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.
Expense in Chile, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 31.8% | — |
| 1973 | 25.9% | -18.6% |
| 1974 | 23.5% | -9.3% |
| 1975 | 27.0% | +15.1% |
| 1976 | 25.2% | -6.7% |
| 1977 | 26.6% | +5.6% |
| 1978 | 26.3% | -1.1% |
| 1979 | 23.7% | -10.2% |
| 1980 | 23.8% | +0.4% |
| 1981 | 25.0% | +5.1% |
| 1982 | 30.4% | +21.9% |
| 1983 | 28.7% | -5.8% |
| 1984 | 29.3% | +2.0% |
| 1985 | 25.4% | -13.1% |
| 1986 | 23.7% | -6.9% |
| 1987 | 20.8% | -12.3% |
| 1988 | 19.2% | -7.7% |
| 1989 | 17.6% | -8.0% |
| 1990 | 16.7% | -5.3% |
| 1991 | 17.0% | +1.7% |
| 1992 | 16.4% | -3.4% |
| 1993 | 16.4% | -0.0% |
| 1994 | 15.9% | -3.2% |
| 1995 | 15.0% | -5.1% |
| 1996 | 15.7% | +4.6% |
| 1997 | 15.9% | +0.8% |
| 1998 | 17.2% | +8.6% |
| 1999 | 18.7% | +8.6% |
| 2000 | 20.1% | +7.6% |
| 2001 | 20.1% | -0.4% |
| 2002 | 20.1% | +0.2% |
| 2003 | 19.3% | -3.8% |
| 2004 | 18.2% | -5.8% |
| 2005 | 17.2% | -5.5% |
| 2006 | 15.9% | -7.7% |
| 2007 | 16.0% | +1.0% |
| 2008 | 18.4% | +14.8% |
| 2009 | 21.3% | +15.8% |
| 2010 | 20.2% | -5.2% |
| 2011 | 19.5% | -3.5% |
| 2012 | 19.9% | +2.2% |
| 2013 | 20.2% | +1.4% |
| 2014 | 20.7% | +2.4% |
| 2015 | 21.6% | +4.6% |
| 2016 | 22.1% | +2.3% |
| 2017 | 22.3% | +1.0% |
| 2018 | 22.6% | +1.2% |
| 2019 | 23.3% | +3.1% |
| 2020 | 26.2% | +12.5% |
| 2021 | 30.8% | +17.4% |
| 2022 | 24.1% | -21.6% |
| 2023 | 24.6% | +1.8% |
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
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.32 Percent per annum (2029)
- GNI (current LCU), annual growth rate 8.58 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 899.85 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 16.19 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -25.7 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -26.74 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.92 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0961 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,729 current US$ per person (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.