Government Spending in Chile decreased to 4477.19 CLP Billion in the first quarter of 2021 from 5695.45 CLP Billion in the fourth quarter of 2020. source: Central Bank of Chile

Government Spending in Chile averaged 3170.98 CLP Billion from 1996 until 2021, 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 August of 2021.

Government Spending in Chile is expected to be 5751.00 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 4603.00 in 12 months time. In the long-term, the Chile Government Spending is projected to trend around 6083.00 CLP Billion in 2022 and 6284.00 CLP Billion in 2023, according to our econometric models.

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Chile Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4477.19 5695.45 5911.84 1371.00 1996 - 2021 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 of GDP [+]
Government Budget -7.10 -1.60 8.82 -7.10 percent of GDP [+]
Government Budget Value -2277783.40 -3347283.20 2960825.50 -3347283.20 CLP Million [+]
Government Spending 4477.19 5695.45 5911.84 1371.00 CLP Billion [+]
Government Revenues 3713341.03 2991150.76 6817229.27 166447.88 CLP Million [+]
Fiscal Expenditure 5991124.39 6338433.98 6338433.98 751218.00 CLP Million [+]
Credit Rating 76.00 [+]
Military Expenditure 5036.00 5182.00 5196.00 112.00 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.