Chile - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Chile was $13,274,040,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $23,837,130,000 in 2007 and ($3,683,472,000) in 1981.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 ($114,140,100)
1961 ($189,928,400)
1962 ($78,359,210)
1963 ($140,089,000)
1964 ($58,487,650)
1965 $37,575,950
1966 $66,175,550
1967 $80,037,080
1968 $43,039,610
1969 $168,866,500
1970 $35,272,850
1971 ($131,107,000)
1972 ($426,955,800)
1973 ($351,220,000)
1974 $37,118,560
1975 ($187,415,500)
1976 $375,902,300
1977 ($320,300,100)
1978 ($613,756,900)
1979 ($745,710,100)
1980 ($1,387,219,000)
1981 ($3,683,472,000)
1982 ($668,341,900)
1983 $412,394,200
1984 ($325,709,600)
1985 $339,590,800
1986 $488,642,300
1987 $555,238,800
1988 $1,690,638,000
1989 $1,323,076,000
1990 $1,074,037,000
1991 $1,705,494,000
1992 $767,389,800
1993 ($910,876,600)
1994 $975,672,200
1995 $1,678,523,000
1996 ($1,152,558,000)
1997 ($1,703,902,000)
1998 ($2,674,842,000)
1999 $1,642,544,000
2000 $1,360,681,000
2001 $1,174,103,000
2002 $1,544,072,000
2003 $3,783,538,000
2004 $9,793,135,000
2005 $10,701,470,000
2006 $22,431,200,000
2007 $23,837,130,000
2008 $3,697,970,000
2009 $13,350,440,000
2010 $14,044,340,000
2011 $8,370,349,000
2012 ($75,138,740)
2013 ($1,599,401,000)
2014 $2,472,310,000
2015 ($535,592,900)
2016 $1,525,717,000
2017 $3,378,917,000
2018 ($914,305,900)
2019 ($2,313,982,000)
2020 $13,274,040,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Chile was 10,522,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 12,454,000,000,000 in 2007 and a minimum value of -1,626,490,000,000 in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 -125,554
1961 -208,921
1962 -86,195
1963 -224,143
1964 -134,522
1965 120,243
1966 258,085
1967 408,189
1968 296,973
1969 1,452,252
1970 398,583
1971 -1,599,506
1972 -8,880,681
1973 -25,147,350
1974 22,003,880
1975 -920,210,300
1976 4,905,525,000
1977 -6,899,263,000
1978 -19,431,540,000
1979 -27,777,700,000
1980 -54,101,530,000
1981 -143,655,000,000
1982 -34,025,290,000
1983 32,492,540,000
1984 -32,075,880,000
1985 54,626,570,000
1986 94,273,770,000
1987 121,825,000,000
1988 414,223,000,000
1989 353,195,000,000
1990 327,474,000,000
1991 595,593,000,000
1992 278,240,000,000
1993 -368,149,000,000
1994 409,958,000,000
1995 665,988,000,000
1996 -475,165,000,000
1997 -714,463,000,000
1998 -1,231,200,000,000
1999 835,693,000,000
2000 734,074,000,000
2001 745,485,000,000
2002 1,063,770,000,000
2003 2,615,940,000,000
2004 5,969,210,000,000
2005 5,990,340,000,000
2006 11,894,700,000,000
2007 12,454,000,000,000
2008 1,932,050,000,000
2009 7,487,720,000,000
2010 7,166,110,000,000
2011 4,048,470,000,000
2012 -36,552,840,000
2013 -792,140,000,000
2014 1,410,080,000,000
2015 -350,344,000,000
2016 1,032,850,000,000
2017 2,192,360,000,000
2018 -586,323,000,000
2019 -1,626,490,000,000
2020 10,522,700,000,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Chile was 3,382,380,000,000 as of 2020. As the graph below shows, over the past 7 years this indicator reached a maximum value of 3,382,380,000,000 in 2020 and a minimum value of -2,069,070,000,000 in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2013 -792,140,000,000
2014 2,296,690,000,000
2015 2,000,160,000,000
2016 1,856,430,000,000
2017 -734,777,000,000
2018 -2,019,960,000,000
2019 -2,069,070,000,000
2020 3,382,380,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Chile was 5.25 as of 2020. Its highest value over the past 60 years was 14.49 in 2006, while its lowest value was -10.67 in 1981.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 -2.78
1961 -4.12
1962 -1.45
1963 -2.47
1964 -0.98
1965 0.62
1966 0.94
1967 1.14
1968 0.60
1969 2.02
1970 0.39
1971 -1.20
1972 -3.60
1973 -2.09
1974 0.23
1975 -2.46
1976 3.63
1977 -2.29
1978 -3.84
1979 -3.42
1980 -4.78
1981 -10.67
1982 -2.64
1983 2.03
1984 -1.66
1985 1.92
1986 2.59
1987 2.49
1988 6.49
1989 4.43
1990 3.24
1991 4.51
1992 1.67
1993 -1.85
1994 1.71
1995 2.29
1996 -1.48
1997 -2.01
1998 -3.28
1999 2.18
2000 1.75
2001 1.65
2002 2.21
2003 5.00
2004 9.87
2005 8.70
2006 14.49
2007 13.73
2008 2.06
2009 7.74
2010 6.43
2011 3.32
2012 -0.03
2013 -0.57
2014 0.95
2015 -0.22
2016 0.61
2017 1.22
2018 -0.31
2019 -0.83
2020 5.25

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts