The Chilean economy's savings rate grows and the debt of households and businesses falls in 2024 - La Tercera

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The Central Bank published the new report on national accounts by institutional sector, which reports on the evolution of savings, investment and sectoral financing during 2024.In the report, the Central Bank highlighted that, in 2024, national income and consumption grew by 9.4% and 6.8% per year, respectively, so that the savings of the Chilean economy reached 21.8% of the Gross Domestic Product (GDP), higher by 1.6 percentage points (pp.) com…

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By sector, this rate was explained by the higher savings of non-financial corporations, and to a lesser extent, by households and financial corporations, which was partially offset by the decline in savings of the general government.