General Information

Copper represents 50.0% of the country's exports, followed by salmon at 4.8%, cellulose and paper at 4.7%, and fruit at 6.4%. Chile is also now the world's sixth largest wine producer.
(Sources: Central Bank, OIV)

Gross Domestic Product (GDP) % of regional GDP GDP per head

USD 298,200

millions

5.7%

 

USD 16,385

 

Economic Statistics (years 2015 - forecast 2020)

National Accounts 2015 2016 2017 2018 f.2019 f.2020
             
GDP growth (%) 2.3% 1.6% 1.5% 4.0% 3.2% 3.0%
Nominal GDP (USD millions) 243,900 250,300 277,700 298,200 310,700 329,600
GDP per Head (USD) 13,702 13,983 15,343 16,385 16,978 17,816
Inflation (%) 4.4% 2.7% 2.3% 2.1% 2.8% 2.2%
Fiscal Balance (% GDP) -2.1% -2.7% -2.7% -1.7% -1.4% -1.4%
General Govt. gross debt (% GDP) 17.3% 21.0% 24.4% 26.1% 26.3% 26.8%
   

Trade Statistics

Foreign Trade - Composition        
           
Exports     Imports    
           
By countries     By countries  
China 27.1%   China   23.6%
US 14.3%   US   17.9%
Japan 9.1%   Brazil   8.5%
South Korea 6.1%   Argentina   4.4%
           
By products     By products  
Fuels and mining prod. 58.7%   Manufactures 69.4%
Agricultural products 27.1%   Fuels and mining prod. 22.2%
Manufactures 13.3%   Agricultural products 8.5%
   
Balance of Payments (USD millions) 2015 2016 2017 2018 f.2019 f.2020
             
Exports of Goods 62,034 60,719 68,859 75,452 77,589 81,525
Exports growth (%) -17.4% -2.1% 13.4% 9.6% 2.8% 5.1%
Imports of Goods 58,609 55,855 61,500 70,784 73,349 75,617
Imports growth (%) -14.6% -4.7% 10.1% 15.1% 3.6% 3.1%
Foreign Trade (% GDP) 49% 47% 47% 49% 49% 48%
             
Current Account Balance -5,648 -3,960 -5,964 -9,158 -7,860 -5,633
% GDP -2.3% -1.6% -2.1% -3.1% -2.5% -1.7%
Foreign Direct Investment 21,056 12,136 5,852 6,082 7,299 7,153
% GDP 8.6% 4.8% 2.1% 2.0% 2.3% 2.2%
   

 

Disclaimer

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