Chile recorded a Government Budget deficit equal to 2.8% of the country's Gross Domestic Product in 2025. Government Budget in Chile averaged -0.61 percent of GDP from 2000 until 2025, reaching an all time high of 8.00 percent of GDP in 2007 and a record low of -7.70 percent of GDP in 2021. source: Ministry of Finance, Government of Chile

Government Budget in Chile is expected to reach -4.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Government Budget is projected to trend around -4.00 percent of GDP in 2027 and -3.90 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 73.00 May 2026
Fiscal Expenditure 7550133.00 7834954.00 CLP Million Apr 2026
Government Budget -2.80 -2.90 percent of GDP Dec 2025
Government Budget Value 4044059.00 -1759534.00 CLP Million Apr 2026
Government Debt to GDP 41.50 41.70 percent of GDP Dec 2025
Government Revenues 11594192.00 6075420.00 CLP Million Apr 2026
Government Spending 7906.95 9439.76 CLP Billion Mar 2026
Holidays
Military Expenditure 5327.90 5506.70 USD Million Dec 2025


Chile Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-2.80 -2.90 8.00 -7.70 2000 - 2025 percent of GDP Yearly