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Country Forecast Chile September 2022 Updater

Country Forecast. Chile, 2022

2022 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 September 2022 Updater
Subjects: Boric, Gabriel ; Central banks ; Collective bargaining ; Constitutional law ; Constitutions ; Consumption ; Copper ; Economic growth ; Exports ; Foreign exchange rates ; Foreign investment ; GDP ; Gross Domestic Product ; Income taxes ; Inflation ; International trade ; Monetary policy ; Personal income ; Presidential elections ; Prices ; Purchasing power parity ; R&D ; Referendums ; Reforms ; Research & development ; Research & development expenditures ; Tax rates ; Tax reform ; Taxation ; Trade agreements
Is Part Of: Country Forecast. Chile, 2022
Description: Key indicators Key indicators 2021 2022 2023 2024 2025 2026 Real GDP growth (%) 11.9 2.0 -0.8 2.2 2.4 2.4 Consumer price inflation (av; %) 4.5 11.5 6.8 3.8 3.1 3.0 Central government balance (% of GDP) -7.7 -1.7 -2.9 -2.5 -2.4 -2.0 Current-account balance (% of GDP) -6.4 -7.1 -5.0 -3.7 -3.3 -3.0 Short-term lending rate (av; %) 5.1 10.0 9.4 7.4 5.8 5.0 Exchange rate Ps:US$ (av) 759.1 858.6 867.9 839.0 818.4 798.3 Country forecast overview: The country's strengths, such as a strong commitment to the rule of law, an open foreign investment regime, and deep and sophisticated capital markets are offset by high levels of policy uncertainty-stemming from the Boric administration's statist reform agenda and the constitutional reform process-as well as by anaemic economic growth. Domestic long-term interest rates are high, and bank lending practices are conservative. Fact sheet Annual data 2021a Historical averages (%) 2017-21 Population (m) 19.5 Population growth 1.5 GDP (US$ bn; market exchange rate) 316.7b Real GDP growth 2.4 GDP (US$ bn; purchasing power parity) 558.5b Real domestic demand growth 3.5 GDP per head (US$; market exchange rate) 16,245 Inflation 2.9 GDP per head (US$; purchasing power parity) 28,654 Current-account balance (% of GDP) -4.1 Exchange rate (av) Ps:US$ 759.1b FDI inflows (% of GDP) 3.5 a EIU 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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Country Forecast Chile September 2022 Updater

2022 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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