Chile Current Account to GDP

Chile recorded a Current Account deficit of 3.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Chile averaged -2.72 Percent from 1980 until 2013, reaching an all time high of 4.60 Percent in 2006 and a record low of -14 Percent in 1981. Current Account to GDP in Chile is reported by the Central Bank of Chile.

   
 
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Chile Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -3.40 4.60 -14.00 1980 - 2013 Percent Yearly
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. This page provides - Chile Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade 624.80 1452.94 2968.21 -1374.47 USD Million [+]
Exports 6363.56 6960.82 7760.60 644.40 USD Million [+]
Imports 5738.77 5507.88 7897.20 492.60 USD Million [+]
Current Account -794.63 -2429.98 3124.60 -5071.28 USD Million [+]
Current Account to GDP -3.40 -3.40 4.60 -14.00 Percent [+]
External Debt 5776.93 5735.83 6287.20 2408.00 USD Million [+]
Remittances 902.00 936.00 936.00 756.00 USD Million [+]
Gold Reserves 0.25 0.25 35.96 0.21 Tonnes [+]





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