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3 days ago · Overview. Chile’s sound macroeconomic policies led to a recovery from Covid-induced imbalances, including high deficits and inflation. Fiscal and monetary tightening stabilized the economy but stunted 2023 growth. Chile aims for faster, greener, and more inclusive growth, and reforms targeting productivity, technology, competition, and human ...
2 days ago · Economy of Chile. All values, unless otherwise stated, are in US dollars. The economy of Chile is a market economy and high-income economy as ranked by the World Bank. [27] The country is considered one of South America's most prosperous nations, [28] leading the region in competitiveness, income per capita, globalization, economic freedom, and ...
Sep 27, 2024 · See: Organisation for Economic Co-operation and Development, “OECD glossary of statistical terms,” accessed Sept. 20, 2024. The primary deficit in Latin America, as a percentage of GDP, was 5% in 2020 and decreased to 0.6% in 2021. This trend reversed in 2022, resulting in a primary surplus of 0.6%.
Oct 1, 2024 · Economic Expectations Evolution: Monetary Policy Rate: Current Calendar Year data is updated monthly, averaging 3.750 % pa from Jan 2007 (Median) to Sep 2024, with 193 observations. The data reached an all-time high of 11.250 % pa in Oct 2022 and a record low of 0.500 % pa in May 2021.
Oct 3, 2024 · Economic reforms that were maintained consistently since the 1980s contributed to steady growth, reduced poverty rates by over half, and helped secure the country's commitment to democratic and representative government. Chile has increasingly assumed regional and international leadership roles befitting its status as a stable, democratic nation.
1 day ago · S&P Global Ratings kept its classification of Chile as the highest in Latin America and raised its outlook to stable, citing the government’s commitment to halting a multi-year rise in the ...
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Oct 1, 2024 · Create Alert. Latest Release. Oct 01, 2024. Actual. 2.3%. Previous. 4.2%. The Economic Activity Index provides an early estimate for real gross domestic (GDP) performance in Chile. A higher than ...