Chile Economy & Chile Markets Data analytics
MacroVar monitors real-time economic, financial and geopolitical developments for the Chile economy and Chile markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.
Chile Overview
Chile Overview presents the current trends and dynamics of the major Chile financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.
| Price | 1D% | M | T | B | Details | |||||||||
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| IPSA Select (IPSA) | 6467.17 | -0.05 | -0.01 | 10.83 |  |
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| Chile 2-year bond yield | 4.75 | 0.21 | 0.01 | -40.03 | |
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| Chile 10-year bond yield | 6.16 | -0.16 | 0.03 | 17.56 | |
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| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IPSA Select (IPSA) | 6467.17 | -0.05 | -0.01 | 10.83 | |
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| Chile Capped ETF | 25.52 | 0.67 | -0 | -5.02 | |
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| Chile 2-year bond yield | 4.75 | 0.21 | 0.01 | -40.03 | |
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| Chile 10-year bond yield | 6.16 | -0.16 | 0.03 | 17.56 | |
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| Chile Yield Curve | 0 | 0 | 0 | 0 | |
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| Chilean Peso US Dollar (CLP/USD) | 910.87 | -0.07 | -0.01 | 11.5 | |
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| Chile Credit Default Swaps | 57.9 | 0 | 58 | 0 | |
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| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GDP Growth (annual) | 2.3 | 475 | 475 | 283 | |
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| Unemployment rate | 8.3 | 0 | 0 | -3 | |
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| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IPSA Select (IPSA) | 6467.17 | -0.05 | -0.01 | 10.83 | |
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| Chile 2-year bond yield | 4.75 | 0.21 | 0.01 | -40.03 | |
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|
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| Chile 10-year bond yield | 6.16 | -0.16 | 0.03 | 17.56 | |
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| Chilean Peso US Dollar (CLP/USD) | 910.87 | -0.07 | -0.01 | 11.5 | |
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| Chile Credit Default Swaps | 57.9 | 0 | 58 | 0 | |
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Chile Manufacturing
MacroVar tracks hundreds of indicators related to Chile manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Chile economy.
| 1Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| industrial production | cl.indproduction | 3.2 | -0.4 | -900 | 43 | UP | UP |
Chile consumer sentiment
Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Chile employment and Chile consumer activity (building permits).
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| consumer confidence | cl.consconfidence | 30.8 | 31.9s | -3 | 15 | UP | UP |
| unemployment rate | cl.unemploymentrate | 8.6 | 8.7s | -1 | -3 | UP | Down |
| retail sales | cl.retailsalesan | 4.5 | 4.1s | 10 | -168 | UP | UP |
| retail sales MoM | cl.retailsales | 0.7 | 0.6s | 17 | -46 | UP | Down |
| building permits | cl.buildingpermits | 3630.0 | 5191s | -30 | -53 | Down | Down |
Chile Construction
The Chile construction sector is a significant component of the Chile economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| building permits | cl.buildingpermits | 3630.0 | 5191 | -30 | -53 | Down | Down |
| housing starts | cl.housingstarts | 12750.0 | 15492 | -18 | -15 | UP | Down |
Chile Macroeconomic outlook
Chile Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Chile economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Chile macroeconomic model in detail.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Real GDP | cl.realgdp | 52183.11 | 51840 | 1 | 2 | UP | UP |
| gdp growth annual | cl.gdpgrowthan | 2.3 | 1.6 | 44 | -87 | Down | Down |
| interest rate | cl.interestrate | 5.25 | 5.5 | -5 | -45 | Down | Down |
| unemployment rate | cl.unemploymentrate | 8.6 | 8.7 | -1 | -3 | UP | Down |
| external debt | cl.externaldebt | 254443.01 | 250514 | 2 | 10 | UP | UP |
| government debt to gdp | cl.govdebtgdp | 39.4 | 37.8 | 4 | 231 | UP | UP |
| current account | cl.currentaccount | -3140.0 | -2424 | 30 | -54 | UP | UP |
| current account to gdp | cl.currentaccountgdp | -3.6 | -9 | -60 | 125 | UP | Down |
| exports | cl.exports | 8588.0 | 7853 | 9 | 10 | UP | UP |
| imports | cl.imports | 7139.0 | 6037 | 18 | 1 | UP | UP |
| foreign exchange reserves | cl.fxreserves | 44618.2 | 45628.7 | -2 | 5 | Down | UP |
| gold reserves | cl.goldres | 0.25 | 0.25 | 0 | 0 | Down | Down |
| government revenues | cl.govrev | 6288336.86 | 5420930 | 16 | 19 | UP | UP |
| fiscal expenditure | cl.fiscalexp | 6188939.83 | 6547890 | -5 | 15 | Down | UP |
Chile Inflation
MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend |
|---|---|---|---|---|---|---|
| core inflation rate | cl.coreinflationrate | 3.87 | 3.7 | 5 | -19 |  |
| Produce Prices YoY | cl.producerpricesch | 10.6 | 8.2 | 29 | -283 |  |
Chile Employment
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Chile employment. Chile employment is one of the major factors affecting Chile monetary policy.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| unemployment rate | cl.unemploymentrate | 8.6 | 8.7 | -1 | -3 | UP | Down |
Chile Monetary Policy
Chile Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| interest rate | cl.interestrate | 5.25 | 5.5 | -5 | -45 | Down | Down |
| central bank balance sheet | cl.cb.assets | 40639.0 | 39048 | 4 | -34 | Down | Down |
| money supply m1 | cl.msm1 | 56554.0 | 55749 | 1 | 3 | UP | UP |
| money supply m2 | cl.msm2 | 202778.0 | 204337 | -1 | 5 | UP | UP |
| government debt to gdp | cl.govdebtgdp | 39.4 | 37.8 | 4 | 231 | UP | UP |
| loans to private sector | cl.loanprivate | 138840.0 | 139394 | -0 | -1 | Down | Down |
| Chile Credit Rating (S&P) | RATING.S&P.CH | ||||||
| Chile Credit Rating (Moody's) | RATING.MOODYS.CH | ||||||
| Chile Credit Rating (Fitch) | RATING.FITCH.CH |
Chile Fiscal Policy
Chile Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| government revenues | cl.govrev | 6288336.86 | 5420930 | 16 | 19 | UP | UP |
| fiscal expenditure | cl.fiscalexp | 6188939.83 | 6547890 | -5 | 15 | Down | UP |
| government budget | cl.govbudget | -2.5 | 1.1 | -327 | -292 | Down | Down |
| Government budget | cl.govbudgetvalue | -7744333.0 | -1126960 | 587 | 14207 | Down | Down |
| government debt to gdp | cl.govdebtgdp | 39.4 | 37.8 | 4 | 231 | UP | UP |
Chile Trade
Chile trade activity is monitored by tracking Trade and Capital flows.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| current account | cl.currentaccount | -3140.0 | -2424 | 30 | -54 | UP | UP |
| current account to gdp | cl.currentaccountgdp | -3.6 | -9 | -60 | 125 | UP | Down |
| balance of trade | cl.balanceoftrade | 1380.0 | 1450 | -5 | -51 | Down | Down |
| imports | cl.imports | 7139.0 | 6037 | 18 | 1 | UP | UP |
| exports | cl.exports | 8588.0 | 7853 | 9 | 10 | UP | UP |
| external debt | cl.externaldebt | 254443.01 | 250514 | 2 | 10 | UP | UP |
| foreign exchange reserves | cl.fxreserves | 44618.2 | 45628.7 | -2 | 5 | Down | UP |
| gold reserves | cl.goldres | 0.25 | 0.25 | 0 | 0 | Down | Down |