Liter) 1.23 1.28 1.33 1.37 1.42 1.43
Households Debt To GDP (% of GDP) 44.70 48.3 48.6 48.6 48.6 48.8
Bank Lending Rate (%) 12.28 12.28 12.78 13.03 12.03 11.78

Housing Actual Q3 Q4 Q1 Q2 2023
Housing Index (points) 226.80 232 235 235 235 245
Building Permits (Units) 9700.00 8500 12600 12600 12600 13500


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 Friday, July 1, 2022.