Chile - Current Account Balance





Chile: Current Account Balance

Mnemonic TAB.ICHL
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 30.91 %
Data 2023 Q4 -3,658
2023 Q3 -5,295

Series Information

Source Central Bank of Chile
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/2003
End Date 12/31/2023

Chile: Trade

Reference Last Previous Units Frequency
Balance of Goods Mar 2024 1,769 1,524 Mil. USD, NSA Monthly
Exports of Goods Mar 2024 7,951 7,554 Mil. USD, NSA Monthly
Imports of Goods Mar 2024 6,181 6,030 Mil. USD, NSA Monthly
Net Exports Mar 2024 1,769 1,524 Mil. USD, NSA Monthly
Current Account Balance 2023 Q4 -3,658 -5,295 Mil. USD, NSA Quarterly
Exports of Goods and Services 2023 Q4 23,320 21,082 Bil. CLP, NSA Quarterly
Imports of Goods and Services 2023 Q4 22,261 21,567 Bil. CLP, NSA Quarterly
Real Exports of Goods and Services 2023 Q4 13,377 12,877 Bil. Ch. 2018 CLP, NSA Quarterly
Real Imports of Goods and Services 2023 Q4 14,198 14,496 Bil. Ch. 2018 CLP, NSA Quarterly
Real Net Exports 2023 Q4 -821.84 -1,618 Bil. Ch. 2013 CLP, NSA Quarterly

Release Information

For Chile, the detailed balance of payments (BOP), headline gross external debt, and headline international investment position (IIP). Reported by the Central Bank of Chile using the BPM6 framework.

Balance of payments

Active:

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 2003Q1

Predecessors:

  • BPM5 - 1996Q1 to 2011Q4 ("_B5")

Gross external debt

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: Uniformly 2013m1

International investment position

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 2013Q1

The Central Bank of Chile presents BOP statistics under IMF Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6). 

Goods involve a change of ownership between a resident and a non-resident. The property account (goods) contains five categories: general goods, goods for processing, repair of goods, goods acquired in port, and non-monetary gold. Exports are classified by cross-industry (ISIC Rev.2) and by products (SA Rev.IV). Imports are classified by type of product and by use.

The services account contains three categories: transportation, travel, and other services. Transportation services are transactions between residents and non-residents that include the transport of passengers, transfer of goods (freight), and rental of manned means of transport. The travel account values expenditure of non-residents during their stay. 

The income account includes direct investment in Chile, direct investment abroad, portfolio investment assets, portfolio investment liabilities, reserve assets, and other passive investments. 

Current transfers are transactions between residents and non-residents in which one party provides financial resources without receiving anything of economic value in exchange. Transfer of ownership of a fixed asset and forgiveness of a liability are not included. 

Moody's Analytics supplements

For the BOP current account balance, we construct a seasonally adjusted counterpart.

  • Sep 2005 - Initial version.
  • Apr 2017 - Framework advanced to BPM6.
  • 21 Nov 2023, Phillip Thorne - Addendum of external debt, IIP: Properties, Moody's Analytics supplements, Further reading.