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
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% |
Chile compared with similar countries
- Chile's 4.1% is above the median for high income countries, which is 2.2%, 1.8× the median. (72 countries reporting)
- Chile's 4.1% is above the median for Latin America & Caribbean, which is -2.1%. (29 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services as a percent of GDP in Chile changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | -1171.8% | 0.2% | -2.4% |
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)
- SDRs holdings, US dollar, annual growth rate 1.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0096 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 173.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.007 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 126.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units 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.