Current account balance as a proportion of gdp in Chile
Chile: Current account balance as a proportion of gdp was -3.55 in 2023. ◆ Volatile
Latest (2023)
-3.55
Change on year
up 59.0%
World rank
128th
of 191 countries
All-time high
5.5
in 2006
All-time low
-8.66
in 2022
Years of data
24
2000–2023
Current account balance as a proportion of gdp in Chile, 2000–2023
Source: Our World in Data.
Analysis
In 2023, current account balance as a proportion of gdp in Chile stood at -3.55.
The figure is up 59.0% on the previous year and up 25.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Chile peaked at 5.5 in 2006 and was at its lowest, -8.66, in 2022.
Chile ranks 128th of 191 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of gdp in Chile, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.15 | — |
| 2001 | -1.54 | +33.9% |
| 2002 | -0.83 | -46.1% |
| 2003 | 0.21 | -125.3% |
| 2004 | 3.26 | +1452.4% |
| 2005 | 1.91 | -41.4% |
| 2006 | 5.5 | +188.0% |
| 2007 | 5.06 | -8.0% |
| 2008 | -4.19 | -182.8% |
| 2009 | 1.44 | -134.4% |
| 2010 | 0.9 | -37.5% |
| 2011 | -4.92 | -646.7% |
| 2012 | -5.33 | +8.3% |
| 2013 | -4.78 | -10.3% |
| 2014 | -3.46 | -27.6% |
| 2015 | -2.74 | -20.8% |
| 2016 | -2.62 | -4.4% |
| 2017 | -2.76 | +5.3% |
| 2018 | -4.48 | +62.3% |
| 2019 | -5.21 | +16.3% |
| 2020 | -1.95 | -62.6% |
| 2021 | -7.28 | +273.3% |
| 2022 | -8.66 | +19.0% |
| 2023 | -3.55 | -59.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.967 | -4.19 | 5.5 | 10 |
| 2010s | -3.54 | -5.33 | 0.9 | 10 |
| 2020s | -5.36 | -8.66 | -1.95 | 4 |
Countries ranked near Chile
- 125 Cameroon -3.39 compare
- 126 Kazakhstan -3.43 compare
- 127 Haiti -3.44 compare
- 129 Dominican Republic -3.6 compare
- 130 Türkiye -3.62 compare
- 131 Tanzania, United Republic of -3.74 compare
More economy & growth data for Chile
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.32 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 2.46 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8283 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 14,905 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.46 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 603.42 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 10.86 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 14.95 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.282 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Chile?
- Current account balance as a proportion of gdp in Chile was -3.55 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Chile?
- The highest recorded value was 5.5 in 2006.
- What is the lowest current account balance as a proportion of gdp recorded in Chile?
- The lowest recorded value was -8.66 in 2022.
- How does Chile rank for current account balance as a proportion of gdp?
- Chile ranks 128th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Chile?
- Over the last ten years it is up 25.7%. The long-run trend across the full record is volatile.
- Where does this Chile data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).