External balance on goods and services as a percent of GDP in Chile
Chile: External balance on goods and services as a percent of GDP was 4.1% in 2025. ◆ Volatile
Latest (2025)
4.1%
Change on year
up 18.1%
World rank
48th
of 191 countries
All-time high
14.0%
in 2006
All-time low
-10.5%
in 1981
Years of data
66
1960–2025
External balance on goods and services as a percent of GDP in Chile, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Chile is 4.1%, measured in 2025.
The figure is up 18.1% on the previous year and up 528.4% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Chile peaked at 14.0% in 2006 and was at its lowest, -10.5%, in 1981.
Chile ranks 48th of 191 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Chile, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -2.7% | — |
| 1961 | -4.0% | +48.3% |
| 1962 | -1.4% | -64.9% |
| 1963 | -2.4% | +71.5% |
| 1964 | -1.0% | -60.3% |
| 1965 | 0.6% | -164.1% |
| 1966 | 0.9% | +49.9% |
| 1967 | 1.1% | +22.1% |
| 1968 | 0.6% | -47.4% |
| 1969 | 2.0% | +236.2% |
| 1970 | 0.4% | -80.8% |
| 1971 | -1.2% | -412.1% |
| 1972 | -3.5% | +196.8% |
| 1973 | -2.0% | -42.4% |
| 1974 | 0.2% | -111.0% |
| 1975 | -2.4% | -1171.8% |
| 1976 | 3.6% | -248.9% |
| 1977 | -2.2% | -162.9% |
| 1978 | -3.7% | +67.0% |
| 1979 | -3.4% | -10.6% |
| 1980 | -4.7% | +39.9% |
| 1981 | -10.5% | +123.3% |
| 1982 | -2.6% | -75.0% |
| 1983 | 2.0% | -176.5% |
| 1984 | -1.6% | -181.8% |
| 1985 | 1.9% | -215.9% |
| 1986 | 2.5% | +34.3% |
| 1987 | 2.5% | -3.6% |
| 1988 | 6.5% | +163.0% |
| 1989 | 4.4% | -31.8% |
| 1990 | 3.2% | -27.0% |
| 1991 | 4.5% | +38.8% |
| 1992 | 1.6% | -63.1% |
| 1993 | -1.8% | -210.6% |
| 1994 | 1.7% | -193.1% |
| 1995 | 2.3% | +33.9% |
| 1996 | -2.0% | -188.8% |
| 1997 | -2.3% | +16.0% |
| 1998 | -3.5% | +51.5% |
| 1999 | 1.9% | -154.2% |
| 2000 | 1.5% | -20.1% |
| 2001 | 1.5% | +0.9% |
| 2002 | 2.0% | +31.0% |
| 2003 | 4.4% | +118.1% |
| 2004 | 9.5% | +114.1% |
| 2005 | 8.3% | -12.6% |
| 2006 | 14.0% | +69.1% |
| 2007 | 13.3% | -5.3% |
| 2008 | 1.6% | -87.6% |
| 2009 | 7.5% | +357.7% |
| 2010 | 6.1% | -19.3% |
| 2011 | 2.9% | -52.4% |
| 2012 | -0.5% | -116.0% |
| 2013 | -1.0% | +108.3% |
| 2014 | 0.4% | -138.5% |
| 2015 | -1.0% | -359.1% |
| 2016 | -0.2% | -78.1% |
| 2017 | 0.6% | -400.9% |
| 2018 | -1.1% | -275.8% |
| 2019 | -1.9% | +66.4% |
| 2020 | 4.5% | -340.4% |
| 2021 | -0.9% | -119.9% |
| 2022 | -4.0% | +347.7% |
| 2023 | 0.9% | -121.9% |
| 2024 | 3.5% | +301.4% |
| 2025 | 4.1% | +18.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0.6% | -4.0% | 2.0% | 10 |
| 1970s | -1.4% | -3.7% | 3.6% | 10 |
| 1980s | 0.0% | -10.5% | 6.5% | 10 |
| 1990s | 0.5% | -3.5% | 4.5% | 10 |
| 2000s | 6.4% | 1.5% | 14.0% | 10 |
| 2010s | 0.4% | -1.9% | 6.1% | 10 |
| 2020s | 1.4% | -4.0% | 4.5% | 6 |
Countries ranked near Chile
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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.54 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 539.83 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 9.71 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.68 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.527 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 9,482 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 6.21 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.718 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Chile?
- External balance on goods and services as a percent of gdp in Chile was 4.1% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Chile?
- The highest recorded value was 14.0% in 2006.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Chile?
- The lowest recorded value was -10.5% in 1981.
- How does Chile rank for external balance on goods and services as a percent of gdp?
- Chile ranks 48th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Chile?
- Over the last ten years it is up 528.4%. The long-run trend across the full record is volatile.
- Where does this Chile data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.