Government Spending in Chile increased to 5574.06 CLP Billion in the third quarter of 2019 from 5555.06 CLP Billion in the second quarter of 2019. Government Spending in Chile averaged 3044.42 CLP Billion from 1996 until 2019, reaching an all time high of 5849.50 CLP Billion in the fourth quarter of 2018 and a record low of 1371 CLP Billion in the first quarter of 1996. source: Central Bank of Chile

Government Spending in Chile is expected to be 4472.00 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 5630.00 in 12 months time. In the long-term, the Chile Government Spending is projected to trend around 5915.00 CLP Billion in 2020, according to our econometric models.

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Chile Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
5574.06 5555.06 5849.50 1371.00 1996 - 2019 CLP Billion Quarterly
Constant Prices, NSA

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.

Chile Government Last Previous Highest Lowest Unit
Government Debt to GDP 25.60 23.50 37.40 3.90 percent [+]
Government Budget -1.70 -2.80 8.82 -4.50 percent of GDP [+]
Government Budget Value -664074.80 -584564.50 2960850.30 -2358474.60 CLP Million [+]
Government Spending 5574.06 5555.06 5849.50 1371.00 CLP Billion [+]
Government Revenues 3422133.49 3272146.53 6511074.24 166447.88 CLP Million [+]
Fiscal Expenditure 4086208.24 3856711.00 6070707.52 751218.00 CLP Million [+]
Credit Rating 80.00 [+]
Military Expenditure 5382.00 5370.00 5382.00 115.00 USD Million [+]