Chile recorded a Government Budget deficit equal to 1.60 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance, Government of Chile

Government Budget in Chile averaged 0.39 percent of GDP from 2000 until 2019, reaching an all time high of 8.82 percent of GDP in 2007 and a record low of -4.50 percent of GDP in 2009. This page provides - Chile Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Government Budget - values, historical data and charts - was last updated on April of 2021.

Government Budget in Chile is expected to reach -3.20 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Government Budget is projected to trend around -3.10 percent of GDP in 2022 and -2.30 percent of GDP in 2023, according to our econometric models.

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Chile Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -2.70 8.82 -4.50 2000 - 2019 percent of GDP Yearly

Chile Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.00 27.90 37.40 3.90 percent [+]
Government Budget -1.60 -2.70 8.82 -4.50 percent of GDP [+]
Government Budget Value -538564.30 199921.40 2960825.50 -2936043.10 CLP Million [+]
Government Spending 5695.45 5335.93 5911.84 1371.00 CLP Billion [+]
Government Revenues 3557846.30 4263951.42 6511074.24 166447.88 CLP Million [+]
Fiscal Expenditure 4096410.60 4064029.99 6255481.00 751218.00 CLP Million [+]
Credit Rating 76.00 [+]
Military Expenditure 5562.00 5546.00 5562.00 119.00 USD Million [+]


Chile Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.