Current Account Balance: Chile
Chile's current account balance is currently -2.2 % of GDP as of 2026. # Chile Current Account Balance Chile's current account balance stands at -2.
Current (2026)
-2.2 % of GDP
+12.0% y/y
Peak (2006)
5.5 % of GDP
Low (1981)
-13.8 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Chile
1980 — 2026
Current Account Balance — Chile
Analysis# Chile Current Account Balance
Chile's current account balance stands at -2.2% of GDP in 2026, reflecting a modest deficit after two years of improvement. The country's account balance has swung dramatically since 1980, ranging from a peak of 5.5% in 2006 to a low of -13.8% in 1981. Over the past 46 years, Chile has experienced a net 67.6% deterioration in this metric, indicating a structural shift toward persistent current account deficits.
The 2021-2022 period marked a severe contraction, with the deficit reaching -8.8% of GDP before sharply reversing course. Since that nadir, Chile has recovered substantially, posting deficits of just -3.1% in 2023 and -1.5% in 2024. The projected stabilization around -2.2% through 2026 suggests Chile's external imbalance may be approaching equilibrium, though deficits remain structural relative to the surpluses of the early 2000s.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -2.9 % of GDP | -7.41% |
| 2029 | -2.7 % of GDP | -8.00% |
| 2028 | -2.5 % of GDP | -13.64% |
| 2027 | -2.2 % of GDP | +0.00% |
| 2026 | -2.2 % of GDP | +12.00% |
| 2025 | -2.5 % of GDP | -66.67% |
| 2024 | -1.5 % of GDP | +51.61% |
| 2023 | -3.1 % of GDP | +64.77% |
| 2022 | -8.8 % of GDP | -20.55% |
| 2021 | -7.3 % of GDP | -284.21% |
| 2020 | -1.9 % of GDP | +63.46% |
| 2019 | -5.2 % of GDP | -15.56% |
| 2018 | -4.5 % of GDP | -60.71% |
| 2017 | -2.8 % of GDP | -7.69% |
| 2016 | -2.6 % of GDP | +3.70% |
| 2015 | -2.7 % of GDP | +22.86% |
| 2014 | -3.5 % of GDP | +27.08% |
| 2013 | -4.8 % of GDP | +9.43% |
| 2012 | -5.3 % of GDP | -8.16% |
| 2011 | -4.9 % of GDP | -644.44% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 0.9 % of GDP | -35.71% |
| 2009 | 1.4 % of GDP | +133.33% |
| 2008 | -4.2 % of GDP | -182.35% |
| 2007 | 5.1 % of GDP | -7.27% |
| 2006 | 5.5 % of GDP | +189.47% |
| 2005 | 1.9 % of GDP | -42.42% |
| 2004 | 3.3 % of GDP | +1550.00% |
| 2003 | 0.2 % of GDP | +128.57% |
| 2002 | -0.7 % of GDP | +50.00% |
| 2001 | -1.4 % of GDP | -40.00% |
| 2000 | -1 % of GDP | -433.33% |
| 1999 | 0.3 % of GDP | +106.38% |
| 1998 | -4.7 % of GDP | -14.63% |
| 1997 | -4.1 % of GDP | -7.89% |
| 1996 | -3.8 % of GDP | -111.11% |
| 1995 | -1.8 % of GDP | +35.71% |
| 1994 | -2.8 % of GDP | +45.10% |
| 1993 | -5.1 % of GDP | -142.86% |
| 1992 | -2.1 % of GDP | -600.00% |
| 1991 | -0.3 % of GDP | +80.00% |
| 1990 | -1.5 % of GDP | +34.78% |
| 1989 | -2.3 % of GDP | -155.56% |
| 1988 | -0.9 % of GDP | +72.73% |
| 1987 | -3.3 % of GDP | +48.44% |
| 1986 | -6.4 % of GDP | +20.99% |
| 1985 | -8.1 % of GDP | +22.12% |
| 1984 | -10.4 % of GDP | -92.59% |
| 1983 | -5.4 % of GDP | +40.00% |
| 1982 | -9 % of GDP | +34.78% |
| 1981 | -13.8 % of GDP | -102.94% |
| 1980 | -6.8 % of GDP | — |
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