Chile Current Account to GDP


Chile recorded a Current Account deficit of 1.40 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in Chile averaged -2.62 percent from 1980 until 2016, reaching an all time high of 4.60 percent in 2006 and a record low of -14 percent in 1981.


Chile Current Account to GDP

Please Paste this Code in your Website


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. Chile Current Account to GDP – actual data, historical chart and calendar of releases – was last updated on March of 2017.