Chile recorded a government budget deficit of 1279821.60 CLP Million in July of 2020.

Government Budget Value in Chile averaged -53602.33 CLP Million from 2003 until 2020, reaching an all time high of 2960825.50 CLP Million in April of 2019 and a record low of -2738094.20 CLP Million in May of 2020. This page provides - Chile Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Government Budget Value - values, historical data and charts - was last updated on September of 2020. source: Direccion De Presupuestos, Chile

Government Budget Value in Chile is expected to be -300000.00 CLP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Chile to stand at -300000.00 in 12 months time. In the long-term, the Chile Government Budget Value is projected to trend around -285724.00 CLP Million in 2021 and -285717.00 CLP Million in 2022, according to our econometric models.

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Chile Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1279821.60 -1963624.90 2960825.50 -2738094.20 2003 - 2020 CLP Million Monthly
Current Prices, NSA

Chile Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.90 25.60 37.40 3.90 percent [+]
Government Budget -1.60 -2.70 8.82 -4.50 percent of GDP [+]
Government Budget Value -1279821.60 -1963624.90 2960825.50 -2738094.20 CLP Million [+]
Government Spending 5276.97 4378.07 5984.97 1371.00 CLP Billion [+]
Government Revenues 3257323.20 2249732.80 6511074.24 166447.88 CLP Million [+]
Fiscal Expenditure 4537144.77 4213357.65 6070707.52 751218.00 CLP Million [+]
Credit Rating 78.00 [+]
Military Expenditure 5382.00 5370.00 5382.00 115.00 USD Million [+]

Chile Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.