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

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 July of 2020. source: Ministry of Finance, Government of Chile

Government Budget in Chile is expected to reach -4.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Government Budget is projected to trend around -2.50 percent of GDP in 2021 and -1.70 percent of GDP in 2022, 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 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 -2738094.20 240902.00 2960850.30 -2738094.20 CLP Million [+]
Government Spending 4387.36 5544.14 5984.97 1371.00 CLP Billion [+]
Government Revenues 1107647.60 4319719.00 6511074.24 166447.88 CLP Million [+]
Fiscal Expenditure 3845741.76 4078817.00 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
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.