Description

As from issue number 50, the Series of Economic Studies of the Central Bank of Chile will be called Studies in Economic Statistics.

Quarterly national accounts figures are subject to revisions according to new available information and methodological changes. This document performs a statistical analysis of the revisions to the Chilean quarterly national accounts figures for the period 2006 to 2019. We find that the quarterly GDP annual growth does not present biases in its first version versus its later versions, with an average revision of 0.52 percentage points in absolute terms between the first and latest version.