8.4

Chile

Selected Economic and Social Data

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

Population ('000)

12,454

12,667

12,883

13,100

13,320

13,545

13,771

13,994

14,210

14,419

14,622

Growth Rate (%)

1.7

1.7

1.7

1.7

1.7

1.7

1.7

1.6

1.5

1.5

1.4

National Accounts

GDP, current prices (billion pesos)

4,541

5,918

7,529

9,270

12,017

15,500

18,454

21,918

26,702

29,644

32,935

GDP, 1986 prices (billion pesos)

3,645

3,911

4,324

4,484

4,841

5,436

5,816

6,148

6,801

7,302

7,818

Real GDP Growth Rate (%)

6.6

7.3

10.6

3.7

8.0

12.3

7.0

5.7

10.6

7.4

7.1

Real Per Cap. GDP ('000 1986 pesos)

292.7

308.8

335.6

342.3

363.4

401.3

422.3

439.3

478.6

506.4

534.7

Real Per Cap. GDP Growth Rate (%)

4.8

5.5

8.7

2.0

6.2

10.4

5.2

4.0

8.9

5.8

5.6

Gross Domestic Investment/GDP (%)

22.2

22.8

25.5

26.3

24.5

26.8

28.8

26.8

27.4

27.7

26.1

Prices

GDP Deflator (1986=100)

124.6

151.3

174.1

206.7

248.2

285.1

317.3

356.5

392.6

406.0

421.3

Annual Change (%)

24.6

21.5

15.1

18.7

20.1

14.9

11.3

12.4

10.1

3.4

3.8

Consumer Prices (1990=100)

59.1

68.0

79.0

100.0

122.0

141.0

158.0

177.0

191.0

205.0

218.0

Annual Change (%)

19.9

15.1

16.2

26.6

22.0

15.6

12.1

12.0

7.9

7.3

6.3

Balance of Payments (US$m)

Current Account Balance

(735)

(231)

(689)

(487)

(99)

(956)

(2,547)

(1,587)

(1,403)

(3,742)

(4,062)

Exports, fob

5,303

7,054

8,079

8,372

8,942

10,007

9,198

11,604

16,025

15,405

16,923

Imports, fob

3,994

4,844

6,595

7,089

7,458

9,285

10,188

10,872

14,657

16,499

18,219

Trade Balance

1,309

2,210

1,484

1,283

1,484

722

(990)

732

1,368

(1,094)

(1,296)

Factor Payments, net

(1,728)

(1,932)

(1,940)

(1,737)

(1,926)

(1,881)

(1,655)

(2,499)

(2,730)

(2,794)

(2,979)

Other Services, net

(454)

(690)

(460)

(230)

31

(177)

(223)

(150)

(351)

(354)

(314)

Transfers, net

138

181

227

197

312

380

321

330

310

500

527

Capital Account Balance

944

1,108

1,268

2,658

753

2,928

2,737

5,064

2,091

5,383

7,405

Direct Investment, net

885

952

1,277

653

696

540

600

1,673

2,220

3,561

3,468

Portfolio Investment, net

(8)

(8)

83

361

187

457

730

908

35

1,098

2,370

Other Investment, net

67

164

(92)

1,644

(130)

1,931

1,407

2,483

(164)

724

1,567

Errors and Omissions

2,955

(3,192)

4,504

1,228

(2,278)

(852)

(3,128)

(3,323)

(4,248)

397

3,500

Overall Balance

3,164

(2,315)

5,083

3,399

(1,624)

1,120

(2,938)

154

(3,560)

2,038

6,843

External Public Debt

Debt Outstanding,12/31 (US$m)

15,542

13,696

10,866

10,426

10,070

9,578

8,867

8,995

7,184

4,890

..

Debt Outstanding/GDP (%) [a]

75.1

56.7

38.5

34.3

29.3

22.4

19.4

17.2

10.7

6.8

..

Debt Service/Exports (%)

21.5

15.5

17.1

15.8

14.3

11.6

13.1

8.4

15.2

18.7

..

Consolidated Nonfinancial Public Sector (% of GDP)

Current Revenue

..

..

..

..

..

25.0

24.4

23.6

24.2

24.1

..

Current Expenditures

..

..

..

..

..

18.2

18.3

17.7

16.8

17.2

..

Current Surplus/Deficit

..

..

..

..

..

6.8

6.1

5.9

7.4

6.9

..

Capital Revenue

..

..

..

..

..

0.3

0.2

0.9

0.2

0.3

..

Capital Expenditures

..

..

..

..

..

4.3

4.5

4.5

4.1

5.2

..

Statistical Discrepancy

..

..

..

..

..

0.0

0.0

0.1

0.0

0.0

..

Overall Surplus/Deficit

..

..

..

..

..

2.8

1.8

2.2

3.5

2.0

..