From: www.tradingeconomics.com
CHILE GDP
The Gross Domestic Product (GDP) in Chile was worth 268 billion US dollars in
2012. The GDP value of Chile represents 0.43 percent of the world economy. GDP in
Chile is reported by the The World Bank Group. Chile GDP averaged 55.88 USD
Billion from 1960 until 2012, reaching an all time high of 268.00 USD Billion in
December of 2012 and a record low of 4.20 USD Billion in December of 1960. The
gross domestic product (GDP) measures of national income and output for a given
country's economy. The gross domestic product (GDP) is equal to the total
expenditures for all final goods and services produced within the country in a
stipulated period of time.
The Gross Domestic Product (GDP) in Chile expanded 0.50 percent in the second quarter of
2013 over the previous quarter. GDP Growth Rate in Chile is reported by the Banco Central de
Chile. Chile GDP Growth Rate averaged 0.99 Percent from 1997 until 2013, reaching an all time
high of 4.50 Percent in June of 2010 and a record low of -2.70 Percent in December of 1998. Chile
is one of Latin Americas fastest growing economies and has one of the highest GDP per capita in
the region. From 1997 to 2012, Chile has been expanding at an average growth rate of 1 percent,
on a quarter over quarter basis, mostly due to rise in exports. Chile is the worlds largest producer
and exporter of copper. More recently, Chile has been diversifying its industrial base and it has
become a success case in the production of salmon and wine.
Labour
CHILE UNEMPLOYMENT RATE
Unemployment Rate in Chile decreased to 5.75 percent in July of 2013 from 6.17 percent in
June of 2013. Unemployment Rate in Chile is reported by the Instituto Nacional de Estadsticas,
Chile. Chile Unemployment Rate averaged 8.33 Percent from 1986 until 2013, reaching an all time
high of 13.50 Percent in February of 1986 and a record low of 5.10 Percent in February of 1998. In
Chile, the unemployment rate measures the number of people actively looking for a job as a
percentage of the labour force.
Prices
CHILE CONSUMER PRICE INDEX (CPI)
Consumer Price Index (CPI) in Chile increased to 110.06 Index Points in August of 2013 from
109.79 Index Points in July of 2013. Consumer Price Index (CPI) in Chile is reported by the
National Institute of Statistics, Chile. Chile Consumer Price Index (CPI) averaged 30.28 Index
Points from 1950 until 2013, reaching an all time high of 110.06 Index Points in August of 2013
and a record low of 0 Index Points in January of 1950. In Chile, the Consumer Price Index or CPI
measures changes in the prices paid by consumers for a basket of goods and services.
Money
CHILE MONEY SUPPLY M1
Money Supply M1 in Chile decreased to 20489.83 CLP Billion in August of 2013 from
20957.38 CLP Billion in July of 2013. Money Supply M1 in Chile is reported by the Central Bank
Of Chile. Chile Money Supply M1 averaged 4843.18 CLP Billion from 1982 until 2013, reaching
an all time high of 20957.38 CLP Billion in July of 2013 and a record low of 81.57 CLP Billion in
November of 1982.
in July of 2009. In Chile, interest rate decisions are taken by The Central Bank of Chile (Banko
Central de Chile). The official interest rate is monetary policy interest rate (PDBC Pagars
Descontables del Banco Central) which is overnight interbank interest rate.
Trade
CHILE BALANCE OF TRADE
Chile recorded a trade deficit of 524.73 USD Million in August of 2013. Balance of Trade in
Chile is reported by the Banco Central de Chile. Chile Balance of Trade averaged 484.31 USD
Million from 1991 until 2013, reaching an all time high of 2968.21 USD Million in April of 2007
and a record low of -1374.47 USD Million in October of 2008. Chile has been recording trade
surpluses since 1999, mostly due to a rise in shipments of copper. Other exports include: services,
processed food and chemicals. Main imports are: crude and refined oil, coal, gas and lubricants (19
percent of total imports), machinery and parts (9 percent) and cars, computers, mobile phones and
house equipment (8 percent). Main trading partners are: China (24 percent of total exports and 18
percent of imports), United States (12 percent of exports and 23 percent of imports) and Brazil (5
percent of exports and 7 percent of imports). Others include: Italy, Mexico, Netherlands, Colombia
and Spain.
Stock market
CHILE STOCK MARKET (IGPA)
Stocks in Chile had a negative performance during the last month. Chile Stock Market (IGPA),
declined 14 points or 0.08 percent during the last 30 days. From 1990 until 2013, Chile Stock
Market (IGPA) averaged 8733 Index points reaching an all time high of 23466 Index points in
January of 2011 and a record low of 764 Index points in January of 1990. The Santiago Stock
Exchange General Index IGPA tracks the performance of the majority of stocks traded on the
Santiago Stock Exchange. It is a capitalization-weighted index. The index has a base value of 100
as of December 30, 1980.