Nominal GDP for Chile was $329.4bn in 2024, down from $335.9bn in 2023. The Chilean population was estimated at 19.8m in 2024 according to the IMF, while China is Chile’s biggest trading partner.
Variables Surveyed for Chile
Variables covered in our monthly analysis of Chile include:
- Gross Domestic Product
- Private Consumption
- Gross Fixed Investment
- Industrial Production
- Consumer Prices
- Nominal Hourly Wages
- General Government Budget Balance
- Merchandise Exports
- Merchandise Imports
- Trade Balance
- Current Account Balance
- Interest Rates
- Foreign Currency Reserves
- Peso Currency Forecasts
- Country Risk Indicators
- Monthly Inflation Forecasts
- Monetary Policy Evaluation
Consensus Forecasts for Chile
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. in the PDF publication, we also show selected “comparison forecasters” including the IMF, the ECLAC, Banco Central de Chile and OECD. The example below is an illustrative historical survey snapshot from September 2022, showing how individual forecasts and the consensus are presented.
Source: Latin American Consensus Forecasts, September 2022
Recent Chile Research
Special Surveys
In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Chile on topics such as:- Quarterly Forecasts
- Long-Term 5 and 10 Year Forecasts
- Economic Policy Evaluation, and
- Sectoral Growth and Foreign Direct Investment
Main Data Sources for Chile
- National Statistics Institute: The National Statistics Institute of Chile is a state-run organization of the Government of Chile, created in the second half of the 19th century and tasked with performing a general census of population and housing, then collecting, producing and publishing official demographic statistics of people in Chile, in addition to other specific tasks entrusted to it by law.
- Banco Central de Chile: Banco Central de Chile is the central bank of Chile. It was established in 1925 and is incorporated into the current Chilean Constitution as an autonomous institution of constitutional rank. Its monetary policy is currently guided by an inflation targeting regime.
Comprehensive Forecasts Coverage
Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.Explore forecasts across Latin America
Alongside this country forecast, explore the other economies covered by our Latin America forecast publication.