Government Spending in Chile increased to 5366.01 CLP Billion in the third quarter of 2020 from 5173.18 CLP Billion in the second quarter of 2020. source: Central Bank of Chile

Government Spending in Chile averaged 3137.14 CLP Billion from 1996 until 2020, reaching an all time high of 5984.97 CLP Billion in the fourth quarter of 2018 and a record low of 1371 CLP Billion in the first quarter of 1996. This page provides - Chile Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Government Spending - values, historical data and charts - was last updated on March of 2021.

Government Spending in Chile is expected to be 5322.00 CLP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Chile to stand at 5620.00 in 12 months time. In the long-term, the Chile Government Spending is projected to trend around 5562.00 CLP Billion in 2021 and 5745.00 CLP Billion in 2022, according to our econometric models.

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Chile Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
5366.01 5173.18 5984.97 1371.00 1996 - 2020 CLP Billion Quarterly
Constant 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 -1918624.60 -646779.20 2960825.50 -2936043.10 CLP Million [+]
Government Spending 5366.01 5173.18 5984.97 1371.00 CLP Billion [+]
Government Revenues 4336856.44 3630631.29 6511074.24 166447.88 CLP Million [+]
Fiscal Expenditure 6255481.00 4277410.52 6255481.00 751218.00 CLP Million [+]
Credit Rating 78.00 [+]
Military Expenditure 5382.00 5370.00 5382.00 115.00 USD Million [+]

Chile Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.