Government Debt to GDP in Chile increased to 33 percent in 2020 from 27.90 percent in 2019. source: Ministry of Finance, Government of Chile

Government Debt to GDP in Chile averaged 16.33 percent from 1991 until 2020, reaching an all time high of 37.40 percent in 1991 and a record low of 3.90 percent in 2007. This page provides - Chile Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Government Debt to GDP - values, historical data and charts - was last updated on July of 2021.

Government Debt to GDP in Chile is expected to reach 37.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Government Debt to GDP is projected to trend around 40.00 percent in 2022, according to our econometric models.

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Chile Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
33.00 27.90 37.40 3.90 1991 - 2020 percent of GDP Yearly

Chile Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.00 27.90 37.40 3.90 percent of GDP [+]
Government Budget -7.10 -1.60 8.82 -7.10 percent of GDP [+]
Government Budget Value -3347283.20 1411002.00 2960825.50 -3347283.20 CLP Million [+]
Government Spending 4477.19 5695.45 5911.84 1371.00 CLP Billion [+]
Government Revenues 2991150.76 6817229.27 6817229.27 166447.88 CLP Million [+]
Fiscal Expenditure 6338433.98 5406227.32 6338433.98 751218.00 CLP Million [+]
Credit Rating 76.00 [+]
Military Expenditure 5036.00 5182.00 5196.00 112.00 USD Million [+]

Chile Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.