Chile
General Information
| Total Population | 17,200,000 (est.) |
| Area | 748,800 km2 |
| Local Currency | Chilean Peso (CLP) |
| Literacy | 96.2% |
| Economically active population | 7,464,800 |
| as % of total population | 43.4% |
| Unemployment rate | 8.2% (national - CEPAL statistic 2010) |
| Gross Domestic Product (GDP) | 248,600 US$ millions |
| as % of Regional GDP | 4.5% (Latin America GDP 2011 = US$ 5,567,705 millions) |
| GDP per Head | 14,453 US$ |
| Ranking in Latin America | 2 |
Important dates
- January 1 - New Year
- March 25 - Good Friday
- May 1st - International Labour Day
- May 21 - Battle of Iquique
- May 23 - Corpus Christi
- June 27 - Saint Peter and Paul
- August 15 - Assumption Day
- September 18 - Independence Day
- September 19 - Army Day
- October 10 - Columbus Day
- November 1st - All Saint's Day
- November 8 - Mother's Day
- December 25 - Christmas Day
Economic Statistics
| (years 2008 - proj. 2012) |
| Chile has a Gross Domestic Product of US$248,600MM. This is distributed by sectors in the following way: agriculture with 5.4%, having as main products grapes, apples, pears, onions; industry with 40.8%, having as main products copper, other minerals, foodstuffs, fish processing; and the services sector with 53.8%. |
National Accounts
| National Accounts | 2008 | 2009 | 2010 | est. 2011 | proj. 2012 |
|---|---|---|---|---|---|
|
|
|||||
|
▲% GDP
|
3.3% | -1.0% | 6.1% | 6.0% | 4.5% |
|
Nominal GDP (US$ millions)
|
179,600 | 172,600 | 216,300 | 248,600 | 270,100 |
|
GDP per Head (US$)
|
10,690 | 10,213 | 12,649 | 14,453 | 15,523 |
|
GDP by Sector
|
100.0% | ||||
|
Agriculture
|
5.4% | ||||
|
Industry
|
40.8% | ||||
|
Services
|
53.8% | ||||
|
Inflation rate
|
7.1% | -1.5% | 3.0% | 4.4% | 3.4% |
|
Budget Balance
|
5.0% | -4.2% | -0.3% | 1.5% | 1.8% |
GDP Growth |
Trade Statistics
| Regarding foreign trade, China represents its main commercial partner buying 22.0% of Chilean exports, whereas the main export products are constituted by copper products. |
| Foreign Trade (2011) | |||||||
|---|---|---|---|---|---|---|---|
|
Exports
|
Imports
|
||||||
|
By countries
|
By countries
|
||||||
|
China
|
22.0% |
China
|
18.6% | ||||
|
US
|
11.1% |
US
|
15.9% | ||||
|
Japan
|
10.8% |
Brazil
|
7.9% | ||||
|
Brazil
|
5.4% |
Argentina
|
5.9% | ||||
|
|
|
||||||
|
By products
|
By products
|
||||||
|
Copper
|
52.4% |
Intermediate goods
|
52.6% | ||||
|
Fresh fruit
|
5.1% |
Consumer goods
|
21.4% | ||||
|
Cellulose
|
4.5% |
Capital goods
|
15.9% | ||||
|
Salmon & trout
|
3.5% |
Other goods
|
9.1% | ||||
| Balance of Payments (US$ mill.) | 2008 | 2009 | 2010 | est. 2011 | proj. 2012 |
|---|---|---|---|---|---|
|
|
|||||
|
Exchange rate: CLP / US$
(end of period) |
629.00 | 506.00 | 468.00 | 521.00 | 484.00 |
|
|
|||||
|
Exports of goods
|
66,259 | 54,005 | 71,028 | 81,711 | 84,369 |
|
Imports of goods
|
57,730 | 39,888 | 55,174 | 70,920 | 74,739 |
|
Trade & Services Balance
|
7,571 | 12,620 | 14,835 | 8,361 | 7,676 |
|
% GDP
|
4.2% | 7.3% | 6.9% | 3.4% | 2.8% |
|
Income Balance
|
-13,802 | -11,666 | -15,424 | -14,012 | -17,630 |
|
% GDP
|
-7.7% | -6.8% | -7.1% | -5.6% | -6.5% |
|
Current Transfers Balance
|
2,924 | 1,616 | 4,390 | 2,420 | 2,629 |
|
% GDP
|
1.6% | 0.9% | 2.0% | 1.0% | 1.0% |
|
Current Account Balance
|
-3,307 | 2,570 | 3,801 | -3,231 | -7,325 |
|
% GDP
|
-1.8% | 1.5% | 1.8% | -1.3% | -2.7% |
|
Net Direct Investments flows
|
7,194 | 4,813 | 6,351 | 8,500 | 8,500 |
|
% GDP
|
4.0% | 2.8% | 2.9% | 3.4% | 3.1% |
|
Net portfolio Investments flows
|
-7,409 | -13,526 | -11,938 | 554 | -6,338 |
|
% GDP
|
-4.1% | -7.8% | -5.5% | 0.2% | -2.3% |
Current Account Balance (% GDP) |
Foreign Debt Stock (% GDP) |
| 2008 | 2009 | 2010 | est. 2011 | proj. 2012 | |
|---|---|---|---|---|---|
|
Foreign Debt Stock
|
65,419 | 73,145 | 86,349 | 99,397 | 104,756 |
|
% GDP
|
36.4% | 42.4% | 39.9% | 40.0% | 38.8% |
|
|
|||||
|
Foreign Debt Service
|
16,215 | 17,417 | 13,393 | 22,990 | 19,226 |
|
Principal repayments
|
14,278 | 15,574 | 11,005 | 20,674 | 16,766 |
|
Interest payments
|
1,937 | 1,843 | 2,388 | 2,316 | 2,460 |
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