Chile recorded a Current Account deficit of 1.50 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Chile averaged -3.09 percent of GDP from 1980 until 2024, reaching an all time high of 4.50 percent of GDP in 2006 and a record low of -14.00 percent of GDP in 1981. source: Central Bank of Chile

Current Account to GDP in Chile is expected to reach -2.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Current Account to GDP is projected to trend around -1.90 percent of GDP in 2026 and -2.40 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Current Account to GDP -1.50 -3.20 percent of GDP Dec 2024
External Debt 259996.31 256697.32 USD Million Jun 2025
Foreign Direct Investment -2901.81 -1594.87 USD Million Jun 2025
Terms of Trade 126.66 120.53 points Jun 2025



Chile Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-1.50 -3.20 4.50 -14.00 1980 - 2024 percent of GDP Yearly