Makrognosis

Chile Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:CL

Model score71 / 1009 Nov 2026
Grade equivalentA-model-implied
BandInvestment grade0–100 scale, 100 = strongest
Rank32nd of 84economies scored

Makrognosis sovereign credit model scores Chile at 71 out of 100 as of 9 November 2026, equivalent to A- on the familiar letter scale — investment grade.

The score is up 4.1 points from 67 on 1 October 2026.

That places Chile 32nd of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 43.0% of GDP, a fiscal balance of −2.0% of GDP, a current account balance of −1.2% of GDP.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Chile sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026666870727476Robomacro
Chile sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202670.8A-
1 October 202666.7BBB+
31 July 202666.7BBB+
30 July 202672.1A-
26 July 202671.8A-
21 June 202675.9A
18 June 202668.2A-
Get the Chile sovereign risk score in your code

Score, grade equivalent and inputs for 84 economies. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/credit/CL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/CL",
                 headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docs

What drives the score

The model's published inputs for Chile, from official national and international statistics.

InputValueVintage
GDP per capitaUS$17,9952026
Real GDP growth, 5-year average3.9%2026
Inflation, recent average3.6%2026
Government debt43.0% of GDP2026
Fiscal balance−2.0% of GDP2026
Current account balance−1.2% of GDP2026
Foreign-exchange reserves4.2 months of imports2026
Governance (World Bank WGI composite)0.7762026

How Chile compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
27Italy9 Nov 202676
28Uruguay9 Nov 202675
29Portugal9 Nov 202675
30Poland9 Nov 202673
31Czech Republic9 Nov 202672
32Chile9 Nov 202671
33Israel9 Nov 202669
34Qatar9 Nov 202669
35Taiwan9 Nov 202668
36United Arab Emirates9 Nov 202668
37Malaysia9 Nov 202667
38Bahamas9 Nov 202667

All 84 economies ranked →

Chile economic indicators

Chile GDP (Gross Domestic Product)Chile Nominal GDP at current prices, linked series ref 2018 (BCCh SI3, quarterly)Chile Inflation Rate (CPI)Chile Core Inflation RateChile Unemployment RateChile Industrial ProductionChile Exports of goods FOB (Banco Central de , USD mn)Chile Imports of goods CIF (Banco Central de , USD mn)Chile Government Debt to GDPChile 10-Year Government Bond YieldChile CLP per USD, calendar-month average of the official daily dólar observado (BCCh)Chile Central government debt stock total (BCCh SI3, USD million, quarterly)Chile Chilean Peso per US Dollar (CLP/USD; Banco Central de daily dólar observado)Chile GDP implicit deflator, reference 2018 (BCCh)Chile GDP in US DollarsChile IMACEC monthly economic activity index (BCCh SI3)

FAQ

What is Chile's credit rating?
Makrognosis sovereign credit model scores Chile at 71/100 as of 9 November 2026, equivalent to A- (investment grade). This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.
How is the sovereign risk score calculated?
A statistical model scores each economy from published inputs — government debt and fiscal balance, current account and external debt, GDP per capita and growth, inflation, reserves and governance — on a 0–100 scale where 100 is the strongest credit. It is re-run as the inputs update.
Where can I get the data?
Through the Makrognosis API: GET /v1/credit/CL returns the score history and inputs; /v1/credit/universe lists every economy.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Last assessed 2026-11-09. Source: Makrognosis sovereign credit model.