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Chile: Imports of goods and services (% of GDP)

In , Chile's Imports of goods and services (% of GDP) was 30.14.

That's up 0.7% from 2023, the highest value since .

The global average for this indicator in 2024 was 47.94 . Chile ranks #110 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #14 of 24.

Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Chile Imports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
39.59
Trough
26.85
1-year change
+0.7%
5-year change
+1.3%
+0.3% / yr
10-year change
-7.6%
-0.8% / yr

Historical Data — Last 10 Years

Year Imports of goods and services (% of GDP)
30.1365
29.9137
39.5950
32.8846
26.8525
29.7371
29.6480
27.6948
28.1347
30.1580

About Imports of goods and services (% of GDP)

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.IMP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Chile's Imports of goods and services (% of GDP) in 2024?
In 2024, Chile's Imports of goods and services (% of GDP) was 30.14, according to World Bank Open Data.
Is Chile's Imports of goods and services (% of GDP) rising or falling?
Chile's Imports of goods and services (% of GDP) rose 0.7% from 2023 to 2024.
How does Chile rank globally on Imports of goods and services (% of GDP)?
In 2024, Chile ranked #110 out of 160 countries reporting Imports of goods and services (% of GDP).
How does Chile's Imports of goods and services (% of GDP) compare to the world average?
The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Chile is below the world average. Within Latin America & Caribbean, it ranks #14 of 24.
What is Imports of goods and services (% of GDP) and how is it measured?
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.