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Chile Economy has experienced a GDP growth rate of 2.9% till the year 2006. The growth rate of GDP in the country for the year 2005 was 6.3%. The real growth rate of GDP in the economy over various years are as follows:
As to the above diagram, the growth rate of Gross Domestic Products in the country slowed down in the year 2006. The rate of unemployment in the country has declined from in the recent times.
Chile Exports and Imports
Chile exports the items such as copper, fish, fruits, chemicals, wine and paper.
The total merchandise exports of the country, as in the year 2006 was $44,638 Millions.
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Important importable items of the country are fuels, chemicals, motor vehicles, and electrical machinery.
The total imports volume reached a sum of $ 26,509 Millions as in the year 2006.
The country has experienced a merchandise trade balance in the recent times. The following diagram shows the level of exports and imports in the country over various years:
Chile In International Scenario
Chile has an impressive international relationship over the world. The current account surplus in the country has reached at a surplus of $4.8 billions in the year 2006. The Balance Of Payment in the country has experienced a favorable position over the world in the recent years.
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