Chile recorded a Government Budget deficit equal to 1.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Chile averaged 0.60 percent of GDP from 2000 until 2018, 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. source: Ministry of Finance, Government of Chile

Government Budget in Chile is expected to be -1.30 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Government Budget is projected to trend around -0.80 percent of GDP in 2020, according to our econometric models.

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Chile Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.70 -2.80 8.82 -4.50 2000 - 2018 percent of GDP Yearly


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.

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 [+]