Chile real GDPChile real GDPChile real GDP

Chile real GDP

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪52.08 T‬CLP on Mar 31, 2024
Lowest
‪20.07 T‬CLP on Mar 31, 1996

About Chile real GDP


Category
GDP
Frequency
Quarterly
Units
CLP

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Chile real GDP was 51.759 T CLP, and the quarter before that it reached 52.081 T CLP.