2.

2 SECTOR EXTERNO / EXTERNAL SECTOR

2.2.1 BALANZA DE PAGOS / BALANCE OF PAYMENTS

2.2.1.15 CHILE
CHILE

(Millones de dólares / Millions of dollars)

1980 1981 1982 1983 1984 1985

I. BALANCE EN CUENTA CORRIENTE - 1 971.0 - 4 733.0 - 2 304.0 - 1 117.0 - 2 111.0 - 1 413.0

Exportaciones de bienes FOB 4 705.0 3 836.0 3 706.0 3 831.0 3 650.0 3 804.1
Importaciones de bienes FOB - 5 469.0 - 6 513.0 - 3 643.0 - 2 845.0 - 3 288.0 - 2 920.4
Balance de bienes - 764.0 - 2 677.0 63.0 986.0 362.0 883.7
Servicios (crédito) 1 263.0 1 172.0 936.0 797.0 664.0 692.5
Transportes 406.2 356.0 300.6 274.3 249.7 284.0
Viajes 175.0 200.0 125.0 98.0 112.0 122.7
Otros servicios 681.8 616.0 510.4 424.7 302.3 285.8
Servicios (débito) - 1 583.0 - 1 780.0 - 1 410.0 - 1 236.0 - 1 207.0 - 1 080.5
Transportes - 830.0 - 902.0 - 601.0 - 523.0 - 512.0 - 499.0
Viajes - 200.0 - 220.0 - 195.0 - 243.0 - 279.0 - 269.2
Otros servicios - 553.0 - 658.0 - 614.0 - 470.0 - 416.0 - 312.3
Balance de bienes y servicios - 1 084.0 - 3 285.0 - 411.0 547.0 - 181.0 495.7
Renta (crédito) 308.0 606.0 512.0 203.0 322.0 200.8
Remuneración de empleados _ _ _ 1.0 1.0 1.0
Renta de la inversión 308.0 606.0 512.0 202.0 321.0 199.8
Directa (utilidades y dividendos) 4.0 5.0 6.0 13.0 4.0 3.0
De cartera _ _ _ _ _ _
Otra inversión (intereses recibidos) 304.0 601.0 506.0 189.0 317.0 196.8
Renta (débito) - 1 308.0 - 2 162.0 - 2 514.0 - 1 964.0 - 2 359.0 - 2 256.0
Remuneración de empleados - 70.0 - 93.0 - 81.0 - 14.0 - 14.0 - 13.0
Renta de la inversión - 1 238.0 - 2 069.0 - 2 433.0 - 1 950.0 - 2 345.0 - 2 243.0
Directa (utilidades y dividendos) - 86.0 - 126.0 - 134.0 - 149.0 - 183.0 - 158.5
De cartera _ _ _ _ _ _
Otra inversión (intereses pagados) - 1 152.0 - 1 943.0 - 2 299.0 - 1 801.0 - 2 162.0 - 2 084.5
Balance de renta - 1 000.0 - 1 556.0 - 2 002.0 - 1 761.0 - 2 037.0 - 2 055.2
Transferencias corrientes (crédito) 194.0 193.0 186.0 161.0 165.0 202.8
Transferencias corrientes (débito) - 81.0 - 85.0 - 77.0 - 64.0 - 58.0 - 56.3
Balance de transferencias 113.0 108.0 109.0 97.0 107.0 146.5
II. BALANCE EN CUENTA DE CAPITAL a/ _ _ _ _ _ _
III. BALANCE EN CUENTA FINANCIERA a/ 3 241.0 4 768.0 834.0 - 3 224.0 - 80.0 - 1 394.0
Inversión directa en el extranjero _ _ _ _ - 11.0 - 1.7
Inversión directa en la economía declarant 213.0 383.0 401.0 135.0 78.0 144.3
Activos de inversión de cartera - 43.0 - 21.0 - 17.0 - 3.0 _ _
Títulos de participación en el capital - 43.0 - 21.0 - 17.0 - 3.0 _ _
Títulos de deuda _ _ _ _ _ _
Pasivos de inversión de cartera _ _ _ _ _ _
Títulos de participación en el capital _ _ _ _ _ _
Títulos de deuda _ _ _ _ _ _
 Activos de otra inversión 128.0 - 484.0 - 720.0 242.0 153.0 434.9
Autoridades monetarias _ _ _ _ _ _
Gobierno general _ - 11.0 - 2.0 _ - 5.0 - 3.7
Bancos - 235.0 - 378.0 - 51.0 122.0 99.0 169.9
Otros sectores 363.0 - 95.0 - 667.0 120.0 59.0 268.7
Pasivos de otra inversión 2 943.0 4 890.0 1 170.0 - 3 598.0 - 300.0 - 1 971.5
Autoridades monetarias - 36.0 - 320.0 - 58.0 12.0 47.0 - 259.8
Gobierno general - 56.0 - 39.0 10.0 - 57.0 147.0 178.6
Bancos 2 141.0 3 126.0 446.0 - 2 261.0 - 393.0 - 1 230.3
Otros sectores 894.0 2 123.0 772.0 - 1 292.0 - 101.0 - 660.0
IV.ERRORES Y OMISIONES 51.2 102.0 - 69.2 68.0 189.7 - 69.9
V. BALANCE GLOBAL 1 321.2 137.0 - 1 539.2 - 4 273.0 - 2 001.3 - 2 876.9
VI.RESERVAS Y PARTIDAS CONEXAS - 1 321.2 - 137.0 1 539.2 4 273.0 2 001.3 2 876.9
Activos de reserva - 1 269.4 - 72.7 1 379.4 - 93.7 - 312.4 - 102.5
F.M.I. (uso del crédito y préstamos) - 51.8 - 64.3 - 40.2 622.7 219.8 205.0
Financiamiento excepcional _ _ 200.0 3 744.0 2 094.0 2 774.4

a/ Excluidos los componentes que se han clasificado en las categorías del grupo VI.
 1986 1987 1988 1989 1990 1991 1992 1993 1994

- 1 191.4 - 734.9 - 231.4 - 690.9 - 484.6 - 97.7 - 956.9 - 2 555.2 - 1 586.0

4 191.2 5 303.0 7 054.1 8 078.4 8 372.7 8 941.5 10 007.4 9 198.7 11 604.1
- 3 099.1 - 3 994.3 - 4 844.3 - 6 595.2 - 7 089.2 - 7 456.4 - 9 285.4 - 10 188.5 - 10 872.1
1 092.1 1 308.7 2 209.8 1 483.2 1 283.5 1 485.1 722.0 - 989.8 732.0
1 041.1 1 045.0 1 089.9 1 534.3 1 848.1 2 126.7 2 360.0 2 512.7 2 839.9
339.0 370.0 439.0 526.0 714.0 780.0 935.0 913.0 1 142.0
183.1 184.5 199.3 408.1 531.4 687.0 704.0 791.0 825.0
519.0 490.5 451.6 600.2 602.7 659.7 721.0 808.7 872.9
- 1 505.4 - 1 498.8 - 1 780.4 - 1 994.9 - 2 076.3 - 2 093.1 - 2 536.0 - 2 741.6 - 2 989.9
- 572.0 - 607.0 - 737.0 - 870.0 - 939.0 - 1 042.0 - 1 245.0 - 1 295.0 - 1 299.0
- 333.8 - 352.7 - 441.9 - 395.9 - 426.0 - 417.0 - 530.0 - 560.0 - 506.0
- 599.6 - 539.1 - 601.5 - 729.0 - 711.3 - 634.1 - 761.0 - 886.6 - 1 184.9
627.8 854.9 1 519.3 1 022.5 1 055.3 1 518.7 546.0 - 1 218.7 582.0
228.4 175.8 184.9 242.8 484.1 576.2 557.7 501.8 556.4
0.4 0.5 0.1 1.3 0.4 _ _ _ _
228.0 175.3 184.8 241.5 483.7 576.2 557.7 501.8 556.4
7.4 3.9 4.1 2.6 2.4 2.1 26.8 7.0 - 4.0
_ _ _ _ _ _ _ _ _
220.6 171.4 180.7 238.9 481.3 574.1 530.9 494.8 560.4
- 2 132.3 - 1 903.8 - 2 116.2 - 2 182.4 - 2 221.5 - 2 504.1 - 2 438.4 - 2 158.2 - 3 055.7
- 12.1 - 14.2 - 14.1 - 17.6 - 7.2 _ _ _ _
- 2 120.2 - 1 889.6 - 2 102.1 - 2 164.8 - 2 214.3 - 2 504.1 - 2 438.4 - 2 158.2 - 3 055.7
- 178.0 - 222.4 - 310.5 - 385.4 - 387.0 - 874.8 - 1 033.2 - 946.8 - 1 870.0
_ _ _ _ _ _ _ _ _
- 1 942.2 - 1 667.2 - 1 791.6 - 1 779.4 - 1 827.3 - 1 629.3 - 1 405.2 - 1 211.4 - 1 185.7
- 1 903.9 - 1 728.0 - 1 931.3 - 1 939.6 - 1 737.4 - 1 927.9 - 1 880.7 - 1 656.4 - 2 499.3
106.3 172.3 217.5 384.6 354.3 500.7 536.0 535.8 449.2
- 21.6 - 34.1 - 36.9 - 158.4 - 156.8 - 189.2 - 158.2 - 215.9 - 117.9
84.7 138.2 180.6 226.2 197.5 311.5 377.8 319.9 331.3
_ _ _ _ _ _ _ _ _
- 2 219.0 - 743.4 - 903.1 1 241.0 2 857.0 963.9 3 132.0 2 994.9 5 293.6
- 2.5 - 5.5 - 15.6 - 6.8 - 7.5 - 125.3 - 397.8 - 434.2 - 910.7
315.5 890.5 967.9 1 283.5 661.2 821.7 935.1 1 034.3 2 583.1
_ _ _ _ _ _ _ - 90.1 - 350.8
_ _ _ _ _ _ _ - 90.1 - 350.8
_ _ _ _ _ _ _ _ _
- 77.6 - 8.2 - 8.0 83.0 360.8 188.6 458.2 820.0 1 258.9
_ _ _ 89.9 367.1 24.0 338.2 815.8 1 258.9
- 77.6 - 8.2 - 8.0 - 6.9 - 6.3 164.6 120.0 4.2 _
 576.2 255.9 370.3 165.1 354.9 1 167.9 - 323.3 725.9 - 152.2
_ _ _ _ - 66.2 12.4 - 14.9 - 3.7 - 57.0
- 8.9 - 10.4 - 17.2 - 36.7 36.7 _ 46.6 _ _
- 58.6 12.5 - 55.6 27.0 - 145.1 - 62.1 - 21.1 7.0 - 25.5
643.7 253.8 443.1 174.8 529.5 1 217.6 - 333.9 722.6 - 69.7
- 3 030.6 - 1 876.1 - 2 217.7 - 283.8 1 487.6 - 1 089.0 2 459.8 939.0 2 865.3
- 597.3 - 52.1 - 947.6 - 696.4 - 400.1 - 66.0 10.4 - 239.7 - 98.5
53.1 77.1 108.1 127.1 206.2 79.6 156.9 - 118.9 - 98.7
- 1 478.3 - 1 652.4 - 1 188.0 - 566.0 - 320.0 - 569.9 1 588.8 61.0 407.0
- 1 008.1 - 248.7 - 190.2 851.5 2 001.5 - 532.7 703.7 1 236.6 2 655.5
223.6 - 142.2 - 121.5 - 31.2 - 49.9 390.8 371.5 - 12.1 - 556.8
- 3 186.9 - 1 620.5 - 1 256.0 519.0 2 322.5 1 257.0 2 546.6 427.5 3 150.8
3 186.9 1 620.5 1 256.0 - 519.0 - 2 322.5 - 1 257.0 - 2 546.6 - 427.5 - 3 150.8
137.2 - 65.5 - 755.9 - 548.1 - 2 121.5 - 1 049.4 - 2 343.8 - 169.9 - 2 918.4
114.8 - 69.5 - 70.3 - 20.6 - 209.3 - 196.6 - 202.8 - 249.0 - 210.2
2 934.9 1 755.6 2 082.3 49.7 8.3 - 11.1 _ - 8.6 - 22.2
 1995 1996 1997 1998 1999 2000 2001 2002 2003

- 1 349.6 - 3 082.7 - 3 660.2 - 3 918.4 99.3 - 897.5 - 1 100.1 - 580.0 - 778.7

16 025.0 16 626.8 17 870.2 16 322.8 17 162.3 19 210.2 18 271.8 18 179.8 21 664.2
- 14 644.0 - 17 698.8 - 19 297.8 - 18 363.1 - 14 735.1 - 17 091.4 - 16 428.2 - 15 794.2 - 17 941.2
1 381.0 - 1 072.0 - 1 427.6 - 2 040.3 2 427.1 2 118.8 1 843.6 2 385.6 3 722.9
3 332.9 3 588.0 3 891.8 3 952.0 3 869.0 4 082.9 4 138.4 4 385.5 5 069.5
1 194.0 1 650.6 1 817.9 1 910.2 2 038.9 2 187.6 2 294.0 2 205.4 2 770.7
911.0 930.9 1 103.4 1 104.5 910.9 819.4 798.5 897.6 883.4
1 227.9 1 006.4 970.6 937.3 919.2 1 075.9 1 045.9 1 282.5 1 415.4
- 3 657.0 - 3 588.6 - 4 027.6 - 4 403.8 - 4 606.2 - 4 801.7 - 4 982.6 - 5 087.0 - 5 687.5
- 1 904.0 - 1 745.4 - 1 891.5 - 1 998.5 - 2 059.6 - 2 191.2 - 2 259.9 - 2 299.9 - 2 585.3
- 703.0 - 735.9 - 838.7 - 888.1 - 752.2 - 619.8 - 708.2 - 672.8 - 850.3
- 1 050.0 - 1 107.3 - 1 297.5 - 1 517.2 - 1 794.4 - 1 990.8 - 2 014.6 - 2 114.3 - 2 251.9
1 056.9 - 1 072.6 - 1 563.4 - 2 492.1 1 690.0 1 400.0 999.3 1 684.1 3 105.0
868.5 841.7 1 169.9 1 196.1 912.3 1 597.6 1 458.3 849.9 1 091.5
_ _ _ _ _ 13.3 11.9 12.4 11.8
868.5 841.7 1 169.9 1 196.1 912.3 1 584.3 1 446.4 837.5 1 079.7
68.4 132.2 242.8 265.6 54.3 567.6 645.5 289.1 652.0
_ _ 3.8 6.9 54.6 88.0 25.2 251.4 449.1
800.1 709.5 923.3 923.6 803.4 928.8 775.7 297.0 - 21.4
- 3 582.0 - 3 359.3 - 3 787.0 - 3 084.9 - 3 145.4 - 4 453.2 - 3 984.5 - 3 696.6 - 5 580.2
_ - 14.0 - 20.5 - 15.8 - 14.4 - 15.6 - 15.7 - 15.9 - 15.3
- 3 582.0 - 3 345.3 - 3 766.5 - 3 069.1 - 3 131.0 - 4 437.6 - 3 968.8 - 3 680.7 - 5 564.9
- 2 178.0 - 1 892.4 - 2 185.4 - 1 401.3 - 1 467.1 - 2 539.1 - 2 250.0 - 2 447.0 - 4 611.3
_ - 281.4 - 359.3 - 369.3 - 402.1 - 490.1 - 526.7 - 710.7 - 816.9
- 1 404.0 - 1 171.5 - 1 221.9 - 1 298.4 - 1 261.9 - 1 408.5 - 1 192.1 - 522.9 - 136.7
- 2 713.5 - 2 517.6 - 2 617.1 - 1 888.8 - 2 233.1 - 2 855.6 - 2 526.2 - 2 846.7 - 4 488.7
482.0 665.2 835.0 809.9 840.9 765.3 713.0 954.3 901.1
- 175.0 - 157.6 - 314.7 - 347.5 - 198.4 - 207.3 - 286.2 - 371.7 - 296.1
307.0 507.6 520.3 462.4 642.5 558.0 426.8 582.5 605.0
_ _ _ _ _ _ _ 83.0 _
2 356.6 5 660.4 6 742.1 1 966.5 237.5 787.4 1 361.8 1 717.3 1 145.5
- 752.0 - 1 133.5 - 1 462.7 - 1 483.5 - 2 557.9 - 3 986.6 - 1 609.7 - 343.2 - 1 606.3
2 957.0 4 814.6 5 271.4 4 627.8 8 761.0 4 860.0 4 199.8 2 549.9 4 307.4
- 14.0 - 134.5 - 989.1 - 3 310.6 - 5 795.1 766.1 - 1 386.0 - 3 315.8 - 4 699.0
- 14.0 - 42.6 - 743.3 - 2 518.3 - 3 474.3 820.9 - 2 094.0 - 3 272.1 - 4 853.5
_ - 91.9 - 245.8 - 792.4 - 2 320.8 - 54.8 708.0 - 43.7 154.5
48.0 1 268.7 2 614.2 842.0 2 577.7 - 127.3 1 525.3 998.5 2 053.7
- 249.0 699.7 1 720.4 580.4 523.6 - 427.3 - 217.1 - 320.3 317.7
297.0 569.0 893.8 261.6 2 054.1 300.0 1 742.4 1 318.8 1 735.9
 - 309.4 - 854.7 - 457.2 - 1 953.0 - 3 369.2 - 2 064.6 - 1 325.8 1 140.6 - 571.4
10.0 _ _ _ _ _ _ _ - 60.1
_ _ _ _ _ _ _ _ 0.7
56.6 - 87.0 - 547.2 - 380.9 - 1 641.9 652.7 145.1 635.1 299.0
- 376.0 - 767.7 90.0 - 1 572.1 - 1 727.3 - 2 717.3 - 1 470.9 505.5 - 870.4
427.0 1 699.8 1 765.5 3 243.8 621.0 1 339.9 - 41.8 727.9 1 543.2
- 402.0 - 73.4 - 23.8 - 73.5 - 65.1 36.0 - 47.2 - 2.2 - 2.5
- 1 323.0 - 544.7 - 386.3 - 171.4 - 100.7 - 127.6 - 132.3 - 293.7 - 116.8
- 322.0 - 444.2 - 1 497.8 - 35.8 - 840.2 - 278.1 771.1 1 302.5 1 605.7
2 474.0 2 762.1 3 673.4 3 524.5 1 627.0 1 709.6 - 812.9 - 574.6 - 62.5
131.5 16.1 236.6 - 239.3 - 1 083.4 446.8 - 857.7 - 938.7 - 732.3
1 138.5 2 593.9 3 318.5 - 2 191.3 - 746.5 336.7 - 596.1 281.6 - 365.6
- 1 138.5 - 2 593.9 - 3 318.5 2 191.3 746.5 - 336.7 596.1 - 281.6 365.6
- 739.7 - 1 118.9 - 3 318.5 2 191.3 746.5 - 336.7 596.1 - 281.6 365.6
- 297.9 _ _ _ _ _ _ _ _
- 101.0 - 1 475.0 _ _ _ _ _ _ _
 2004 2005 2006

2 074.5 1 315.0 5 256.1 I. BALANCE ON CURRENT ACCOUNT

32 520.3 41 297.1 58 116.4 Exports of goods, f.o.b.
- 22 935.2 - 30 492.3 - 35 903.1 Imports of goods, f.o.b.
9 585.2 10 804.8 22 213.3 Balance on goods
6 033.7 7 019.8 7 504.0 Services: credit
3 456.8 4 272.0 _ Transportation
1 095.0 1 109.1 _ Travel
1 481.9 1 638.7 _ Other services
- 6 779.6 - 7 655.9 - 8 426.2 Services: debit
- 3 353.7 - 4 124.6 _ Transportation
- 977.1 - 1 050.7 _ Travel
- 2 448.8 - 2 480.7 _ Other services
8 839.3 10 168.7 21 291.1 Balance on goods and services
1 380.6 1 678.5 2 084.6 Income: credit
11.6 13.0 _ Employees compensation
1 369.0 1 665.5 2 084.6 Investment income
951.1 1 063.1 1 120.5 Direct investment income
591.0 760.5 _ Portfolio investment income
- 173.1 - 158.1 964.1 Other investment income
- 9 217.2 - 12 323.6 - 21 476.2 Income: debit
- 15.2 - 16.2 _ Employees compensation
- 9 202.0 - 12 307.4 - 21 476.2 Investment income
- 8 230.8 - 11 377.1 - 20 409.4 Direct investment income
- 1 137.3 - 1 128.0 - 289.7 Portfolio investment income
166.0 197.7 - 777.1 Other investment income
- 7 836.7 - 10 645.0 - 19 391.5 Balance on income
1 411.0 2 236.3 3 888.4 Current transfers: credit
- 339.1 - 445.0 - 532.0 Current transfers: debit
1 071.9 1 791.3 3 356.5 Balance on transfers
5.1 41.2 13.3 II. BALANCE ON CAPITAL ACCOUNT a/
- 1 995.7 1 664.3 - 4 794.7 III.BALANCE ON FINANCIAL ACCOUNT a/
- 1 563.1 - 2 209.0 - 2 875.6 Direct investment abroad
7 172.7 6 959.6 7 951.7 Direct investment in reporting economy
- 4 430.2 - 4 218.4 - 10 850.9 Portfolio investment assets
- 3 204.9 - 4 015.3 _ Equity securities
- 1 225.3 - 203.1 _ Debt securities
1 121.8 1 594.5 842.7 Portfolio investment liabilities
7.6 1 759.6 _ Equity securities
1 114.2 - 165.2 _ Debt securities
- 3 388.6 - 2 399.4 - 3 675.2 Other investment assets
_ _ _ Monetary authorities
_ _ _ General government
- 166.1 - 557.1 _ Banks
- 3 222.5 - 1 842.3 _ Other sectors
- 829.3 1 958.3 3 495.5 Other investment liabilities
6.4 0.3 _ Monetary authorities
- 115.4 - 437.3 _ General government
169.7 1 253.3 _ Banks
- 998.9 705.0 _ Other sectors
- 269.6 - 1 263.5 1 536.0 IV.ERRORS AND OMISSIONS
- 185.7 1 756.9 1 997.4 V. GLOBAL BALANCE
185.7 - 1 756.9 - 1 997.4 VI.RESERVES AND RELATED ITEMS
185.7 - 1 756.9 - 1 997.4 Reserve assets
_ _ _ Use of IMF credit and loans
_ _ _ Exceptional financing

a/ Excludes components that have been classified in the categories of Group VI.