Statistical Synthesis of Chile 2000 - 2004 Statistical Synthesis of Chile 2000 - 2004
Central Bank of Chile AUTHORITIES OF THE CENTRAL BANK OF CHILE (At 31 December 2004)
CENTRAL BANK BOARD
VITTORIO CORBO LIOI Governor
JOSÉ DE GREGORIO REBECO Vice-Governor
JORGE DESORMEAUX JIMÉNEZ Board Member
JOSÉ MANUEL MARFÁN LEWIS Board Member MANAGERS MARÍA ELENA OVALLE MOLINA Board Member EDUARDO A RRIAGADA CARDINI Communications
MABEL CABEZAS BULLEMORE Logistical Services and Security
CECILIA FELIÚ CARRIZO CAMILO CARRASCO A LFONSO Human Resources General Manager JERÓNIMO GARCÍA CAÑETE MIGUEL ÁNGEL NACRUR GAZALI Informatics General Counsel PABLO GARCÍA SILVA Macroeconomic Analysis
JOSÉ MANUEL GARRIDO BOUZO Financial Analysis
LUIS A LEJANDRO GONZÁLEZ BANNURA DIVISION MANAGERS Accounting and Administration
LUIS ÓSCAR HERRERA BARRIGA JUAN ESTEBAN LAVAL ZALDÍVAR Financial Policy Chief Counsel
ESTEBAN JADRESIC MARINOVIC SERGIO LEHMANN BERESI International Affairs International Analysis
CARLOS PEREIRA A LBORNOZ IVÁN EDUARDO MONTOYA LARA Management and Development General Treasurer
RODRIGO V ALDÉS PULIDO GLORIA PEÑA T APIA Research Foreign Trade and Trade Policy
JORGE PÉREZ ETCHEGARAY Monetary Operations
CRISTIÁN SALINAS CERDA Internacional Investment
KLAUS SCHMIDT-HEBBEL DUNKER Economic Research
MARIO ULLOA LÓPEZ General Auditor
RICARDO V ICUÑA POBLETE Information and Statistics Research
3
Central Bank of Chile
TABLE OF CONTENTS
GENERAL BACKGROUND 7
Location and area, boundaries, climate and natural resources 7 Temperature, rainfall and environmental pollution of main Chilean towns 8
POPULATION 10
SYSTEM OF GOVERNMENT AND POLITICAL AND ADMINISTRATIVE ORGANIZATION 12
ECONOMIC AND SOCIAL INDICATORS 14
Main indicators of the domestic economy 14 National accounts 16 Public finances 19 Agriculture, fruitgrowing, forestry, livestock and fishing 20 Mining 25 Manufacturing 26 Construction 30 Energy 32 Transport 34 Communications 35 Tourism 35 Prices 36 Money and banking 40 Interest rates 41 Balance of payments 43 Balance of trade by product 44 Foreign trade 44 Foreign debt 48 Direct foreign investment under DL 600 49 Employment and wages 49 Social indicators 52 Selected welfare indicators 53 Sources 54
5 Statistical Synthesis of Chile 2000-2004
MAP OF CHILE BY REGIONS
6 Central Bank of Chile
GENERAL BACKGROUND (A)
LOCATION AND AREA:
Chile is located in the southwest of South America stretching as far south in the Antarctica as to the South Pole itself and with its westernmost province, Easter Island, in the South Pacific Ocean. On the American continent, Chile stretches from 17°30' S at the northern boundary to 56°32' S at the southernmost tip of South America. The Chilean Antarctic Territory comprises the whole of the area located south of the 60° S, between meridians 53° and 90° W as far as the South Pole at 90° S. The national territory comprises several islands in the Pacific Ocean, which add to the country's territorial waters. The nearest to the continent are the islands that form the Juan Fernández archipelago, and San Félix and San Ambrosio islands. The most distant from the mainland are Salas y Gómez and Easter Island or Rapa Nui. The latter is located at 27° S and 109°30' W, opposite the port of Caldera and 3,760 kilometers away from the mainland. From the Concordia line to the South Pole, the country is over 8,000 kilometers long. The area of South American, Antarctic and Oceanic Chile is 2,006,096 sq km, with 756,096 sq km corresponding to South American and insular Chile and 1,250,000 sq km to the Chilean Antarctic Territory.
SOUTH AMERICAN AND INSULAR CHILE 756,096 sq km Cropland 16,560 sq km Grazing land 129,300 sq km Forest land 84,200 sq km Non-productive land 526,036 sq km CHILEAN ANTARCTIC TERRITORY 1,250,000 sq km TOTAL 2,006,096 sq km
BOUNDARIES Chile is bounded on the north by Peru, by a border line known as Línea de la Concordia; on the east by Bolivia and Argentina, mainly by a line that runs through the highest summits of the Andes; on the south by the South Pole, and on the west by the Pacific Ocean, including 200 nautical miles of territorial waters.
CLIMATE AND NATURAL RESOURCES :
The North: Climate: Warm desert. Natural resources: Nitrate, copper, iron, lithium and other minerals, valleys suited for agriculture and sea foods. The Center: Climate: Mild and temperate, with rains in winter. Natural resources: Agricultural lands especially suitable for fruitgrowing, grazing lands, forests, hydroelectric power (rivers), copper and sea foods. The South: Climate: Temperate and rainy. Natural resources: Agricultural and grazing lands, forests, hydroelectric power (rivers) and sea foods. The Far South: Climate: Cold steppe. Natural resources: Forests, petroleum, natural gas, coal, limestone, sheep and sea foods.
7 Statistical Synthesis of Chile 2000-2004
TEMPERATURE, RAINFALL AND ENVIRONMENTAL POLLUTION OF MAIN CHILEAN TOWNS: (A) (B) (C) (Temperatures in centigrades and annual precipitation in millimeters)
Town 2000 2001 2002 2003 2004
Arica (Chacalluta) Annual mean temperature 18.7 18.9 19.0 18.9 18.7 Annual precipitation 4.1 2.3 9.3 0.9 0.0
Iquique (Diego Aracena) Annual mean temperature 18.0 18.1 18.2 18.2 18.0 Annual precipitation - 0.0 4.1 0.0 0.0
Antofagasta (Cerro Moreno) Annual mean temperature 16.3 16.5 16.6 16.6 16.4 Annual precipitation 4.2 0.0 2.7 0.0 0.6
Copiapó (Chamonate) Annual mean temperature 15.3 15.3 15.5 15.2 15.3 Annual precipitation 30.8 0.0 19.9 0.6 7.6
La Serena (La Florida) Annual mean temperature 13.5 13.8 13.9 13.5 13.5 Annual precipitation 104.1 139.7 188.2 92.0 99.3
Valparaíso (Jardín Botánico) Annual mean temperature 13.7 14.2 14.2 14.1 14.2 Annual precipitation 820.4 645.8 1,022.9 292.8 455.4
Isla de Pascua (Mataveri) Annual mean temperature 21.2 21.3 21.3 20.8 20.8 Annual precipitation 1,614.2 965.9 1,134.1 1,230.8 1,132.4
Santiago (Quinta Normal) Annual mean temperature 14.7 15.0 14.7 15.2 14.8 Annual precipitation 473.9 311.9 600.8 224.9 353.8
Isla Juan Fernández (Robinson Crusoe) Annual mean temperature 14.9 15.1 14.7 15.2 14.9 Annual precipitation 1,200.0 999.8 1.403.2 852.7 852.4
Curicó (General Freire) Annual mean temperature - - - - - Annual precipitation 859.1 739.9 1,064.2 525.2 546.3
Chillán (Bernardo O'Higgins) Annual mean temperature 12.7 - - - - Annual precipitation 1,095.2 1,219.5 1,227.8 687.3 958.0
Concepción (Carriel Sur) Annual mean temperature 12.4 12.1 11.8 12.5 12.6 Annual precipitation 1,406.4 1,358.6 1,363.2 871.7 1,126.9
8 Central Bank of Chile
19992000 20002001 20012002 20022003 20032004
Temuco (Maquehue) Annual mean temperature 11.1 11.3 11.1 11.1 11.5 Annual precipitation 1,395.0 1,146.1 1,476.1 975.5 1,234.1
Valdivia (Pichoy) Annual mean temperature 10.8 - - - - Annual precipitation 2,063.3 1,874.9 2,219.2 1,796.0 1,239.1
Osorno (Cañal Bajo) Annual mean temperature 10.4 - - - - Annual precipitation 1,394.2 1,295.8 1,644.5 1,140.3 1,351.9
Puerto Montt (El Tepual) Annual mean temperature 9.7 9.9 10.1 10.1 10.5 Annual precipitation 1,615.2 1,652.7 2,034.3 1,411.4 1,557.5
Coihaique (Teniente Vidal) Annual mean temperature 7.5 7.7 7.6 8.2 8.8 Annual precipitation 924.2 1,124.0 1,247.3 1,204.9 1,078.8
Punta Arenas (Carlos Ibáñez del Campo) Annual mean temperature 5.7 5.8 5.5 6.5 7.2 Annual precipitation 417.8 411.3 378.4 514.2 383.2
Base Antártica Presidente Frei M. Annual mean temperature -1.8 -1.8 -2.6 -2.1 -1.6 Annual precipitation 359.3 348.8 479.9 344.7 456.0
Temperatures and Rainfall in Santiago Quinta Normal Station (33º 27' S, 70º 42' W, Alt. 520 m) Rainfall Mean monthly temperature
(mm) Tº C 100 25 90 80 20 70 60 15 50 40 10 30 20 5 10 0 0 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. Source: Dirección Meteorológica de Chile / National Meteorological Division.
9 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
Environmental pollution statistics in the Santiago Metropolitan Region (*) (Annual averages of sampling stations)
Sulphur dioxide (SO2) (Parts per billion) 8 7 5 4 (n.a.)
Particles in suspension
MP 10 fraction (µg/cubic meter) 72 71 71 69 (n.a.)
MP 2.5 fraction (µg/cubic meter) 35 36 36 34 (n.a.)
Ozone Number of times the norm is exceeded (Parts per billion) 555 557 241 (n.a.) (n.a.)
POPULATION (A)
GENERAL BACKGROUND:
According to past censuses, in 1835, Chile had a population of 1,103,036; in 1895, 2,695,625; in 1907, 3,231,022; in 1940, 5,023,539; in 1960, 7,374,115; in 1970, 8,884,768; in 1982, 11,329,736; in 1992 13,348,401; and the latest 2002 population census registered 15,116,435 inhabitants.
This steady growth of the population is mainly due, on one hand, to moderately high birth rates (until 1962, the birth rate was 38 in a thousand, on average) and a decreasing mortality rate, and on the other hand, to an increasingly longer life expectancy (from 67.2 years in 1975 to 70.7 years in 1980 to 75.4 years in 1999 and to 77.08 years in 2002).
In recent years, the population has a higher proportion of elderly people due to a fertility rate fall associated to a birth rate that has dropped to around 1.65% a year, in 2002, while overall mortality is 0.53%. This brings population growth to 1.12% a year.
Until 1930, the population was predominantly rural: in 1875, 65.1% and in 1920, 53.6%. The 1940 census reversed the situation and according to the census of 2002, only 13.4% of the population is rural.
The population density is currently 20 inhabitants per square kilometer, (2002 census) one of the lowest density figures in Latin America. However, it should be held in mind that over 70% of Chilean territory in South America is desert, mountainous or otherwise inhospitable for human settlement.
(*) Data on air pollution provided by the automatic network of the Santiago Metropolitan Service of Environmental Health (Sesma). (n.a.) Not available.
10 Central Bank of Chile
POPULATION: (A) (*)
2000 2001 2002 2003 2004
Population 15,397.8 15,571.7 15,745.6 15,919.5 16,093.4 (Thousands) Annual growth rate 1.32 1.13 1.12 1.10 1.09 Male 7,620.3 7,706.8 7,793.2 7,879.7 7,966.1 Female 7,777.5 7,864.9 7,952.4 8,039.8 8,127.3 Urban population (%) 86.6 86.7 86.7 86.7 86.8 Rural population (%) 13.4 13.3 13.3 13.3 13.2
Population by age and sex Male (Percent) Female
1982 1992 2002
80 and over 75 - 79 70 - 74 65 - 69 60 - 64 55 - 59 50 - 54 45 - 49 40 - 44 35 - 39 30 - 34 25 - 29 20 - 24 15 - 19 10 - 14 5 - 9 0 - 4
12108 6 4 2 0 2 4 6 8 10 12 12108 6 4 2 0 2 4 6 8 10 12 1210864202468 10 12 Source: National Statistics Bureau (INE), Census of 1982, 1992 and 2002.
Urban and rural population by census Rural (Percent) Urban
100
80
60
40
20
0 1960 1970 1982 1992 2002 Source: National Statistics Bureau (INE).
(*) Estimated figures at 30 June of each year, on the basis of the 2002 census.
11 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
Population by region (1) 15,397.8 15,571.7 15,745.6 15,919.5 16,093.4 (Thousands) I Region of Tarapacá 438.3 444.6 450.9 457.2 463.6 II Region of Antofagasta 505.8 512.9 519.9 527.0 534.0 III Region of Atacama 260.2 262.2 264.3 266.3 268.3 IV Region of Coquimbo 615.0 625.4 635.8 646.2 656.6 V Region of Valparaíso 1,562.4 1,582.5 1,602.5 1,622.6 1,642.7 RMS Stgo. Metropolitan Region 6,171.3 6,244.8 6,318.3 6,391.8 6,465.3 VI Region of Libertador Gral. Bernardo O’Higgins 795.9 804.8 813.8 822.7 831.6 VII Region of Maule 924.9 933.3 941.8 950.2 958.7 VIII Region of Biobío 1,896.4 1,910.9 1,925.5 1,940.1 1,954.6 IX Region of La Araucanía 886.1 894.7 903.3 911.8 920.4 X Region of Los Lagos 1,094.5 1,106.8 1,119.2 1,131.6 1,143.9 XI Region Aisén of Gral. C. Ibáñez del Campo 93.8 94.9 96.0 97.1 98.2 XII Region of Magallanes and of La Antártica Chilena 153.3 153.8 154.4 154.9 155.4
Life expectancy at birth (Years) (2) 75.51 75.66 75.81 75.96 76.09 Male 72.56 72.71 72.85 72.99 73.12 Female 78.57 78.73 78.88 79.04 79.18 Life expectancy at one year age (Years) (3) 75.44 75.58 75.70 75.84 75.97 Male 72.54 72.67 72.79 72.92 73.04 Female 78.45 78.60 78.73 78.88 79.01
SYSTEM OF GOVERNMENT AND POLITICAL AND ADMINISTRATIVE ORGANIZATION
According to the Political Constitution of 1980, Chile is a unitarian state. For interior administration and government, the country is divided into regions and these into provinces. For local administration, the provinces are divided into communes. Regional government is the responsibility of the Intendent, who is the immediate representative of the President of the Republic and is answerable directly to him. At the head of the regional administration is the Regional Government with full legal capacity and its own assets. It consists of the Intendent, its maximum authority, and the Regional Council which has normative, resolving and supervisory capacities. Provincial government corresponds to the Governor, also answerable directly to the President of the Republic and subordinate to the Intendent. He administrates in representation of the Intendent and is assisted by a consultative Provincial Social and Economic Council of which he is the Chairman and he may also constitute a Technical Advisory Committee. Local communal administration is carried out by the Municipality, an autonomous public body with full legal capacity and its own assets. It consists of the Mayor and his Council with normative, resolutive and supervisory capacities. At the same time, each commune has a Communal Social and Economic Council, chaired by the Mayor, which has consultative duties. The Mayor is the chairman of the Council and, is elected by public vote. The councillors the proportionally elected by public vote. Most of the Ministries and National Public Services are decentralized territorially by way of Ministerial Regional Secretariats and Regional or Provincial Directions respectively, the latter being subordinated to the Ministerial Regional Secretariat and both subordinate to the Intendent. Furthermore, in each region there is a Regional Cabinet to assist the Intendent integrated by Governors, Ministerial Regional Secretaries and by regional heads of state administration nominated by the Intendent.
(1) Estimated figures at 30 June of each year, on the basis of the 2002 census. (2) Life expectancy at birth is the number of years a newborn infant is expected to live. (3) Life expectancy at one year is the number of years a one-year old infant is expected to live.
12 Central Bank of Chile
THE REGIONS AND THEIR CAPITALS:
Decree Law 575 (10 July, 1974), divided the Chilean territory into thirteen regions: NAME CAPITAL I Region of Tarapacá Iquique II Region of Antofagasta Antofagasta III Region of Atacama Copiapó IV Region of Coquimbo La Serena V Region of Valparaíso Valparaíso VI Region of Libertador General Bernardo O’Higgins Rancagua VII Region of Maule Talca VIII Region of Biobío Concepción IX Region of La Araucanía Temuco X Region of Los Lagos Puerto Montt XI Region Aisén del Gral. Carlos Ibáñez del Campo Coihaique XII Region of Magallanes y de La Antártica Chilena Punta Arenas RMS Santiago Metropolitan Region Santiago Regions with largest population: Santiago Metropolitan Region 6,465,348 inhabitants VIII Region of Biobío 1,954,631 inhabitants V Region of Valparaíso 1,642,652 inhabitants MINISTRIES Website e-mail Agricultura www.agricultura.gob.cl [email protected] Bienes Nacionales www.bienes.gob.cl [email protected] Cultura y las Artes www.consejodelacultura.cl Defensa Nacional www.defensa.cl [email protected] Economía y Energía www.economia.cl [email protected] Educación www.mineduc.cl [email protected] Hacienda www.hacienda.gob.cl [email protected] Interior www.interior.gob.cl [email protected] Justicia www.minjusticia.cl [email protected] Minería www.minmineria.cl [email protected] Obras Públicas, Transportes y Telecomunicaciones www.moptt.cl [email protected] Planificación y Cooperación www.mideplan.cl [email protected] Relaciones Exteriores www.minrel.cl [email protected] Salud www.minsal.cl [email protected] Secretaría General de Gobierno www.segegob.cl [email protected] Secretaría General de la Presidencia www.segpres.gob.cl [email protected] Servicio Nacional de la Mujer www.sernam.cl Trabajo y Previsión Social www.mintrab.gob.cl [email protected] Vivienda y Urbanismo www.minvu.cl [email protected]
OTHER AGENCIES Website e-mail Banco Central de Chile (BCCh) www.bcentral.cl [email protected] BancoEstado (BECh) www.bancoestado.cl [email protected] Bolsa de Comercio de Santiago www.bolsantiago.com [email protected] Comisión Chilena de Energía Nuclear www.cchen.cl Comisión Chilena del Cobre (Cochilco) www.cochilco.cl [email protected] Comisión Nacional de Energía (CNE) www.cne.cl [email protected] Comité de Inversiones Extranjeras (CIE) www.foreigninvestment.cl [email protected] Consejo de Defensa del Estado (CDE) www.cde.cl [email protected] Contraloría General de la República www.contraloria.cl [email protected] Corporación de Fomento de la Producción (Corfo) www.corfo.cl [email protected] Corporación Nacional del Cobre de Chile (Codelco-Chile) www.codelcochile.com [email protected] Corporación Nacional Forestal (Conaf) www.conaf.cl [email protected] Dirección de Presupuestos www.dipres.cl [email protected] Dirección de Promoción de Exportaciones (Prochile) www.prochile.cl [email protected] Dirección del Territorio Marítimo y Marina Mercante www.directemar.cl [email protected] Dirección General de Aeronáutica Civil www.dgac.cl [email protected] Dirección Nacional de Fronteras y Límites del Estado (Difrol) www.difrol.cl [email protected] Empresa Nacional de Minería (Enami) www.enami.cl [email protected] Instituto Antártico Chileno (Inach) www.inach.cl [email protected] Instituto de Desarrollo Agropecuario (Indap) www.indap.cl [email protected] Instituto de Fomento Pesquero (Ifop) www.ifop.cl [email protected] Instituto Forestal (Infor) www.infor.cl [email protected] Instituto Geográfico Militar (IGM) www.igm.cl [email protected] Instituto Nacional de Estadísticas (INE) www.ine.cl [email protected]
13 Statistical Synthesis of Chile 2000-2004
OTHER AGENCIES ADDRESS TELEPHONE e-mail
Intendencia de la I Región Arturo Prat 1099, Iquique 57-400751 [email protected] Intendencia de la II Región Arturo Prat 384, piso 2, Antofagasta 55-266058 [email protected] Intendencia de la III Región Los Carrera 645 piso 2, Copiapó 52-212727 [email protected] Intendencia de la IV Región Arturo Prat 350, La Serena 51-224421 [email protected] Intendencia de la V Región Melgarejo 669, Piso 19, Valparaíso 32-653200 [email protected] Intendencia de la VI Región Plaza Los Héroes s/n°, Rancagua 72-226354 [email protected] Intendencia de la VII Región Uno Oriente 1190, Talca 71-205500 [email protected] Intendencia de la VIII Región Aníbal Pinto 442, Concepción 41-225347 [email protected] Intendencia de la IX Región Bulnes 590, piso 2, Temuco 45-208201 [email protected] Intendencia de la X Región Décima Región 480, Puerto Montt 65-280797 [email protected] Intendencia de la XI Región Plaza 485, Coihaique 67-215632 [email protected] Intendencia de la XII Región Bories 901, Punta Arenas 61-244509 [email protected] Intendencia de la Región Metropolitana de Santiago Moneda esq Morandé s/n. 02-6765800 [email protected]
OTHER AGENCIES website e-mail
Municipalidad de Santiago www.santiago.ciudad.cl [email protected] Oficina de Estudios y Políticas Agrarias (Odepa) www.odepa.gob.cl [email protected] Oficina Nacional de Emergencia (Onemi) www.onemi.cl [email protected] Servicio Agrícola y Ganadero (SAG) www.minagri.gob.cl [email protected] Servicio de Impuestos Internos (SII) www.sii.cl [email protected] Servicio Registro Civil e Identificación www.registrocivil.cl Servicio de Vivienda y Urbanización (Serviu) www.minvu.cl [email protected] Servicio Electoral www.servel.cl [email protected] Servicio Nacional de Aduanas www.aduana.cl [email protected] Servicio Nacional de Pesca (Sernapesca) www.sernapesca.cl [email protected] Servicio Nacional de Turismo (Sernatur) www.sernatur.cl [email protected] Superintendencia de Administradoras de Fondos de Pensiones www.safp.cl Superintendencia de Bancos e Instituciones Financieras www.sbif.cl [email protected] Superintendencia de Seguridad Social www.suseso.gov.cl [email protected] Superintendencia de Valores y Seguros www.svs.cl Tesorería General de la República www.tesoreria.gob.cl [email protected]
ECONOMIC AND SOCIAL INDICATORS
MAIN INDICATORS OF THE 2000 2001 2002 2003 2004 DOMESTIC ECONOMY
Gross Domestic Product (GDP) Growth Rate (*) 4.5 3.4 2.2 3.7 6.1 National Unemployment Rate (A) 9.2 9.0 9.0 8.5 8.8 Consumer Price Index (CPI) Percentage Change (to December of each year) 4.5 2.6 2.8 1.1 2.4 Balance of Trade Surplus / Deficit (US$ million) 2,118.9 1,843.5 2,385.6 3,521.9 9,019.0
(*) Provisional figures for 2002 and 2003 and preliminary figures for 2004.
14 Central Bank of Chile Economic and social indicators
Annual GDP growth rate (%)
8.0 6.0 4.0 2.0 0.0 2000 2001 2002 2003 2004 Source: Central Bank of Chile.
Annual unemployment rate (%)
9.4 9.2 9.0 8.8 8.6 8.4 8.2 8.0 2000 2001 2002 2003 2004 Source: National Statistics Bureau (INE).
Consumer price index (CPI) (%) (Percentage change) 5.0 4.0 3.0 2.0
1.0
0.0 2000 2001 2002 2003 2004 Source: National Statistics Bureau (INE).
Balance of trade (US$ million)
10,000
8,000
6,000 4,000
2,000
0 2000 2001 2002 2003 2004 Source: Central Bank of Chile.
15 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003(1) 2004(2)
NATIONAL ACCOUNTS (D)
Gross domestic product expenditure and investment rates 35,646,492 36,850,288 37,655,139 39,060,131 41,427,296 (Millions of 1996 pesos)
Domestic demand 35,284,493 36,119,700 36,986,176 38,768,618 41,841,501 Total consumption 26,586,734 27,350,166 28,024,625 29,105,395 30,627,176 Personal consumption 22,668,725 23,317,215 23,867,564 24,846,826 26,242,129 Durable goods 1,459,337 1,420,611 1,415,055 1,541,365 1,747,859 Non durable goods 10,823,015 11,095,373 11,310,999 11,810,458 12,656,436 Services 10,386,372 10,801,230 11,141,509 11,495,004 11,837,835 Government consumption 3,918,009 4,032,952 4,157,061 4,258,569 4,385,047 Change in inventory 437,616 152,096 211,079 412,127 786,879 Gross fixed capital formation 8,260,143 8,617,438 8,750,472 9,251,095 10,427,445 Constrution and other works 4,904,086 5,125,406 5,238,215 5,550,666 5,881,734 Machinery and equipment 3,356,057 3,492,032 3,512,257 3,700,429 5,545,711 Exports of goods and services 11,243,562 12,056,675 12,250,053 12,970,039 14,625,740 Exports of goods 9,072,642 9,672,639 9,685,700 10,215,535 11,651,959 Agriculture, livestock and forestry 718,244 761,362 852,834 923,905 1,016,087 Fishing 79,252 90,278 88,579 78,522 79,906 Mining 4,327,440 4,613,119 4,452,067 4,617,075 5,209,781 Copper 3,679,249 3,918,492 3,786,763 3,917,860 4,549,002 Rest 648,191 694,627 665,305 699,215 660,778 Manufacturing 3,947,707 4,207,881 4,292,219 4,596,034 5,346,185 Exports of servicies 2,170,920 2,384,036 2,564,353 2,754,504 2,973,781 Import of goods and services 10,881,562 11,326,087 11,581,090 12,678,526 15,039,945 Import of goods 9,145,600 9,365,169 9,494,698 10,482,481 12,663,320 Agriculture, livestock and fishing 248,877 220,213 229,259 265,611 274,228 Mining 846,588 897,208 851,102 953,127 1,030,191 Manufacturing 8,050,135 8,247,748 8,414,337 9,263,743 11,358,901 Import of servicies 1,735,962 1,960,918 2,086,393 2,196,045 2,376,625 Fixed capital investment rate 23.2 23.4 23.2 23.7 25.2 Total investment rate 24.4 23.8 23.8 24.7 27.1
(1) Provisional figures. (2) Preliminary figures.
Annual growth rate of gross domestic product (GDP) and of fixed capital investment. (Percent) GDP Fixed capital investment 15
10
5
0
2000 2001 2002 2003 2004
Source: Central Bank of Chile.
16 Central Bank of Chile
2000 2001 2002 2003(1) 2004(2)
Annual growth of gross domestic product expenditure 4.5 3.4 2.2 3.7 6.1 (Percent) Domestic demand 6.0 2.4 4.8 4.8 7.9 Total consumption 3.6 2.9 2.5 3.9 5.2 Personal consumption 3.7 2.9 2.4 4.1 5.6 Durable goods 7.1 -2.7 -0.4 8.9 13.4 Non durable goods 3.6 2.5 1.9 4.4 7.2 Services 3.3 4.0 3.2 3.2 3.0 Government consumption 3.0 2.9 3.1 2.4 3.0 Gross fixed capital formation 8.9 4.3 1.5 5.7 12.7 Constrution and other works 0.8 4.5 2.2 6.0 6.0 Machinery and equipment 23.2 4.1 0.6 5.4 22.8 Exports of goods and services 5.1 7.2 1.6 5.9 12.8 Exports of goods 5.0 6.6 0.1 5.5 14.1 Agriculture, livestock and forestry 0.7 6.0 12.0 8.3 10.0 Fishing 17.0 13.9 -1.9 -11.4 1.8 Mining 3.4 6.6 -3.5 3.7 12.8 Copper 3.4 6.5 -3.4 3.5 16.1 Other 3.6 7.2 -4.2 5.1 -5.5 Manufacturing 7.4 6.6 2.0 7.1 16.3 Exports of servicies 5.5 9.8 7.6 7.4 8.0 Import of goods and services 10.1 4.1 2.3 9.5 18.6 Import of goods 12.4 2.4 1.4 10.4 20.8 Agriculture, livestock and fishing 3.8 -11.5 4.1 15.9 3.2 Mining -6.4 6.0 -5.1 12.0 8.1 Manufacturing 15.1 2.5 2.0 10.1 22.6 Import of servicies -0.8 13.0 6.4 5.3 8.2
Gross domestic product by economic activity 35,646,492 36,850,288 37,655,139 39,060,131 41,427,296 (Millions of 1996 pesos)
Agriculture, livestock and forestry 1,485,916 1,575,996 1,647,623 1,733,117 1,854,997 Fishing 454,477 510,558 581,479 512,046 621,265 Mining 2,873,613 3,036,605 2,908,345 3,052,879 3,263,162 Copper 2,505,058 2,649,496 2,525,519 2,679,056 2,894,953 Other 368,554 387,108 382,826 373,822 368,210 Manufacturing 5,840,248 5,876,150 5,987,262 6,174,091 6,600,757 Food, beverages and tobacco products 1,829,741 1,905,633 1,939,067 1,961,264 2,086,337 Textiles, clothing and leather 425,629 373,984 359,275 374,256 411,776 Wood and furniture 514,859 510,745 509,049 542,548 575,819 Paper and printing 700,077 663,070 714,909 770,898 851,389 Chemicals, oil, rubber and plastic 1,241,809 1,284,873 1,342,770 1,391,257 1,453,797 Non-metallic minerals and basic metal manufacture 491,375 499,074 497,250 526,978 597,512 Metal products, machinery and equipment and other ncp. 636,758 638,772 624,942 606,890 624,127 Electricity, gas and water 1,048,781 1,064,716 1,099,672 1,141,684 1,184,817 Construction 2,820,940 2,936,609 3,010,304 3,145,897 3,301,639 Trade, hotels and catering 3,862,791 3,964,962 4,000,472 4,191,449 4,477,832 Transport 1,600,817 1,652,960 1,718,074 1,800,942 1,901,489 Communications 992,778 1,132,711 1,216,135 1,282,965 1,324,551 Financial and business services (3) 4,467,864 4,629,666 4,773,579 4,927,094 5,218,866 Housing real estate activities 2,662,848 2,717,610 2,776,279 2,834,014 2,897,583 Personal services (4) 3,825,552 3,947,908 4,056,067 4,193,288 4,366,059 Public administration 1,334,034 1,356,922 1,382,840 1,409,114 1,437,839 Subtotal 33,270,658 34,403,373 35,158,130 36,398,580 38,450,855
Less: Bank charges 1,156,782 1,192,988 1,218,041 1,265,545 1,349,335 GDP at factor cost 32,113,876 33,210,385 33,940,089 35,133,035 37,101,520 Plus: Net VAT collected 2,698,765 2,782,956 2,843,516 2,961,042 3,155,723 Plus: Import duties 833,852 856,947 871,534 966,053 1,170,052 (1) Provisional figures. (2) Preliminary figures. (3) Including financial services, insurance, rental of premises and services provided to firms. (4) Including education, health and other services.
17 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003(1) 2004(2)
Annual growth rate of gross domestic product by economic activity 4.5 3.4 2.2 3.7 6.1 (Percent) Agriculture, livestock and forestry 6.0 6.1 4.5 5.2 7.0 Fishing 8.5 12.3 13.9 -11.9 21.3 Mining 3.2 5.7 -4.2 5.0 6.9 Copper 3.9 5.8 -4.7 6.1 8.1 Other -1.4 5.0 -1.1 -2.4 -1.5 Manufacturing 4.9 0.6 1.9 3.1 6.9 Food, beverages and tobacco products 4.8 4.1 1.8 1.1 6.4 Textiles, clothing and leather -3.2 -12.1 -3.9 4.2 10.0 Wood and furniture 8.2 -0.8 -0.3 6.6 6.1 Paper and printing 3.3 -5.3 7.8 7.8 10.4 Chemicals, oil, rubber and plastic 6.4 3.5 4.5 3.6 4.5 Non-metallic minerals and basic metal manufacture 6.8 1.6 -0.4 6.0 13.4 Metal products, machinery and equipment and other ncp. 5.9 0.3 -2.2 -2.9 2.8 Electricity, gas and water 9.5 1.5 3.3 3.8 3.8 Construction -0.7 4.1 2.5 4.5 5.0 Trade, hotels and catering 4.4 2.6 0.9 4.8 6.8 Transport 5.7 3.3 3.9 4.8 5.6 Communications 13.6 14.1 7.4 5.5 3.2 Financial and business services (3) 5.0 3.6 3.1 3.2 5.9 Housing real estate activities 2.3 2.1 2.2 2.1 2.2 Personal services (4) 3.5 3.2 2.7 3.4 4.1 Public administration 1.5 1.7 1.9 1.9 2.0 Subtotal 4.2 3.4 2.2 3.5 5.6 Less: Bank charges 3.5 3.1 2.1 3.9 6.6
GDP at factor cost 4.2 3.4 2.2 3.5 5.6 Plus: Net VAT collected 4.5 3.1 2.2 4.1 6.6 Plus: Import duties 15.0 2.8 1.7 10.8 21.1
Disposable gross national income and gross domestic expenditure, constant prices
GDP at market prices 35,646,492 36,850,288 37,655,139 39,060,131 41,427,296 Plus net factor income from the rest of the world -1,417,633 -1,294,877 -1,563,301 -2,522,781 -4,236,321 Gross national product 34,228,860 35,555,412 36,091,838 36,537,349 37,190,975 Plus net current external transfers 261,134 227,365 307,291 272,042 355,909 Disposable nominal gross national income 34,489,994 35,782,777 36,399,130 36,809,391 37,546,883 Plus effect of terms of trade 315,787 -158,308 214,382 1,126,207 3,652,597 Disposable real gross national income 34,805,781 35,624,469 36,613,512 37,935,599 41,199,480 Gross domestic expenditure 35,284,493 36,119,700 36,986,176 38,768,618 41,841,501
Main macroeconomic aggregates, current prices
GDP at market prices 40,575,319 43,536,752 46,341,827 50,730,703 57,356,964 Plus net factor income from the rest of the world -1,552,516 -1,587,998 -1.965,077 -3,165,160 -4,939,280 Gross national product 39,022,804 41,948,754 44,376,750 47,565,543 52,417,684 Plus net current external transfers 302,142 269,995 400,995 411,534 645,860 Disposable gross national income 39,324,946 42,218,749 44,777,745 47,977,077 53,063,544 Less total consumption 30,951,078 33,252,758 35,185,762 37,543,224 39,754,096 Gross national savings 8,373,867 8,965,990 9,591,983 10,433,852 13,309,448 Plus external savings (national current account surplus) 494,228 650,276 444,099 729,244 -870,257 Gross capital formation 8,868,095 9,616,267 10,036,082 11,163,096 12,439,191 Gross fixed capital formation 8,410,720 9,456,704 9,879,125 10,769,333 11,822,205
(1) Provisional figures. (2) Preliminary figures. (3) Including financial services, insurance, rental of premises and services provided to firms. (4) Including education and health care services and other services.
18 Central Bank of Chile
2000 2001 2002 2003 2004
Main macroeconomic aggregates and participation in the gross domestic product, at current prices
GDP at market prices 100.0 100.0 100.0 100.0 100.0 Plus net factor income from the rest of the world -3.8 -3.6 -4.2 -6.2 -8.6 Gross national product 96.2 96.4 95.8 93.8 91.4 Plus net current transfers from abroad 0.7 0.6 0.9 0.8 1.1 Disposable gross national income 96.9 97.0 96.6 94.6 92.5 Less total consumption 76.3 76.4 75.9 74.0 69.3 Gross national savings 20.6 20.6 20.7 20.6 23.2 Plus external savings (national current account surplus) 1.2 1.5 1.0 1.4 -1.5 Gross capital formation 21.9 22.1 21.7 22.0 21.7 Gross fixed capital formation 20.7 21.7 21.3 21.2 20.6
PUBLIC FINANCES (E)
Total Central Government operating results (1) (Domestic currency plus foreign currency) (Millions of pesos)
Operations affecting net equity
Income 8,779,652 9,473,052 9,770,772 10,604,366 12,808,492 Net tax 6,697,023 7,224,485 7,727,855 8,121,735 9,112,333 Gross copper 377,077 230,667 214,749 450,361 1,764,152 Pension funds 576,758 628,052 678,900 727,979 827,629 Other 1.128,794 1,389,848 1,149,267 1,304,291 1,104,378
Expenditure 7,748,355 8,236,226 8,761,689 9,166,723 9,764,447 Personnel 1,778,062 1,891,430 2,011,052 2,131,317 2,301,577 Goods and services for consumption and production 743,411 814,670 831,516 834,901 998,037 Interest 488,409 513,450 538,938 587,964 559,038 Subsidies and grants 2,402,182 2,503,273 2,718,199 2,824,480 3,003,058 Pension payments 2,268,012 2,432,305 2,570,570 2,705,546 2,824,914 Other 68,280 81,099 91,414 82,515 77,822
Gross operational results 1,031,297 1,236,826 1,009,083 1,437,643 3,044,046
Nonfinancial assets transactions
Nonfinancial assets net acquisition 1,287,790 1,452,061 1,582,409 1,654,978 1,797,639 Physical assets sale 9,665 11,982 19,231 11,316 20,887 Investment 905,489 979,028 1,032,511 1,013,141 1,051,503 Capital transfers 391,965 485,015 569,130 653,153 767,023
Total income 8,789,317 9,485,034 9,790,003 10,615,683 12,829,380
Total expenditure 9,045,810 9,700,269 10,363,329 10,833,018 11,582,973
Net income/expenditure balance -256,493 -215,326 -573,326 -217,335 1,246,407
Net income/expenditure balance as percentage of GDP -0.6 -0.5 -1.2 -0.4 2.2
Structural balance as percentage of GDP (2) 0.2 1.0 0.6 0.8 1.0
(1) The Central Government comprises those government units whose sphere of action extends to the whole national territory. (2) Corresponds to the balance of the Central Government if GDP growth were that of its trend level and if the copper price were that of the long-term level.
19 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
AGRICULTURE (A) Main agricultural products
Cropland (*) 808.9 846.3 838.9 838.3 872.1 (Thousands of hectares)
Cereals Wheat 391.6 414.0 426.1 415.7 420.4 Oats 88.7 89.6 93.3 104.6 122.6 Rye 1.2 1.2 0.1 0.0 0.0 Barley 17.2 15.4 17.5 17.5 11.6 Rice 25.8 28.6 28.0 28.2 24.9 Corn 69.3 82.6 87.3 109.6 119.3 Other 12.1 14.0 12.5 9.0 8.5
Legumes and potatoes Beans 31.4 35.6 28.2 25.9 26.5 Lentils 2.2 1.3 1.1 0.9 1.0 Peas 2.0 2.4 1.2 1.3 1.3 Chick-peas 3.7 4.2 3.2 3.8 3.7 Potatoes 60.5 63.1 61.4 56.0 59.6 Other 1.1 1.6 0.7 0.3 0.2
Industrial crops Sugar beet 49.2 46.4 47.4 27.1 29.4 Sunflower 6.4 1.8 1.5 1.9 2.2 Rapeseed 19.3 22.8 0.8 5.4 6.1 Other 28.0 21.8 28.8 31.2 34.9
Output (Thousands of metric quintals)
Cereals Wheat 14,927.1 17,801.6 18,203.9 17,970.8 19,216.5 Oats 2,479.4 3,445.3 4,163.0 4,880.5 5,386.0 Barley 596.4 654.5 771.5 770.1 561.6 Rye 24.0 37.4 2.2 1.3 1.3 Rice 1,350.6 1,432.6 1,419.3 1,408.5 1,192.7 Corn 6,520.2 7,785.0 9,242.1 11,897.3 13,206.1
Legumes and potatoes Beans 442.7 604.5 450.4 479.1 487.1 Lentils 10.3 10.2 6.3 7.0 7.9 Peas 18.0 24.7 8.8 10.2 10.2 Chick-peas 32.5 36.9 30.2 30.8 29.4 Potatoes 9,882.2 12,100.4 13,032.7 10,937.3 11,441.7
Industrial crops Sugar beet 31,124.1 28,829.8 31,918.1 19,533.1 22,783.0 Sunflower 94.4 31.3 26.9 26.1 32.2 Rapeseed 477.3 673.7 20.2 194.2 221.1
(*) Agricultural year "n" is understood to mean the period elapsed since sowing took place in year "n-1" until harvest takes place in year "n".
20 Central Bank of Chile
2000 2001 2002 2003 2004
Yield (Metric quintals per hectare)
Cereals
Wheat 38.1 43.0 42.7 43.2 45.7
Oats 28.0 38.4 44.6 46.6 43.9
Barley 34.7 42.6 44.2 43.9 48.3
Rye 20.7 32.0 28.1 27.1 27.1
Rice 52.4 50.2 50.7 49.9 47.9
Corn 94.1 94.3 105.9 108.6 110.7
Legumes and potatoes
Beans 14.1 17.0 16.0 18.5 18.4
Lentils 4.7 7.8 5.7 7.7 7.8
Peas 9.0 10.3 7.4 7.9 7.9
Chick-peas 8.8 8.7 9.3 8.0 8.0
Potatoes 164.8 191.7 212.4 195.3 192.1
Industrial crops
Sugar beet 632.5 621.3 673.0 719.7 774.1
Sunflower 14.8 17.4 17.6 14.1 14.6
Rapeseed 24.7 29.5 26.9 36.3 36.5
Vineyards used for (V) (Hectares)
Wine 103,876 106,971 108,569 110,097 (n.a.)
Pisco (Spirit) 10,076 9,800 9,791 9,853 (n.a.)
Fresh consumption 50,818 51,669 52,366 52,685 (n.a.)
(n.a.) Not available.
21 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
FRUITGROWING (F) Area planted with fruit trees (Thousands of hectares) Almond 5.9 5.9 5.9 5.9 (n.a.) Plum 13.1 13.0 13.0 13.0 (n.a.) Peach 11.4 11.4 11.5 11.6 (n.a.) Kiwi 7.8 7.6 7.7 7.7 (n.a.) Lemon 7.5 7.6 7.7 7.9 (n.a.) Apple 35.8 35.7 35.8 36.0 (n.a.) Orange 7.6 7.7 7.9 8.0 (n.a.) Nectarine 6.6 6.7 6.7 6.9 (n.a.) Walnut 7.8 8.0 8.1 8.3 (n.a.) Avocado 21.2 22.3 23.3 24.0 (n.a.) Pear 10.4 10.2 10.1 10.1 (n.a.) Table grape vineyards 44.9 45.8 47.4 48.1 (n.a.)
Fruit production (Thousands of metric tons) Almonds 8.1 8.6 9.1 8.8 9.0 Plums 172.0 210.5 210.0 215.0 255.0 Peaches 175.0 195.0 190.0 198.0 210.0 Kiwis 115.5 120.0 128.0 125.0 145.0 Lemons 126.0 132.0 140.0 150.0 160.0 Apples 805.0 1,135.0 1,050.0 1,150.0 1,250.0 Oranges 97.0 101.0 114.0 120.0 125.0 Nectarines 85.0 95.0 84.0 95.0 94,0 Walnuts 11.3 12.5 13.0 14.0 13.5 Avocados 98.0 110.0 130.0 140.0 140.0 Pears 210.0 205.0 202.0 203.0 205.0 Table grapes 999.0 905.0 999.0 1,050.0 1,100.0
Fruit yield (Tons per hectare) Almonds 1.4 1.5 1.5 1.5 (n.a.) Plums 13.2 16.2 16.1 16.5 (n.a.) Peaches 15.4 17.1 16.6 17.1 (n.a.) Kiwis 14.9 15.8 16.7 16.2 (n.a.) Lemons 16.7 17.3 18.2 19.1 (n.a.) Apples 22.5 31.8 29.4 32.0 (n.a.) Oranges 12.8 13.1 14.5 15.1 (n.a.) Nectarines 12.8 14.2 12.5 13.8 (n.a.) Walnuts 1.4 1.6 1.6 1.7 (n.a.) Avocados 4.6 4.9 5.6 5.8 (n.a.) Pears 20.3 20.0 20.0 20.1 (n.a.) Table grapes 22.3 19.8 21.1 21.8 (n.a.)
(n.a.) Not available.
22 Central Bank of Chile
2000 2001 2002 2003 2004
FORESTRY
Industrial output (G)
Timber 5,698.1 5,872.0 6,438.9 7,004.5 8,014.8 (Thousands of cubic meters) Mechanical pulp 372.0 385.7 409.2 445.0 507.0 (Thousands of tons) Chemical pulp 2,219.9 2,282.1 2,278.2 2,314.3 2,831.7 (Thousands of tons) Paper and cardboard 860.8 876.6 1,016.4 1,097.8 1,139.4 (Thousands of tons) Veneer 72.5 53.9 47.8 45.8 59.6 (Thousands of tons) Fiber and grain boards (*) 630.6 660.1 758.9 870.7 960.7 (Thousands of tons) Plywood boards 139.3 223.1 274.7 305.0 400.6 (Thousands of tons)
Annually reforested area (H) 102,350 94,855 88,089 119,496 126,728 (Hectares)
(*) Since 2001 includes OSBs.
Annually reforested area (Thousands of hectares)
140 120 100 80 60 40 20 0 2000 2001 2002 2003 2004 Source: Forestry Institute.
23 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
LIVESTOCK
Carcass meat production by species (A) (Metric tons)
Cattle 226,364 217,644 199,958 191,784 208,258
Sheep 11,141 10,884 9,857 9,624 9,539
Hogs 261,477 303,006 350,721 365,343 363,605
Horses and mules 9,491 10,770 11,055 10,275 9,565
Goats 3323322820
Poultry (A) (*) 438.2 485.1 452.2 464.4 535.0 (Thousands of metric tons)
Milk (A) 1,990.0 2,190.0 2,170.0 2,130.0 2,250.0 (Millions of liters)
Eggs (A) 2,195.1 2,312.3 2,275.9 2,275.4 2,642.7 (Millions of units)
FISHING (I)
Total catch per species 4,972 4,663 5,113 4,528 6,014 (Thousands of metric tons)
Fish 4,486 4,151 4,621 3,971 5,176
Crustaceans 37 26 24 19 20
Mollusks 110 138 111 145 356
Other species 58 48 61 44 51
Algae 281 300 316 349 411
(*) Including carcass meat of broilers, turkey, hens and others.
24 Central Bank of Chile
2000 2001 2002 2003 2004
MINING
Mining production index (A) (1990 average = 100)
General index 253.9 257.9 248.9 265.0 289.0
Metal minerals index 273.5 277.7 267.5 284.1 312.2 Copper 287.5 294.9 286.4 303.7 334.8
Non-metal minerals index 95.4 98.0 98,6 110.5 101.0 Nitrate 128.4 139.3 152.5 147.3 182.2 Iodine 224.9 243.8 250.1 298.8 320.6
Output
Copper (Thousands of fine metric tons) (J) 4,602.0 4,739.0 4,580.6 4,904.2 5,412.5
Molybdenum (Thousands of fine metric tons) (J) 23.5 24.7 21.8 28.0 33.5
Gold (Fine metric tons) (K) 54.1 42.7 38.7 38.9 38.5
Silver (Fine metric tons) (K) 1,245.2 1,348.7 1,210.5 1,312.8 1,329.5
Iron (Thousands of metric tons) (K)
Ore 8,728.9 8,834.2 7,268.8 8,011.0 8,000.3 Pellets 4,502.5 4,329.5 3,863.8 4,482.9 4,476.9
Nitrate (Thousands of metric tons) (K) 988.4 1,072.3 1,174.2 1,133.9 1,402.4 Iodine (Thousands of metric tons) (K) 10.5 11.4 11.6 13.9 14.9
Coal (Thousands of net metric tons) (K) 503.4 568.1 451.6 353.7 136.0
Crude oil (Thousands of cubic meters)(K) 325.8 309.8 257.4 209.7 205.3
Natural gas (Millions of cubic meters)(K) 2,689.0 2,683.7 2,543.0 2,180.9 2,105.6
Petroleum by-products (K) (Thousands of cubic meters) (L)
Gasoline 2,971.3 2,787.2 2,890.0 3,102.7 3,265.3
Kerosene (*) 883.4 1,062.2 936.8 816.7 902.4
Diesel oil 4,422.0 4,520.0 4,516.2 4,600.9 4,200.8
Liquefied gas 903.5 1,013.6 1,007.9 945.3 985.7
Fuel oil 1,662.7 1,622.9 1,464.4 1,929.1 2,159.5
(*) Including domestic and aviation kerosene.
25 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
MANUFACTURING
Manufacturing production (A) (2002 average=100)
General Index (*) - - 100.0 105.2 113.6 Production, processing and preservation of meat, fish fruit, legumes, vegetables, oils and fats - - 100.0 103.6 111.2 Dairy products - - 100.0 106.0 107.9 Flour milling products starch and its by-products and dry feed - - 100.0 105.8 112.5 Other foodstuff - - 100.0 97.2 104.0 Beverages - - 100.0 104.3 112.3 Manufacturing of tobacco products - - 100.0 99.6 106.7 Weaving, knitting and finishing of textiles - - 100.0 99.7 92.8 Other textiles - - 100.0 218.4 370.9 Knitted and crocheted articles - - 100.0 101.1 98.3 Clothing except leatherwear - - 100.0 100.1 102.5 Curing and tanning of leather manufacture of cases, bags, saddlery and harness - - 100.0 95.4 87.7 Footwear - - 100.0 97.7 103.4 Sawing and planing of timber - - 100.0 107.8 115.1 Woodwork and manufacture of cork goods and and wickerwork - - 100.0 112.2 121.7 Paper and paper products - - 100.0 107.4 113.0 Publishing - - 100.0 109.1 125.1 Printing and associated services - - 100.0 112.1 118.9 Oil refinery products - - 100.0 104.6 100.5 Basic chemicals - - 100.0 114.6 128.0 Other chemicals - - 100.0 97.5 105.2
(*) Excludes copper smelting and refining.
26 Central Bank of Chile
2000 2001 2002 2003 2004
Manufacture of rubber products - - 100.0 123.3 156.3 Manufacture of plastic products - - 100.0 102.8 106.5 Manufacture of glass and its products - - 100.0 107.5 124.7 Manufacture of non-metal mineral products n.c.p. - - 100.0 105.0 113.4 Basic iron and steel industry - - 100.0 101.4 118.2 Primary non-iron and precious metal products - - 100.0 118.7 152.4 Metal goods for structural use, metal vessels, containers and tanks - - 100.0 92.7 87.8 Other metal goods, and services provided to metal goods manufacturers - - 100.0 106.5 112.3 Machinery for general use - - 100.0 110.8 128.1 Machinery for special use - - 100.0 94.6 104.5 Domestic appliances n.c.p. - - 100.0 102.4 113.3 Engines, generators and electrical transformers - - 100.0 99.9 159.6 Equipment for electric power distribution and control - - 100.0 93.4 105.6 Manufacture of electric lamps - - 100.0 112.9 119.2 Medical instruments and apparatus, and measurement, testing, navigation and other apparatus except optical instruments - - 100.0 179.8 197.7 Motorized vehicles - - 100.0 68.1 54.1 Parts, pieces and accessories for motorized vehicles and their engines - - 100.0 91.9 102.1 Furniture - - 100.0 100.2 97.5 Manufacturing industries n.c.p. - - 100.0 96.7 97.1 n.c.p. = not included in other entries.
27 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
Manufacturing sales (A) (2002 average=100)
General Index (*) - - 100.0 105.8 113.7 Production, processing and preservation of meat, fish fruit, legumes, vegetables, oils and fats - - 100.0 106.0 109.6 Dairy products - - 100.0 110.1 109.8 Flour milling products starch and its by-products and dry feed - - 100.0 107.5 113.9 Other foodstuff - - 100.0 103.8 109.8 Beverages - - 100.0 106.1 114.8 Manufacture of tobacco products - - 100.0 105.5 108.4 Weaving, knitting and finishing of textiles - - 100.0 100.0 96.6 Other textiles - - 100.0 199.9 340.6 Knitted and crocheted articles - - 100.0 94.2 97.3 Clothing except leatherwear - - 100.0 104.5 105.3 Curing and tanning of leather manufacture of cases, bags, saddlery and harness - - 100.0 85.6 88.6 Footwear - - 100.0 97.8 98.7 Sawing and planing of timber - - 100.0 107.2 113.6 Woodwork and manufacture of cork goods and and wickerwork - - 100.0 115.1 123.2 Paper and paper products - - 100.0 106.6 112.6 Publishing - - 100.0 107.1 125.3 Printing and associated services - - 100.0 95.9 105.3 Oil refinery products - - 100.0 107.8 104.9 Basic chemicals - - 100.0 106.8 117.7 Other chemicals - - 100.0 100.0 108.6
(*) Excludes copper smelting and refining.
28 Central Bank of Chile
2000 2001 2002 2003 2004
Manufacture of rubber products - - 100.0 112.3 147.2
Manufacture of plastic
products - - 100.0 105.8 113.9 Manufacture of glass and its
products - - 100.0 102.8 114.7
Manufacture of non-metal mineral products n.c.p. - - 100.0 107.6 115.9
Basic iron and steel industry - - 100.0 98.3 119.5
Primary non-iron and precious metal products - - 100.0 116.8 154.3
Metal goods for structural use,
metal vessels, containers and tanks - - 100.0 94.0 86.2
Other metal goods, and
services provided to metal goods manufacturers - - 100.0 105.3 112.6
Machinery for general use - - 100.0 103.7 109.7
Machinery for special use - - 100.0 96.7 99.3 Domestic appliances n.c.p. - - 100.0 99.8 104.2
Engines, generators and
electrical transformers - - 100.0 90.6 172.0 Equipment for electric power
distribution and control - - 100.0 96.6 108.5
Manufacture of electric lamps - - 100.0 111.2 107.4 Medical instruments and
apparatus, and measurement,
testing, navigation and other apparatus except optical
instruments - - 100.0 177.0 197.8
Motorized vehicles - - 100.0 66.3 54.6 Parts, pieces and accessories
for motorized vehicles
and their engines - - 100.0 101.0 116.5 Furniture - - 100.0 99.7 95.8
Manufacturing industries n.c.p. - - 100.0 91.3 98.2
29 Statistical Synthesis of Chile 2000-2004
Manufacturing production and sales indices (2002=100) Production Sales 115
110
105
100
95
90 2002 2003 2004 Source: National Statistics Bureau (INE).
2000 2001 2002 2003 2004
General index of industrial production (M) (2000 average=100) 100.0 105.3 106.8 108.7 116.9
General index of industrial sales (M) (2000 average=100) 100.0 107.3 108.1 110.8 117.8
CONSTRUCTION
Delivery of construction materials (N)
Cement delivery (Thousands of bags of 42.5 kg) 79,454 82,654 81,451 85,233 89,355
Delivery of rounded iron bars to domestic market (Metric tons) 252,066 287,326 328,182 357,917 471,566
Pre-mixed concrete delivery (Cubic meters) 3,793,542 4,250,679 4,202,714 4,490,718 5,032,341
Intermediate goods for construction (M) (Annual average) (2000=100)
Production index 100.0 107.7 109.4 112.8 120.9
Sales index 100.0 108.2 110.6 112.1 119.3
30 Central Bank of Chile
2000 2001 2002 2003 2004
Average type construction cost index (N) 2,301.6 2,387.1 2,472.1 2,569.2 2,664.2 (Annual average) (December 1978=100)
Total built-up area (A) (*) 10,461.2 10,572.1 9,701.6 11,571.2 12,091.4 (Thousands of square meters) Housing 6,637.4 7,057.8 6,368.2 7,805.4 8,536.5 Manufacturing, trade and financial institutions 2,790.5 2,601.1 2,128.8 1,985.4 2,274.4 Services 1,033.3 913.1 1,204.6 1,780.4 1,460.4
Private sector 9,943.7 10,217.5 9,212.7 10,425.4 11,029.9
Housing 6,614.7 7,016.2 6,153.8 7,301.9 7,687.1 Manufacturing, trade and financial institutions 2,761.9 2,571.6 2,118.6 1,941.7 2,228.2 Services 567.1 629.7 940.4 1,181.8 1,114.6
Public sector 517.5 354.5 488.9 1,145.8 970.6
Housing 22.8 41.6 214.5 503.5 609.2 Manufacturing, trade and financial institutions 28.6 29.5 10.3 43.7 20.3 Services 466.2 283.5 264.2 598.6 339.7
Number of dwellings (A) 99,928 117,968 104,389 127,615 134,037 (Units)
Private sector 98,978 117,172 99,845 115,348 122,984 Public sector 950 796 4,544 12,267 11,053
Annually Built-up area, residential and non-residential nationwide (Millions of square meters) Residential Non-residential Total 12.0 10.0 8.0 6.0 4.0 2.0 0.0 2000 2001 2002 2003 2004
Source: National Statistics Bureau (INE).
(*) Building statistics refer to new works, that is, any building over a new built-up area, structurally and functionally isolated. Information referring to the private sector corresponds to approved construction permits extended by the corresponding Municipal Works Office. Public sector data gathers information from all public institutions which permanently carry on construction activities.
31 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
ENERGY
Installed electric power (O) (1) (MWh) (2)
Thermoelectric 6,244 6,788 6,989 7,307 (n.a.)
Hydroelectric 4,128 4,122 4,155 4,165 (n.a.)
Wind-powered 0222(n.a.)
Total 10,372 10,912 11,146 11,474 (n.a.)
Electric power generation (A) (3) (GWh) (2)
Thermoelectric 20,754 20,027 19,748 23,095 27,047
Public services 19,281 18,294 18,093 21,319 (n.a.)
Self-producers 1,473 1,733 1,655 1,776 (n.a.)
Hydroelectric 18,832 21,259 22,605 22,144 20,934
Public services 18,276 20,660 22,010 21,555 (n.a.)
Self-producers 556 599 595 589 (n.a.)
Total 39,586 41,286 42,353 45,239 48,681
(1) Generating capacity supplying the four interconnected electric systems (grids) covering the country –understood as Chile's South American territory, that is, excluding Chile's Antarctic and Pacific territories– namely, (i) the Northern Grid (SING) which extends from Arica to Antofagasta, covering 24.5% of the country; (ii) the Central Grid (SIC) which extends from Taltal in the north to the island of Chiloe in the south, covering 43% of the country, with 93% of the population; and (iii) the two independent grids of Aisén and Magallanes in the southermost part of Chile, which together cover 31.8% of the country, with only 1.6% of the population. (2) One megawatt hour (MWh) equals one million watt hours, and one gigawatt hour (GWh) equals one thousand megawatt hours. (3) Public services are the firms that generate power to sell to third parties. They are connected to the four grids suppying the country. Self-producers are the firms that generate electric power for their own consumption. (n.a.) Not available.
32 Central Bank of Chile
2000 2001 2002 2003 2004
Energy consumption according to source (O) 288,481 287,030 292,454 300,505 (n.a.) (Teracalories)
Electricity (1) 32,976 35,077 36,795 39,500 (n.a.)
Coal, coke and tar 37,454 30,438 31,749 32,543 (n.a.)
Petroleum by-products and natural gas 112,898 109,010 109,740 111,314 (n.a.)
Gas (2) 62,609 70,016 71,033 76,394 (n.a.)
Firewood and others 42,544 42,489 43,137 40,754 (n.a.)
Electric power delivery by type of consumer (A) (GWh) (3)
Residential 6,515 6,842 7,226 7,599 7,986
Commercial 3,480 3,892 4,084 4,565 5,101
Mining 13,410 13,824 14,575 15,648 16,567
Agriculture 623 676 684 789 902
Manufacturing 11,962 12,382 12,329 13,231 14,880
Other 3,520 3,856 4,438 4,026 4,114
Total 39,510 41,472 43,336 45,884 49,550
Oil by-products consumption (L) (Thousands of cubic meters)
Fuel oil 1,752.6 1,606.1 1,549.3 1,560.2 1,783.8
Diesel oil 4,855.7 4,916.7 5,023.3 5,202.0 5,592.5
Kerosene 295.3 241.5 212.6 164.8 159.2
Engine gasoline 3,211.6 3,049.3 3,005.8 2,933.9 2,939.9
Liquefied gas 1,806.3 1,742.4 1,759.8 1,695.5 1,739.7
(1) Electric caloric equivalence: 860 Kcal/KWh. (2) Includes common gas, smelting furnace gas, natural gas, methanol and biogas. (3) One megawatt hour (MWh) equals one million watt hours. One gigawatt (GWH) equals one thousand megawatt hours. (n.a.) Not available.
33 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
TRANSPORT
Terrestrial transport (A)
Passengers carried by bus according to route (Number of passengers) 48,751,539 47,192,369 49,851,700 (n.a.) (n.a.)
Railway Number of passengers 13,196,800 16,095,356 14,052,151 14,444,421 13,302,598 Freight in metric tons 21,981,903 22,514,277 20,495,305 22,778,848 25,309,499
Passengers carried by Santiago subway (Thousands) 207,823 202,490 198,864 203,280 231,764
Vehicle traffic 2,078,901 2,123,441 2,164,540 2,195,878 2,298,620 (Cars, station wagons) 1,139,471 1,172,572 1,190,614 1,220,150 1,303,554 (Pick-up trucks) 423,460 433,457 448,878 452,437 458,349
Airway traffic (A)
Domestic traffic (1)
Passengers 3,117,477 3,116,019 2,866,823 2,858,893 2,984,599
Freight (metric tons) 33,070 32,275 31,951 29,093 29,689
Chilean international traffic (*) Total Passengers 3,285,119 3,131,455 3,066,133 3,460,341 3,634,273 Freight (metric tons) 262,459 288,913 260,352 241,553 246,546 Chilean firms Passengers 1,709,137 1,758,847 1,654,670 1,995,672 2,094,167 Freight (metric tons) 157,823 157,725 136,612 138,450 134,440 Foreign firms Passengers 1,575,982 1,372,608 1,411,463 1,464,669 1,540,106 Freight (metric tons) 104,636 131,088 123,740 103,103 112,106
Freight carried by ship (A) (Thousands of metric tons)
Total 72,960 74,578 76,811 81,865 88,028 Loaded 43,573 48,217 47,637 51,666 53,543 Unloaded 29,387 26,361 29,174 30,199 34,485 To/from abroad navigation 53,962 52,370 53,756 57,521 64,390 Loaded 34,074 37,113 36,109 39,494 41,724 Unloaded 19,888 15,257 17,646 18,027 22,666 Coasting navigation 18,998 22,208 23,056 24,344 23,637 Loaded 9,499 11,104 11,528 12,172 11,819 Unloaded 9,499 11,104 11,528 12,172 11,819
(*) Includes arrivals and departures, and loaded and unloaded cargo. (n.a.) Not available.
34 Central Bank of Chile
2000 2001 2002 2003 2004
COMMUNICATIONS (A)
Mail handled by post office ordinary and registred documents (Thousands) National 353,505 351,873 333,285 335,944 339,942 International 22,756 21,273 20,896 20,122 20,906
Fixed telephone lines (Millions of minutes)
Local Local service 18,136 17,358 16,131 14,617 14,036 Time of internet connection 2,669 4,099 4,285 4,759 4,293 Long distance service National 2,516 2,470 2,214 2,029 1,980 International 357 474 211 209 213 Time of internet connection 2,350 3,378 3,100 2,538 1,848
Mobile phones (Millions of minutes)
National 4,982 6,424 7,484 8,074 9,233 International 28 44 60 57 66
TOURISM (A)
Number of tourism hotels (Average units) 1,133 1,128 1,144 1,086 1,091 Arrivals (Number of persons)
Within Chile 1,944,485 1,899,922 2,123,645 2,199,145 2,281,881 From abroad 937,465 883,460 779,311 849,769 963,326 Total 2,881,950 2,783,382 2,902,956 3,048,914 3,245,207
Overnight guests (Days)
Within Chile 3,926,299 3,871,892 4,308,191 4,878,971 4,749,717 From abroad 2,181,142 1,912,257 1,709,122 1,946,507 2,085,719 Total 6,107,441 5,784,149 6,017,313 6,825,478 6,835,436
Average overnight guests in tourism hotels
Chileans 2.0 2.0 2.0 2.2 2.1 Foreigners 2.3 2.2 2.2 2.3 2.2 Total 2.1 2.1 2.1 2.2 2.1
35 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
PRICES
Consumer price index (CPI) (A) (December 1998=100)
General index
Average 104.93 108.67 111.38 114.51 115.71 Change (*) 3.8 3.6 2.5 2.8 1.1
December 106.94 109.76 112.86 114.07 116.84 Change (*) 4.5 2.6 2.8 1.1 2.4
CPI Sub-indices (December of each year)
Food 100.87 102.93 106.55 105.67 105.86 Change (*) -0.1 2.0 3.5 -0.8 0.2
Housing 111.57 115.47 120.23 123.87 128.24 Change (*) 9.9 3.5 4.1 3.0 3.5
Household goods 96.36 96.42 96.43 94.12 93.39 Change (*) -2.6 0.1 0.0 -2.4 -0.8
Clothing 88.04 83.84 80.67 76.99 75.62 Change (*) -8.3 -4.8 -3.8 -4.6 -1.8
Transport 131.21 136.92 141.66 142.15 155.12 Change (*) 19.5 4.4 3.5 0.3 9.1
Health care 110.21 115.61 121.19 127.02 128.33 Change (*) 5.1 4.9 4.8 4.8 1.0
Education and recreation 108.76 114.13 117.99 122.59 125.82 Change (*) 4.3 4.9 3.4 3.9 2.6
Other 96.95 96.93 93.74 95.66 94.02 Change (*) -3.6 0.0 -3.3 2.0 -1.7
(*) Change on previous period.
36 Central Bank of Chile
2000 2001 2002 2003 2004
Wholesale price index (WPI) (A) (June 1992=100)
General index
Average 164.83 177.69 189.82 202.33 207.40 change (*) 11.4 7.8 6.8 6.6 2.5
December 171.96 177.34 195.84 193.82 208.86 change (*) 7.9 3.1 10.4 -1.0 7.8
WPI Sub-indices (December of each year)
Domestic products 172.28 173.59 192.36 195.28 212.18 Farming and fishing 162.00 159.47 182,47 180,73 197.70 Mining 181.54 177.73 208.99 215.45 262.39 Manufacturing 173.62 176.29 192.87 196.47 210.34
Imported products 171.02 188.47 206.16 189.48 198.95 Farming and fishing 147.34 167.60 170.28 149.54 148.51 Mining 214.48 169.04 243.96 229.09 302.07 Manufacturing 166.51 191.21 202.59 185.80 188.12
(*) Change on previous period.
Wholesale (WPI) and consumer price (CPI) indices (12-month percentage change)
CPI (December 1998 =100) 12.0 WPI (June 1992 =100)
8.0
4.0
-0.0 2000 2001 2002 2003 2004 -4.0 Source: National Statistics Bureau (INE).
37 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
Exchange value of some foreign currencies (D) (Pesos /foreign currency unit) (Annual average) United States Dollar (Observed) 539.49 634.94 688.94 691.40 609.53 Euro 497.87 568.65 651.78 780.14 757.12 Pound Sterling 816.72 914.55 1.036.06 1.127.77 1,116.18 Swis Franc 319.71 377.01 444.53 513.86 490.67 Yen 5.01 5.23 5.51 5.96 5.63
Quotation of some foreign currencies (Annual average per US$) US Dollar Swiss Franc Pound Sterling Euro
2.0
1.5
1.0
0.5 2000 2001 2002 2003 2004
0.0095
0.0090
0.0085
0.0080 Yen
0.0075 2000 2001 2002 2003 2004
Source: Central Bank of Chile.
2000 2001 2002 2003 2004
Exchange rate of some foreign currencies (P) (US$/foreign currency unit) (Annual average)
United States Dollar 1.0000 1.0000 1.0000 1.0000 1.0000
Euro 1.0846 1.1170 1.0622 0.8860 0.8052
Pound Sterling 0.6607 0.6944 0.6671 0.6127 0.5461
Swis Franc 1.6877 1.6870 1.5578 1.3453 1.2430
Yen 107.6840 121.4219 125.3085 115.9462 108.1538
38 Central Bank of Chile
2000 2001 2002 2003 2004
Prices of key commodities Refined copper LME US$/lb (1) 0.823 0.716 0.707 0.807 1.300
Crude oil Brent (P) (US$/barrel) 28.3 24.4 25.0 28.9 38.3 Gasoline in the US. (P) (US$/cubic meter) (2) 220.1 195.3 190.0 230.0 309.2 Pulp NBSK (P) (US$/metric ton) (3) 680.9 540.5 462.7 523.6 616.0 Gold ounce troy (P) (US$/oz) (4) 279.3 270.9 309.8 363.7 409.7 Silver ounce troy (P) (US$/oz) (4) 5.0 4.4 4.6 4.9 6.7
(1) London Metal Echange (LME) price of A grade (Settlement) copper. (2) Corresponds to Gulf 87-octane gasoline, reference price used by Enap to fix fuel prices in Chile. (3) Corresponds to long-fiber bleached pulp, Northern Bleached Softwood Kraft Pulp (NBSK). (4) The troy ounce is a unit of weight (twelfth part of a pound) equivalent to 31.103 g.
Annual average of copper price (US¢/ lb)
140 120 100 80 60 40 20 0 2000 2001 2002 2003 2004
Source: London Metal Exchange (LME).
2000 2001 2002 2003 2004
Stock exchange indices (Nominal value at last day of each year) General price index of shares (IGPA) (1) (30 December1980=100) Value 4,869.04 5,397.69 5,019.64 7,336.67 8,962.57 Percentage change -5.8 10.9 -7.0 46.2 22.2 Price index of selected shares (IPSA) (2) (30 December 2002=100) Value 1,084.41 1,183.12 1,000.00 1,484.80 1,796.48 Percentage change -3.6 9.1 -15.5 48.5 21.0 Inter-10 (3) (30 December 2003=100) Value 88.90 97.64 71.18 100.00 115.53 Percentage change -9.5 9.8 -27.1 40.5 15.5 Indexed unit of account (UF) (D) (Last day of each year) 15,769.92 16,262.66 16,744.12 16,920.00 17,317.05
(1) Includes almost all shares transacted in the Santiago Stock Market. Its purpose is to measure price changes of the associated firms through their equity value, grouped by type of activity. (2) Includes the 40-most transacted shares in the Santiago Stock Market, for each year, in order to measure their price changes. (3) Refers to the IPSA 10-most transacted shares via ADRs, for each quarter.
39 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
MONEY AND BANKING (D)
Monetary indicators (1)
Monetary base and private monetary aggregates (Annual average in billions of pesos)
Monetary base + Money in circulation 929.4 994,6 1,099.6 1,192.0 1,329.9 + D1 1,927.3 2,225.7 2,520.5 2,955.6 3,456.2 M1 2,856.7 3,220.3 3,620.1 4,147.6 4,786.0 + Dv + Ahv 369.0 469.9 594.3 881.0 1,308.0 M1A 3,225.7 3,690.2 4,214.3 5,028.6 6,094.1 + Dp 13,208.9 14,265.1 15,180.4 15,015.0 15,911.2 M2A 16,434.6 17,955.3 19,394.7 20,043.6 22,005.2 + Ahp 2,081.5 2,251.8 2,317.1 2,339.2 2,200.8 M3 19,851.9 21,851.6 23,396.4 23,660.3 25,157.3 + Central Bank of Chile instruments 8,851.8 9,352.9 8,914.3 9,122.5 8,306.5 M4 27,367.9 29,560.0 30,626.2 31,497.5 32,512.6 + Treasury promissory notes 0.0 0.0 0.0 25.9 356.6 M5 27,367.9 29,560.0 30,626.2 31,523.4 32,869.2 + Credit bills 5,017.7 5,356.4 5,466.0 5.743.5 5,595.7 M6 32,385.6 34,916.3 36,092.2 37,266.9 38,464.9 + Deposits in foreign currency 1,769.6 2,312.7 2,737.6 2,846.7 2,947.8 M7 34,155.3 37,229.0 38,829.7 40,114.5 41,412.7
Assets and liabilities of the banking sector (2) (Balance in billions of pesos)
Net foreign assets Central Bank's international reserves 8,653 9,449 10,936 9,500 8,965 Other 1,919 1,054 -837 -1,959 -1,808
Domestic credit Private sector 26,874 28,691 30,650 32,060 36,317 General Government (Net) 2,551 3,006 3,655 2,644 1,553 Other (Net) -3,176 -2,917 -5,488 -3,226 -2,824
Total 36,822 39,283 38,916 39,020 42,202 Private money and quasi-money (M7) Money (M1A) 4,146 4,420 5,062 5,793 7,149 Quasi-money Banks 23,456 24,836 25,459 24,630 27,624 Central Bank's instruments 9,220 9,469 8,395 8,600 7,429
(1) Monetary base includes banknotes, coins and checks issued by the Central Bank held by private sector and monetary reserves of banks and financial institutions. Money in circulation includes banknotes, coins and checks issued by the Central Bank freely circulating, net of float. M1: Private sector money C (Currency in circulation) + D1 (Deposits of the nonfinancial private-sector checking accounts net of float). M1A: M1 + Dv (Other demand deposits of the nonfinancial private sector, not included in checking accounts) + Ahv (Demand savings deposits). M2A: M1A + Dp (Time deposits of the private sector). M3: M2A + Ahp (Time savings deposits including those for housing). M4: M3 + Instruments of the Central Bank of Chile held by the nonfinancial private sector. M5: M4 + Treasury promissory notes held by the nonfinancial private sector. M6: M5 + Credit bills held by the nonfinancial private sector. M7: M6 + private-sector foreign-currency deposits. (2) Includes banks, financial institutions and the Central Bank of Chile.
40 Central Bank of Chile
2000 2001 2002 2003 2004
Loans by type of debtor (Q) (1) (Balance in billions of pesos) (2)
Commercial (3) 15,490 17,125 17,180 17,607 19,633 Consumption (3) 2,229 2,327 2,683 3,167 4,348 Housing 4,684 5,023 5,485 6,231 7,584 Foreign trade 2,581 2,914 3,066 2,901 3,388 Overdue 487 490 577 547 455 Other 2,595 2,392 2,684 3,027 2,425 Total 28,067 30,271 31,675 33,481 37,833
Domestic currency deposits (1) (Balance in billions of pesos)
Less than 30-day deposits 6,262 6,296 7,232 8,047 8,502 Over 30-day deposits 16,640 17,391 18,246 17,507 21,002 Sale of credit certificates with repurchase agreement 1,107 1,039 444 532 412 Liabilities in credit bills 5,732 6,348 6,006 6,230 5,820
Foreign currency deposits (4) (US$ million balance)
Demand deposits (5) 969.10 777.55 846.50 1,004.11 1,083.70 Time deposits (6) 2,999.70 3,550.29 3,325.32 3,922.00 4,562.30
INTEREST RATES (D) (Annual average)
30- to 89-day operations (7)
Deposits
Banks Nominal 8.82 6.01 3.73 2.70 1.92 Real 4.91 3.52 0.95 1.62 -0.47 Financial institutions Nominal 8.92 5.83 3.67 - - Real 5.01 3.34 0.89 - -
Loans
Banks Nominal 13.91 11.27 7.49 6.01 5.01 Real 9.98 8.77 4.70 4.93 2.61 Financial institutions Nominal 23.16 25.86 21.98 - - Real 18.70 23.33 19.15 - -
(1) Includes banks and financial institutions during the 1999-2003 period. (2) Total: domestic and foreign currencies. (3) Commercial and consumption loans include overdrafts. (4) Only banks. (5) Less than 30-day demand deposits. (6) Over 30-day demand deposits. (7) Annualized interest rates (360-day basis) by simple interest conversion.
41 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
90- to 365-day operations (*)
Deposits
Banks Adjustable 5.17 3.74 1.94 1.76 1.07 Nominal 8.13 6.38 4.10 3.24 2.40 Financial institutions Adjustable 5.35 3.58 1.93 - - Nominal 9.49 6.90 4.01 - -
Loans
Banks Adjustable 7.48 6.33 4.39 4.30 3.17 Nominal 18.66 16.69 14.35 12.96 10.98 Financial institutions Adjustable ----- Nominal 35.90 37.55 31.01 - -
International (Annual average)
Libor 180-day for operations in US$ 6.65 3.74 1.89 1.23 1.79
Prime for operations in US$ 9.23 6.98 4.68 4.12 4.33
Euribor for operations in US$ 4.78 4.11 3.50 2.34 2.27
(*) Annualized interest rates (360-day basis) by simple interest conversion.
Libor, Prime and Euribor on US dollar operations (Percent)
Libor (1) 10 Prime (2) 8 Euribor (2) 6 4 2 0 2000 2001 2002 2003 2004
(1) Annual average of monthly 180-day rates. (2) Annual average of monthly rates. Sources: Bloomberg and Reuters.
42 Central Bank of Chile
2000 2001 2002 (1) 2003 (1) 2004 (1)
BALANCE OF PAYMENTS (D) (2) (US$ million)
I. Current account -897.5 -1,100.2 -580.0 -1,102.1 1,389.7 A. Goods and services 1,400.1 999.2 1,684.1 2,904.7 8,438.9 Goods 2,118.9 1,843.5 2,385.6 3,521.9 9,019.2 Exports 19,210.2 18,271.8 18,179.8 21,523.6 32,024.9 Imports -17,091.4 -16,428.3 -15,794.2 -18,001.7 -23,005.7 Services -718.8 -844.2 -701.5 -617.1 -580.3 Credits 4,082.9 4,138.4 4,385.5 4,949.5 5,956.4 Debits -4,801.7 -4,982.6 -5,087.0 -5,566.7 -6.536.7 B. Income -2,855.5 -2,526.2 -2,846.7 -4,606.3 -8,100.6 Payroll -2.3 -3.8 -3.5 -3.5 -3.2 Investment income -2,853.2 -2,522.4 -2,843.2 -4,602.8 -8,097.4 Income from direct investment -1,971.4 -1,604.4 -2,157.9 -3,959.3 -7,390.7 Abroad 567.6 645.5 289.1 652.0 661.5 In Chile -2,539.0 -2,249.9 -2,447.0 -4,611.3 -8,052.2 Income from portfolio investment -402.1 -501.6 -459.4 -487.6 -702.4 Dividends -66.2 -118.2 -92.7 28.3 -245.9 Interest -335.9 -383.3 -366.6 -515.9 -456.6 Income from other investment -479.7 -416.4 -226.0 -155.9 -4.3 Credits 928.8 775.7 560.8 441.6 432.2 Debits -1,408.5 -1,192.1 -786.8 -597.6 -436.5 C. Current transfers 558.0 426.8 582.5 599.4 1,051.4 Credits 765.3 713.0 954.3 928.5 1,395.2 Debits -207.3 -286.2 -371.7 -329.1 -343.8
II. Capital and financial account 450.7 1,957.9 1,518.7 2,026.8 -328.3
A. Capital account 0.0 0.0 83.0 0.0 5.1 B. Financial account 450.7 1,957.9 1,435.7 -2,026.8 -333.4 Direct investment 873.4 2,590.0 2,206.8 2,501.3 6,659.8 Direct investment abroad (assets) -3,986.6 -1,609.7 -343.2 -1,884.1 -943.0 Equity capital -3,573.4 -1,111.3 309.6 -705.2 -135.8 Profits reinvestment -384.9 -330.6 -231.3 -535.8 -596.8 Other capital -28.3 -167.8 -421.4 -643.2 -210.3 Direct investment in Chile 4,860.0 4,199.8 2,549.9 4,385.4 7,602.8 Equity capital 2,817.1 3,423.9 1,309.2 1,442.1 1,115.4 Profits reinvestment 1,170.6 1,104.6 1,366.6 3,524.6 6,176.8 Other capital 872.4 -328.8 -125.9 -581.3 310.5 Portfolio investment 638.8 139.3 -2,317.3 -2,118.0 -3,433.8 Assets 766.1 -1,386.0 -3,315.8 -4,171.6 -4,557.0 Liabilities -127.3 1,525.3 998.5 2,053.7 1,123.2 Financial derivatives 2.2 -85.7 -123.7 117.8 -84.0 Assets 512.5 1,032.2 1,788.4 1,840.2 638.9 Liabilities -510.3 -1,117.9 -1,912.1 -1,722.4 -722.9 Other investment -726.9 -1,281.8 1,868.5 1,160.1 -3,666.2 Assets -2,064.6 -1,325.8 1,140.6 -384.4 -2,965.9 Commercial credits -1,134.5 -396.6 685.5 -996.0 -1,545.5 Loans -81.9 -193.1 427.0 43.6 0.4 Currency and deposits 1,502.7 647.8 28.1 628.1 -1,420.8 Other assets -2,350.9 -1,383.9 0.0 -60.1 0.0 Liabilities 1,337.7 44.0 727.9 1,544.5 -700.2 Commercial credits 271.4 -261.6 -59.6 -34.9 725.0 Loans 1,028.9 317.6 777.1 1,460.8 -1,339.6 Currency and deposits 1.1 34.9 12.3 120.8 -92.3 Other liabilities 36.3 -46.9 -1.9 -2.2 6.7 Reserves assets -336.7 596.1 -198.6 365.6 190.8
III. Errors and omissions 446.8 -857.7 -938.7 -924.7 -1,061.4 Balance of payments 336.7 -596.1 198.6 -365.6 -190.8
(1) Provisional figures. (2) Updated figures of the Balance of Payments calculated in accordance with the new methodological criteria established in the fifth edition of the IMF’s Balance of Payments Manual.
43 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 (*) 2003 (*) 2004 (*)
BALANCE OF TRADE BY PRODUCT Goods exports (US$ million fob) (D) I. General goods 18,679.2 17,839.5 17,792.5 21,034.0 31,476.3 A. General tariff regime 17,681.9 16,963.6 17,053.6 20,188.6 30,605.4 1. Mining 8,020.8 7,256.4 7,120.1 8,733.8 16,459.5 Copper 7,284.5 6,536.5 6,323.2 7,765.6 14,358.4 Iron 142.2 135.6 139.1 137.4 160.1 Nitrate and iodine 206.9 194.3 195.4 210.9 254.2 Metallic silver 88.2 93.9 89.9 93.9 113.5 Molybdenum oxide and ferromolybdenum 178.7 174.6 245.8 351.4 1,376.5 Lithium carbonate 53.0 51.8 57.2 64.3 66.9 Table salt and sea salt 22.5 37.8 29.1 46.2 37.3 Other 44.8 31.9 40.3 64.1 92.6 2. Agriculture, livestock forestry and fishing 1,693.0 1,727.2 1,794.2 2,090.4 2,354.6 Fruitgrowing 1,368.2 1,433.4 1,521.9 1,790.4 2,025.4 Grapes 677.3 661.7 681.7 752.4 854.7 Other agriculture 246.7 227.6 213.1 245.1 259.9 Corn seeds 68.1 66.5 65.5 68.1 72.3 Vegetable seeds 52.3 39.5 29.8 34.3 42.5 Forestry 51.7 39.9 35.5 27.8 38.3 Pine logs 1.9 1.8 3.8 1.1 3.3 Logs for pulp 30.2 22.6 16.5 11.3 8.4 Fish catch 26.4 26.3 23.8 27.2 30.9 Algae 24.3 23.1 22.5 26.6 30.3 3. Manufacturing 7,968.1 7,980.0 8,139.2 9,364.5 11,791.4 Foodstuffs 2,604.3 2,703.6 2,843.7 3,317.8 3,994.4 Fishmeal 232.3 254.8 321.8 370.5 338.3 Salmon and trout 943.8 937.2 971.9 1,130.5 1,398.5 Mollusks and crustaceans 215.4 199.5 213.7 218.4 273.8 Canned fish 97.9 92.0 80.8 104.9 121.0 Dehydrated fruit 90.6 82.5 89.9 103.7 133.8 Raisins 49.3 35.7 38.5 45.5 57.0 Tomato paste and juice 57.6 61.0 56.2 46.7 51.1 Sugar-free frozen fruit 57.0 48.5 50.7 76.9 112.4 Fruit juice 72.6 84.1 72.6 93.7 113.8 Canned fruit 54.9 47.2 51.8 63.7 78.4 Powdered drink 71.7 102.2 101.5 88.6 86.9 Pork meat 44.9 69.0 105.5 150.2 234.6 Beverages and tobacco 621.8 641.5 642.9 717.7 888.3 Wine 580,5 595.1 608.5 678.0 843.5 Forestry and wooden furniture 934.3 1,013.6 1,154.3 1,267.9 1,731.9 Beams and sawn wood of pine 320.7 331.9 399.0 451.5 638.4 Wood chips 133.7 148.1 122.7 130.3 137.3 Planed wood 119.6 150.3 193.3 204.5 333.4 Wooden fiber boards 111.9 124.1 134.9 173.3 230.4 Wooden grain boards 6.1 9.1 11.8 17.6 18.1 Woodwork 71.1 90.4 96.6 79.4 116.6 Wooden pallets 12.9 10.6 14.3 14.6 13.3 Pulp, paper and other 1,404.9 1,121.5 1,115.6 1,225.6 1,631.3 Unbleached pulp 152.1 137.7 139.0 125.4 140.5 Bleached pulp 923.5 649.9 677.2 759.2 1,077.2 Newsprint 104.2 110.0 88.5 93.0 118.3 Newspapers and publications 24.0 16.6 5.4 2.8 4.2 Smooth carboards 59.5 70.0 80.8 107.4 135.3 Chemicals 1,216.7 1,337.5 1,295.3 1,738.9 2,110.6 Methanol 323.5 330.1 335.0 446.9 510.5 Potassium nitrate 85.7 105.3 105.3 132.4 131.9 Perfumes, cosmetics and make up articles 41.1 64.3 61.5 59.8 67.0 Tires, tubes and sheaths 75.2 79.7 81.7 85.0 116.0 Basic metal industry 279.0 257.0 273.7 329.9 512.4 Copper wire 57.9 68.2 65.2 82.5 142.2 Metal products, machinery 659.1 651.2 592.9 535.4 650.2 and equipments Metal manufacturing 83.0 86.1 79.2 72.8 92.1 Transport materials 282.0 238.4 250.0 195.1 224.6 Other manufacturing 248.0 254.1 220.8 231.1 272.3 B. Duty free zone 997.3 875.9 739.0 845.4 870.9 II. Goods adquired in ports by carriers and other goods 188.0 168.8 131.0 188.2 228.9 III. Non-monetary gold 343.0 263.5 256.3 301.3 319.7 TOTAL (I+II+III) 19,210.2 18,271.8 18,179.8 21,523.6 32,024.9 (*) Provisional figures.
44 Central Bank of Chile
Exports and imports of goods
(US$ billion) Exports Imports 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 2000 2001 2002 2003 2004 Source: Central Bank of Chile.
Incidence of copper in Chilean exports (Percent) Copper 70.0 Non-copper 60.0 50.0 40.0 30.0 20.0 10.0 0.0 2000 2001 2002 2003 2004
Source: Central Bank of Chile.
45 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 (1) 2003 (1) 2004 (1)
Goods imports (US$ million cif) (D)
I. General goods 18,179.1 17,502.9 16,877.4 19,042.6 24,490.6
A. General tariff regime 17,026.4 16,398.7 15,890.8 17,752.6 23,026.8
1. Consumer goods 3,076.2 2,898.4 2,818.3 3,144.7 3,958.1
Durable goods (2) 1,170.3 995.5 1,001.7 1,186.1 1,562.1
Semidurable goods (3) 1,112.9 1,078.9 1,044.3 1,080.5 1,378.3
Other 793.0 824.0 772.3 878.1 1,017.7
2. Intermediate goods 10,520.2 9,951.0 9,614.8 10,955.9 14,384.3
Fuels and lubricants 2,864.8 2,588.8 2,462.7 3,100.2 4,396.9
Crude oil 1,993.8 1,726.8 1,615.1 2,125.6 2,874.6
Non-oil 871.0 862.0 847.6 974.6 1,522.3
Other 7,655.4 7,362.2 7,152.1 7,855.7 9,987.4
3. Capital goods 3,430.0 3,549.3 3,457.6 3,652.0 4,684.4
B. Duty free zone 1,152.7 1,104.2 986.6 1,290.0 1,463.8
II. Goods adquired in ports by carriers and other goods 286.2 296.2 268.6 338.2 380.6
III. Non-monetary gold 0.0 0.0 0.0 0.0 0.0
IV. Total imports of goods (cif) (I+II+III) 18,465.3 17,799.1 17,146.0 19,380.8 24,871.2
Less: freight and insurance 1,373.9 1,370.9 1,351.7 1,379.1 1,865.4
Total imports of goods (fob) 17,091.4 16,428.2 15,794.2 18,001.7 23,005.8
(1) Provisional figures. (2) Durable consumer goods are those that can be used for over a year and that have a relatively high value, as well as those that can be used for three years or more. (3) Semidurable consumer goods are those that can be used for more than a year but less than three years and that do not have a relatively high value.
46 Central Bank of Chile
2000 2001 2002(1) 2003(1) 2004(1)
Balance of trade by country (D) (2) (US$ million fob) Main groups of countries 2,913.1 2,744.9 3,354.3 4,750.2 10,525.2 United States and Canada -70.2 653.6 1,431.0 1,604.1 2,118.9 Canada -220.9 -126.1 -30.6 123.0 464.9 United States 150.7 779.7 1,461.6 1,481.2 1,654.0 Latin America -1,475.6 -1,533.4 -1,970.2 -2,748.0 -2,888.9 Laia -1,699.4 -1,783.8 -2,262.8 -3,181.8 -3,495.9 Argentina -1,991.3 -2,199.6 -2,539.8 -3,113.0 -3,342.2 Bolivia 138.9 121.9 120.8 104.8 94.1 Brazil -276.7 -538.4 -794.1 -995.1 -1,131.1 Colombia 48.4 67.3 84.5 98.9 44.8 Ecuador -71.7 124.1 171.9 226.5 199.3 Mexico 245.0 331.2 473.3 486.2 727.0 Paraguay -14.5 -37.2 -47.9 -11.7 -52.5 Peru 202.3 213.4 224.8 25.7 -150.6 Uruguay 6.7 11.6 -17.9 -40.4 -2.0 Venezuela 17.9 122.9 65.9 35.9 117.3 Other 223.8 250.4 292.6 433.8 607.0 Europe 1,911.9 1,786.5 1,508.2 2,170.1 4,847.4 EU (5) 1,842.2 1,672.9 1,469.6 2,005.4 4,500.9 Germany -111.3 -121.8 -247.7 -38.8 125.1 Austria -33.1 -24.0 -25.8 -40.8 -55.4 Belgium 274.1 128.5 108.0 178.0 234.0 Denmark -20.4 -4.9 -3.8 2.1 18.4 Spain -1.1 -78.4 20.1 92.1 265.1 Finland -19.9 -42.2 -45.1 -164.2 -68.6 France 216.2 63.4 55.9 186.7 809.3 Greece 45.2 37.6 55.5 89.6 119.7 Ireland -19.9 -17.0 -7.7 -8.1 0.0 Italy 424.6 395.6 533.1 569.1 939.9 Luxembourg -2.0 -5.3 -11.8 -11.9 -12.1 Netherlands 371.0 435.0 447.7 717.8 1,538.0 Portugal -27.4 -29.6 -27.9 -26.2 -24.3 United Kingdom 908.1 1,050.2 636.6 553.2 692.0 Sweden -149.3 -90.6 5.4 -64.0 -75.6 Other EU -12.6 -23.6 -22.9 -29.1 -4.7 Other 69.7 113.7 38.4 164.7 346.5 Asia 2,994.9 2,006.5 2,572.0 3,825.8 7,266.4 Main countries 3,000.4 2,026.8 2,624.6 3,805.6 7,207.7 Saudi Arabia 129.8 51.5 72.8 65.8 71.0 South Korea 312.4 36.9 305.1 554.4 1,196.7 China 34.8 82.3 219.5 699.5 1,531.6 United Arab Emirates 36.2 31.4 135.2 50.5 54.7 Philippines 39.8 32.2 32.1 42.3 48.2 Hong Kong 60.4 50.2 -11.5 17.0 76.5 India 59.4 43.0 103.9 168.3 319.9 Indonesia 36.6 -30.2 -8.3 7.3 46.1 Japan 1,891.4 1,631.9 1,459.8 1,811.0 2,990.4 Malaysia -6.6 -62.9 -44.8 -22.7 21.1 Singapore 14.4 3.2 13.6 23.5 33.9 Thailand -36.2 -33.3 -29.6 -32.7 36.7 Taiwan 427.9 190.9 376.9 421.4 780.9 Other -5.5 -20.3 -52.6 20.2 58.7 Africa -389.5 -128.8 -162.5 -146.0 -810.1 South Africa -10.4 -28.8 -10.9 7.9 -28.8 Other -379.2 -100.0 -151.6 -153.9 -781.4 Oceania -58.4 -39.6 -24.2 44.0 -8.5 Australia -37.2 -31.3 -24.3 28.8 -16.4 Other -21.2 -8.3 0.1 15.2 7.9 Others not assigned to economic regions 116.6 182.5 209.6 297.1 226.5 Customs balance (3) 3,029.7 2,927.4 3,564.0 5,047.2 10,751.7 Net adjustments (4) -910.8 -1,083.9 -1,307.6 -2,032.0 -1,707.5 Balance of trade (Total balance of payments) 2,118.9 1,843.5 2,256.4 3,521.9 9,019.1 (1) Provisional figures. (2) Figures correspond to exports fob less imports fob. (3) Correspond to exports and imports of the Customs National Services without adjustment. (4) Corresponds to trade balance of the duty-free zone, goods acquired in ports and other. (5) As from May 2004 ten new countries became members of the Europan Union: Cyprus, Slovaquia, Slovenia,Estonia, Hungary, Latvia, Lithuania, Malta, Poland and the Czech Republic.
47 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
FOREIGN DEBT
Gross foreign debt by term (D) (1) (US$ million)
I. Foreign debt (II + III) 37,177 38,538 40,675 43,396 43,764
1. Public sector 6,019 6,124 7,193 9,317 9,881 General Government (2) 2,512 2,959 3,620 4,586 4,732 Monetary authorities 62 15 12 10 17 Banks 226 55 149 328 291 Rest 3,219 3,095 3,412 4,393 4,841 2. Private sector 31,158 32,414 33,482 34,079 33,883 Banks 1,522 2,466 3,671 5,093 5,995 Rest 29,636 29,948 29,811 28,986 27,888 Non-banking financial firms 163 102 110 93 92 Non-financial firms 29,425 29,821 29,663 28,849 27,744 Households and non-profit organizations 48 25 38 44 52 II. Long-term foreign debt 31,005 33,248 34,852 35,892 36,057 1. Public sector 4,990 5,346 6,255 7,881 9,131 General Government (2) 2,512 2,959 3,620 4,586 4,732 Monetary authorities 2 2 1 1 1 Banks 225 54 50 15 227 Rest 2,251 2,331 2,584 3,279 4,171 2. Private sector 26,015 27,902 28,597 28,011 26,926 Banks 1,088 1,382 2,481 2,981 3,740 Rest 24,927 26,520 26,116 25,030 23,186 Non-banking financial firms 163 102 110 93 92 Non-financial firms 24,717 26,394 25,971 24,897 23,047 Households and non-profit organizations 47 24 35 40 47
III. Short-term foreign debt 6,172 5,290 5,823 7,504 7,707 1. Public sector 1,029 778 938 1,436 750 General Government (2) 0 0 0 0 0 Monetary authorities 60 13 11 9 16 Banks 1 1 99 313 64 Rest 968 764 828 1,114 670 2. Private sector 5,143 4,512 4,885 6,068 6,957 Banks 434 1,084 1,190 2,112 2,255 Rest 4,709 3,428 3,695 3,956 4,702 Non-banking financial firms 0 0 0 0 0 Non-financial firms 4,708 3,427 3,692 3,952 4,697 Households and non-profit organizations 1 1 3 4 5
(1) Nominal value at original term. (2) Includes private-sector debt with public guarantee.
48 Central Bank of Chile
2000 2001 2002 2003 2004
DIRECT FOREIGN INVESTMENT UNDER DECREE LAW 600 (R)
Direct actual foreign investment by economic activity (1) (US$ thousand) 3,038,954 6,016,671 3,381,533 1,286,153 5,004,176 Agriculture and livestock 23,303 10,466 1,744 200 277 Forestry 4,253 1,410 1,012 934 150 Fishing and aquaculture 92,470 5,235 0 10,000 2 Mining and quarrying 233,736 1,136,337 2,003,037 392,152 349,636 Food, beverages and tobacco 44,262 270,054 29,394 55,479 54,869 Wood and paper products 17,386 58,157 40,076 175,535 82,303 Chemicals, rubber and plastics 93,572 343,688 31,960 335 270,946 Other industries 85,660 136,972 107,119 2,982 19,525 Electricity, gas and water 859,772 907,595 473,087 150,069 2,193,400 Construction 28,578 164,496 138,245 28,902 119,109 Trade 142,389 110,289 81,826 43,394 17,135 Transport and storage 15,036 34,548 5,079 55,240 24,111 Communications 855,121 1,246,281 330,622 283,403 1,772,642 Financial services 262,944 120,504 60,061 44,306 11,618 Insurance 90,428 264,624 20,057 4,000 49,409 Engineering and business services 66,174 59,619 38,535 21,078 14,371 Sewage, sanitation and similar services 1,595 3,140 959 739 134 Other services 122,275 143,256 18,720 17,405 24,539
EMPLOYMENT AND WAGES (A) (2)
Employment
Total population (Thousands) (3) 15,211.3 15,402.0 15,589.1 15,773.5 15,955.6 Population under 15 4,320.8 4,320.0 4,314.8 4,308.5 4,302.2 Population aged 15 and over 10,890.5 11,082.0 11,274,4 11,465.0 11,653.4 Workforce (Thousands) 5,846.8 5,861.4 5,914.0 6,065.6 6,198.7 Employed 5,311.1 5,326.4 5,385.0 5,550.3 5,652.6 Unemployed 535.7 535.0 529.0 515.4 546.1 Laid off 458.8 449.8 445.2 435.3 464.4 Seeking employment for the first time 76.9 85.2 83.8 80.1 81.7 Passive (Thousands) 5,043.8 5,220.6 5,360.4 5,399.4 5,454.7 Unemployment rate (%) 9.2 9.0 9.0 8.5 8.8 Lay-off rate (%) 7.8 7.7 7.5 7.2 7.5
Employed population by economic activity (Thousands) 5,311.1 5,326.4 5,385.0 5,550.3 5,652.6 Agriculture 736.8 704.4 706.2 731.5 734.2 Mining 73.0 72.1 72.4 67.9 73.9 Manufacturing 758.1 756.8 766.9 796.2 796.4 Electricity, gas and water 30.7 29.8 31.1 31.4 32.4 Construction 389.1 413.4 427.4 429.6 439.7 Trade 998.2 1,011.4 1,042.4 1,052.7 1,065.4 Transport, storage and communications 424.6 427.1 446.7 474.4 462.2 Financial services 406.4 413.8 420.3 443.2 472.8 Community services 1,494.2 1,497.6 1,471.8 1,523.4 1,575.5 (1) Applications made each year according to DL 600 of October 1974 and DL 1748 of March 1977 and the amendments there to effected by laws 18,065, 18,474, 18,682, 18,840 and 18,904 published in the Official Gazette on 10 December 1981, 30 November 1985, 31 December 1987, 10 October 1989, and 25 January 1990 respectively. (2) Figures correspond to calendar moving quarters of each year. (3) Estimated at 30 June of each year, based on the 1992 census.
49 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
Employed population by category of occupation (Thousands) 5,311.1 5,326.4 5,385.0 5,550.3 5,652.5
Employer 165.8 155.8 158.7 166.2 181.7 Self-employed 1,299.1 1,340.6 1,357.9 1,458.9 1,438.5 Blue-collar workers 3,461.8 3,467.7 3,509.3 3,537.6 3,629.4 Service personnel 264.7 248.8 244.9 264.8 261.0 Family non-remunerated workers 119.7 113.4 114.2 122.7 121.9
Unemployment rate nationwide and by region
National 9.2 9.0 9.0 8.5 8.8
I Region of Tarapacá 9.5 10.8 10.9 9.6 8.7 II Region of Antofagasta 9.7 9.5 7.5 8,6 8.9 III Region of Atacama 9.7 9.5 10.6 10.3 9.9 IV Region of Coquimbo 7.7 9.4 7.1 7.3 8.9 V Region of Valparaíso 11.1 11.5 12.5 11.5 11.2 RMS Stgo. Metropolitan Region 9.8 8.8 8.3 8.5 9.3 VI Region of Libertador Gral. Bernardo O’Higgins 6.4 6.8 8.3 5.7 7.5 VII Region of Maule 9.5 11.7 12.1 10.5 8.8 VIII Region of Biobío 9.9 11.0 10.1 8.7 8.9 IX Region of La Araucanía 7.5 6.6 6.6 5.8 5.6 X Region of Los Lagos 5.3 6.2 6.3 6.6 6.1 XI Region Aisén del Gral. C. Ibáñez del Campo 4.0 4.8 5.3 5.5 5.9 XII Region of Magallanes y de La Antártica Chilena 6.9 6.5 6.8 6.6 7.0
National unemployment rate (Percent)
9.4 9.2 9.0 8.8 8.6 8.4 8.2 8.0 2000 2001 2002 2003 2004
Source: National Statistics Bureau (INE).
50 Central Bank of Chile
2000 2001 2002 2003 2004
Wages (A) (Annual averages)
Nominal index of wages (1) 204.24 214.96 224.76 233.23 239.99 (April 1993 = 100) Percentage change 5.28 5.25 4.56 3.77 2.30
Real index of wages (2) 127.50 129.56 132.19 133.42 135.85 (April 1993 = 100) Percentage change 1.38 1.62 2.03 0.93 1.82
Nominal index of labor cost (3) 194.97 204.82 214.57 222.27 229.39 (April 1993 = 100) Percentage change 4.69 5.05 4.76 3.59 3.20
Minimum wage (E) (4) (In pesos of December of each year) 100,000 105,500 111,200 115,648 120,000
Nominal mean wage (1) 240,025 249,472 256,899 265,826 273,368 (In pesos)
Real mean wages (1) 149,849 150,372 151,097 152,063 154,756 (In pesos of April 1993) Percentage change 1.13 0.35 0.48 0.64 1.77
Nominal mean wage by occupational category 240,025 249,472 256,899 265,826 273,368 (In pesos)
Executives 1,064,262 1,096,428 1,141,231 1,155,830 1,164,376 Professionals 629,861 663,783 699,741 731,407 763,760 Technicians 395,571 418,150 435,532 451,610 465,327 Administrative staff 300,033 314,362 324,913 333,145 341,225 Personal services and security workers 172,572 174,850 178,287 183,983 190,086 Commerce employees 157,074 161,250 162,748 165,024 165,757 Skilled workers 237,550 244,676 248,918 257,093 266,961 Machinery workers 202.321 204,537 200,301 206,408 208,443 Unskilled workers 167.553 173,209 177,060 183,726 186,899
Nominal mean cost (3) 398,401 415,190 431,422 446,712 459,721 (In pesos)
(1) The concept of earning refers to the set of payments in money and in kind of monetary value that an employee should receive from his employer according to a work contract for his work and function. Expenses incurred to the employer, corresponding to reimbursement of expenses incurred to the employee due to the work itself and any sporadic payment that the employer might make, are excluded. (2) Figures deflated by consumer price index (CPI). (3) The labor cost results from the salaries paid plus the cost to the employer of refunding expenses incurred to the employee, costs of training and staff welfare services, less certain social security payments that the employer has to make (for example family allowances given by the state). Any indemnization paid to the employee for termination of contract and any sporadic payments are excluded. (4) Corresponds to the minimum legal amount an employer must pay to any private-sector worker between 18 and 65 years old, not included in any special category of work. This amount is used to calculate the worker's minimum legal contribution to his pension fund.
51 Statistical Synthesis of Chile 2000-2004
2000 2001 2002 2003 2004
Real mean cost (6) 261,402 252,575 245,942 238,667 239,858 (In pesos of April 1993) Percentage change -6.61 -3.38 2.63 -2.96 0.50
Nominal mean cost by occupational category 398,401 415,190 431,422 446,712 459,721
Executives 1,792,031 1,848,329 1,921,206 1,927,234 1,930,862 Professionals 767,497 806,445 847,629 884,071 918,006 Technicians 506,989 535,343 563,975 590,174 607,459 Administrative staff 397,179 412,824 425,070 433,849 443,525 Personal services and security workers 221,151 222,651 227,041 236,379 246,399 Commerce employees 234,763 241,491 246,210 247,706 248,405 Skilled workers 318,013 329,769 341,137 357,322 375,962 Machinery workers 264,194 272,581 274,844 284,882 290,688 Unskilled workers 195,042 202,269 209,124 218,863 223,804
SOCIAL INDICATORS
Years of school attendance of economically active population (S) (1) 10.8 10.9 10.9 11.0 11.2 Men 10.4 10.5 10.5 10.7 10.9 Women 11.5 11.6 11.6 11.6 11.9
Illiteracy rate (S) (2) 3.83 3.79 3.69 (n.a.) (n.a.)
School attendance by educational level (S) (3) Primary school 97 97 97 (n.a.) (n.a.) High school 84 85 87 (n.a.) (n.a.)
Number of births (A) (4) 261,993 259,069 251,559 246,827 (n.a.)
Number of deaths (A) 78,814 81,873 81,079 83,672 (n.a.)
Birth rate (per 1,000 people) (A) 17.2 16.8 16.1 15.6 (n.a.) Mortality rate (per 1,000 people) (A) 5.2 5.3 5.2 5.3 (n.a.) Infant mortality rate 8.9 8.3 7.8 7.8 (n.a.) (per 1,000 people) (A) (5)
(1) Average of effective years of school attendance by the employed workforce, which is 15 year of age and older. Each year's average has been calculated by the Publications Department of the Central Bank of Chile on the basis of the quarterly results published by INE's National Employment Surveys. (2) Percentage of population 15 year of age and older unable to read and write a short sentence. (3) Ratio between the number of effective registered schoolchildren at a given level and the corresponding age group of the national population. (4) Revised figures of births registered during the corresponding year and the first quarter of the following year. (5) Number of deaths of less than one-year old infants, per 1,000 newborns. (6) The labor cost results from the salaries paid plus the cost to the employer of refunding expenses incurred to the employee, costs of training and staff welfare services, less certain social security payments that the employer has to make (for example family allowances given by the state). Any indemnization paid to the employee for termination of contract and any sporadic payments are excluded. (n.a.) Not available.
52 Central Bank of Chile
2000 2001 2002 2003 2004
Population percentage share by type of health insurance (T) (1) 100.0 100.0 100.0 100.0 100.0 Public insurance (2) 66.4 67.2 67.5 68.3 68.6 Private insurance (3) 20.2 19.5 18.5 17.6 16.8 Other (4) 13.4 13.3 14.0 14.1 14.6
SELECTED WELFARE INDICATORS
Number of cars per 1,000 people (A) 87 89 89 91 95
Telephone lines in service per 1,000 people (U) 217 226 222 206 208
Mobile phone users per 1,000 people (U) 224 342 413 477 600
Electric power consumption per capita (O) 703 775 800 834 (n.a.)
Liquefied gas consumption per capita (O) 59 58 54 54 (n.a.)
(1) Percentage calculated by the source on the basis of the estimated population at December of each year. (2) Includes all beneficiaries from the public health insurance administrated by the Fondo Nacional de Salud, Fonasa (national health fund) at December of each year. (3) Includes all beneficiaries of the private health insurance administrated by the system of health insurance institutions (Isapres) at December of each year. (4) Includes individuals and members of the Armed Forces, not covered by the public or private health systems. (n.a.) Not available.
53 Statistical Synthesis of Chile 2000-2004
SOURCES
( A ) Instituto Nacional de Estadísticas (INE) / National Statistics Bureau. ( B ) Dirección Meteorológica de Chile / National Meteorological Division. ( C ) Ministerio de Salud / Ministry of Health. ( D ) Banco Central de Chile / Central Bank of Chile. ( E ) Ministerio de Hacienda / Ministry of Finance. ( F ) Ministerio de Agricultura, Oficina de Estudios y Políticas Agrarias (Odepa) / Ministry of Agriculture, Office for Agricultural Research and Policies. ( G ) Ministerio de Agricultura, Corporación Nacional Forestal (Conaf) / Ministry of Agriculture, National Forestry Agency. ( H ) Instituto Forestal (Infor), filial Corfo / Forestry Institute, Corfo affiliate. ( I ) Ministerio de Economía, Fomento y Reconstrucción, Servicio Nacional de Pesca (Sernapesca) / Ministry of Economics, Development and Reconstruction, National Fishing Service. ( J ) Comisión Chilena del Cobre (Cochilco) / Chilean Copper Commission. ( K ) Servicio Nacional de Geología y Minería (Sernageomín) / National Geological and Mining Service. ( L ) Empresa Nacional del Petróleo (Enap) / National Petroleum Corporation. ( M ) Sociedad de Fomento Fabril (Sofofa) / Manufacturing Development Association. ( N ) Cámara Chilena de la Construcción (CChC) / Chilean Chamber of Builders. ( O ) Comisión Nacional de Energía (CNE) / Chilean Energy Commission. ( P ) Bloomberg / Bloomberg. ( Q ) Superintendencia de Bancos e Instituciones Financieras (SBIF) / Superintendency of Banks and Financial Institutions. ( R ) Comité de Inversiones Extranjeras (CIE) / Foreign Investment Committee. ( S ) Ministerio de Educación Pública / Ministry of Public Education. ( T ) Fondo Nacional de Salud (Fonasa) / National Health Fund. ( U ) Subsecretaría de Telecomunicaciones / Undersecretary of Telecommunications. ( V ) Servicio Agrícola y Ganadero (SAG) / Agricultural and Livestock Services.
54 PUBLICATION PREPARED AND EDITED BY THE PUBLICATIONS DEPARTMENT COMMUNICATIONS MANAGEMENT CENTRAL BANK OF CHILE
ISSN : 0716-2464
Edition : 1,400 copies
Printed in Chile Editora e Imprenta Maval Ltda. Agustinas 1180 - Santiago Postal Office Box 967 - Santiago Zip code 834-0454 Santiago Telephone: 56-2-670 2000 Fax: 56-2-670 2231 www.bcentral.cl [email protected] September 2005 C E O N T C R N
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Statistical Synthesis of Chile 2000 - 2004