Government Spending in Chile increased to 5695.45 CLP Billion in the fourth quarter of 2020 from 5335.93 CLP Billion in the third quarter of 2020. source: Central Bank of Chile

Government Spending in Chile averaged 3157.92 CLP Billion from 1996 until 2020, reaching an all time high of 5911.84 CLP Billion in the fourth quarter of 2018 and a record low of 1371 CLP Billion in the first quarter of 1996. This page provides - Chile Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Government Spending - values, historical data and charts - was last updated on April of 2021.

Government Spending in Chile is expected to be 5597.00 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 5798.00 in 12 months time. In the long-term, the Chile Government Spending is projected to trend around 6260.00 CLP Billion in 2022 and 6467.00 CLP Billion in 2023, according to our econometric models.

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Chile Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
5695.45 5335.93 5911.84 1371.00 1996 - 2020 CLP Billion Quarterly
Constant Prices, NSA

Chile Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.00 27.90 37.40 3.90 percent [+]
Government Budget -1.60 -2.70 8.82 -4.50 percent of GDP [+]
Government Budget Value -538564.30 199921.40 2960825.50 -2936043.10 CLP Million [+]
Government Spending 5695.45 5335.93 5911.84 1371.00 CLP Billion [+]
Government Revenues 3557846.30 4263951.42 6511074.24 166447.88 CLP Million [+]
Fiscal Expenditure 4096410.60 4064029.99 6255481.00 751218.00 CLP Million [+]
Credit Rating 76.00 [+]
Military Expenditure 5562.00 5546.00 5562.00 119.00 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.