Chile - Real Private Consumption

Chile: Real Private Consumption

Mnemonic C$.ICHL
Unit Bil. Ch. 2018 CLP, NSA
Adjustments Not Seasonally Adjusted
Quarterly 7.68 %
Data 2022 Q1 33,645
2021 Q4 36,443

Series Information

Source Central Bank of Chile
Release Quarterly National Accounts
Frequency Quarterly
Start Date 3/31/1996
End Date 3/31/2022

Chile: GDP

Reference Last Previous Units Frequency
Government Consumption 2022 Q1 8,490 9,775 Bil. CLP, NSA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2022 Q1 15,647 17,408 Bil. CLP, NSA Quarterly
Nominal Gross Domestic Product 2022 Q1 64,695 67,102 Bil. CLP, NSA Quarterly
Private Consumption 2022 Q1 39,899 41,673 Bil. CLP, NSA Quarterly
Real Fixed Investment (gross fixed capital formation) 2022 Q1 12,411 13,836 Bil. Ch. 2018 CLP, NSA Quarterly
Real Government Consumption 2022 Q1 6,387 8,580 Bil. Ch. 2018 CLP, NSA Quarterly
Real Gross Domestic Product 2022 Q1 51,587 51,984 Bil. Ch. 2018 CLP, SA Quarterly
Real Private Consumption 2022 Q1 33,645 36,443 Bil. Ch. 2018 CLP, NSA Quarterly
Real Investment 2017 32,613,368,935,900 31,218,139,417,900 NCU Annual

Release Information

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.

Quarterly national accounts


  • National accounts framework: UN SNA 1993 or later
  • Industry classification: CIIU Rev. 4, the localization of UN ISIC Rev. 4
  • Measurements:
    • Billions of Chilean pesos at chained year-2018 prices (Bil. Ch. 2018 CLP)
    • At current prices (Bil. CLP)
    • Percent (%)
  • Adjustments:
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 2013Q1


  • 2013 prices - 1996 to 2021 ("_13")
  • 2008 prices, CIIU Rev. 3 - 2008 to 2016 ("_08")
  • 2003 prices - 2003 to 2011 ("03")
  • 1996 prices - 1996 to 2006 ("_96")
  • 1986 prices - 1986 to 2001 ("_86")

Annual regional accounts

Properties (where different):

  • Industry classification: CIIU Rev. 3, the Chilean localization of UN ISIC Rev. 3
  • Measurement: Billions of Chilean pesos at current prices (Bil. CLP)
  • Adjustment: Not applicable
  • Native frequency: Annual 
  • Start date: 2008
  • Geo coverage:
    • Country
    • 15 regions

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.

Moody's Analytics supplements

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).