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Country Forecast Chile April 2021 Updater

Country Forecast. Chile, 2021

2021 The Economist Intelligence Unit Ltd. All rights reserved. Reproduced with permission of the copyright owner. No further reproduction is permitted. ;ISSN: 0966-9310 ;EISSN: 2048-9242

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  • Title:
    Country Forecast Chile April 2021 Updater
  • Subjects: Coronaviruses ; COVID-19 ; Economic forecasts ; GDP ; Gross Domestic Product ; International trade ; Tax rates ; Tax reform
  • Is Part Of: Country Forecast. Chile, 2021
  • Description: After being battered by the coronavirus (Covid-19) pandemic, economic recovery began in the third quarter of 2020 and will gain steam in 2021, resulting in full-year real GDP growth of 6% this year, following a 6% contraction in 2020. Key indicators Key indicators 2020 2021 2022 2023 2024 2025 Real GDP growth (%) -6.0 6.0 2.8 2.5 2.8 3.1 Consumer price inflation (av; %) 3.0 3.5 3.2 3.1 2.7 2.9 Central government balance (% of GDP) -7.3 -6.9 -6.1 -5.0 -4.0 -2.7 Current-account balance (% of GDP) 1.3 -0.2 -1.7 -2.7 -3.2 -3.5 Short-term lending rate (av; %) 3.8 4.4 4.8 5.5 5.5 5.5 Exchange rate Ps:US$ (av) 792.2 731.3 723.7 716.8 716.6 711.0 Country forecast overview: Narrow import-tariff dispersion (0-6%) and free capital flows owing to multiple free-trade agreements. 2023-25: Fact sheet Annual data 2020a Historical averages (%) 2016-20 Population (m) 19.1 Population growth 1.2 GDP (US$ bn; market exchange rate) 252.9b Real GDP growth 0.3 GDP (US$ bn; purchasing power parity) 481.9 Real domestic demand growth 0.2 GDP per head (US$; market exchange rate) 13,228 Inflation 2.7 GDP per head (US$; purchasing power parity) 25,209 Current-account balance (% of GDP) -2.1 Exchange rate (av) Ps:US$ 792.2b FDI inflows (% of GDP) 3.4 a Economist Intelligence Unit estimates. b Actual.
  • Publisher: New York: The Economist Intelligence Unit N.A., Incorporated
  • Language: English
  • Identifier: ISSN: 0966-9310
    EISSN: 2048-9242
  • Source: ProQuest Central
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