|Unit||Bil. CLP, NSA|
|Adjustments||Not Seasonally Adjusted|
The Central Bank of Chile reports quarterly national accounts, including the expenditure and production approaches (a.k.a., use of GDP and GVA), at current prices and chained prices.
Aggregates of national accounts are extrapolated using the single indicator method. When annual account data is available, the quarterly series are aligned with the annual series using harmonization methods. Production components of each industry and the value of production is reported.
Value added is measured as the difference between the gross value of the regional production at producer prices and intermediate consumption at user prices.
The data are provided by the CBC and compiled through the quarterly GDP information provided by the Macroeconomic Statistics Area (MSA). The National Statistical Institute (NSI) is also a major producer of source data for Quarterly GDP (QGDP). NSI data are compiled using economic surveys on production by industries and prices.
The general framework used for compiling the QGDP is guided by the recommendations of the System of National Accounts 1993 (1993 SNA). All transactions are recorded at market prices prevailing at the time they occur in accordance with 1993 SNA recommendations.
Seasonally adjusted figures are calculated using the U.S. Census Bureau's X-12 ARIMA model.
Within GDP(E) and GDP(O), we calculate missing indicators, back-extend select series prior to 2013, and construct seasonally adjusted (SA) counterparts.
For household income, we back-extend (1996 to 2012) using the predecessor and UN data, and construct an SA counterpart.
At the end of each year, revisions are made for the previous two years.
The currency reference year is advanced periodically (1986, 1996, 2003, 2008, 2013, 2018).
At the source:
At IMF (SDDS):