Chile recorded a Government Budget deficit equal to 2.80 percent of the country's Gross Domestic Product in 2024. Government Budget in Chile averaged -0.52 percent of GDP from 2000 until 2024, 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 -2.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Government Budget is projected to trend around -1.50 percent of GDP in 2026 and -1.20 percent of GDP in 2027, according to our econometric models.