Expense in Chile
Chile: Expense was 24.6% in 2023. ▼ Falling
Expense in Chile, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Chile is 24.6%, measured in 2023.
Compared with earlier readings it is up 1.8% on the previous year and up 21.6% over ten years.
Over the whole period, expense in Chile peaked at 31.8% in 1972 and was at its lowest, 15.0%, in 1995.
That places Chile 88th out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.3% | 23.5% | 31.8% | 8 |
| 1980s | 24.4% | 17.6% | 30.4% | 10 |
| 1990s | 16.5% | 15.0% | 18.7% | 10 |
| 2000s | 18.7% | 15.9% | 21.3% | 10 |
| 2010s | 21.3% | 19.5% | 23.3% | 10 |
| 2020s | 26.4% | 24.1% | 30.8% | 4 |
Countries ranked near Chile
- 85 Saint Vincent and the Grenadines 24.7% compare
- 86 Seychelles 24.6% compare
- 87 Eswatini 24.6% compare
- 89 United States 24.4% compare
- 90 Honduras 24.4% compare
- 91 Saudi Arabia 24.2% compare
More economy & growth data for Chile
- DEC alternative conversion factor 951.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 196.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 207.05 million current US$ (2025)
- Taxes less subsidies on products 32.67 trillion current LCU (2025)
- Taxes less subsidies on products 34.34 billion current US$ (2025)
- Net primary income (Net income from abroad) -18.40 trillion current LCU (2025)
- Net primary income (Net income from abroad) -19.34 billion current US$ (2025)
- GNI per capita 16.19 million current LCU (2025)
- GNI per capita, Atlas method 16,960 current US$ (2025)
- GNI 321.58 trillion current LCU (2025)
Frequently asked questions
- What is expense in Chile?
- Expense in Chile was 24.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Chile?
- The highest recorded value was 31.8% in 1972.
- What is the lowest expense recorded in Chile?
- The lowest recorded value was 15.0% in 1995.
- How does Chile rank for expense?
- Chile ranks 88th out of 157 countries with data for 2023.
- Is expense rising or falling in Chile?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is falling.
- Where does this Chile data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.