Government Spending in Chile increased to 5570.80 CLP Billion in the second quarter of 2019 from 4446.21 CLP Billion in the first quarter of 2019. Government Spending in Chile averaged 3017.68 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.

Government Spending in Chile is expected to be 5650.00 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 4557.00 in 12 months time. In the long-term, the Chile Government Spending is projected to trend around 6429.00 CLP Billion in 2020, according to our econometric models.

Chile Government Spending
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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 -899423.90 -2268880.40 2966237.80 -2358474.60 CLP Million [+]
Government Spending 5570.80 4446.21 5849.50 1371.00 CLP Billion [+]
Government Revenues 2956387.72 1449394.68 6511018.90 166447.90 CLP Million [+]
Fiscal Expenditure 3855811.57 3718275.08 6070707.52 751218.00 CLP Million [+]
Credit Rating 78.14 [+]
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. This page provides - Chile Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Government Spending - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5570.80 4446.21 5849.50 1371.00 1996 - 2019 CLP Billion Quarterly
Constant Prices, NSA




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