Financing of social security benefits in OECD member countries — Tax in Chile
Chile: Financing of social security benefits in OECD member countries — Tax was 1.18 Percentage of GDP in 2024. ▬ Flat
Latest (2024)
1.18 Percentage of GDP
Change on year
up 1.6%
World rank
32nd
of 33 countries
All-time high
1.54 Percentage of GDP
in 2020
All-time low
0.9828 Percentage of GDP
in 2022
Years of data
35
1990–2024
Financing of social security benefits in OECD member countries — Tax in Chile, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Chile recorded 1.18 Percentage of GDP for financing of social security benefits in oecd member countries — tax in 2024.
That represents a change of up 1.6% on the previous year and down 17.0% over ten years.
Over the whole period, financing of social security benefits in oecd member countries — tax in Chile peaked at 1.54 Percentage of GDP in 2020 and was at its lowest, 0.9828 Percentage of GDP, in 2022.
Chile ranks 32nd of 33 countries on this measure, in the bottom quarter.
Financing of social security benefits in OECD member countries — Tax in Chile, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 1.51 Percentage of GDP | — |
| 1991 | 1.36 Percentage of GDP | -9.7% |
| 1992 | 1.41 Percentage of GDP | +4.1% |
| 1993 | 1.34 Percentage of GDP | -5.2% |
| 1994 | 1.28 Percentage of GDP | -4.9% |
| 1995 | 1.18 Percentage of GDP | -7.7% |
| 1996 | 1.24 Percentage of GDP | +5.7% |
| 1997 | 1.25 Percentage of GDP | +0.5% |
| 1998 | 1.32 Percentage of GDP | +5.3% |
| 1999 | 1.37 Percentage of GDP | +4.1% |
| 2000 | 1.37 Percentage of GDP | -0.3% |
| 2001 | 1.38 Percentage of GDP | +1.2% |
| 2002 | 1.4 Percentage of GDP | +1.4% |
| 2003 | 1.38 Percentage of GDP | -1.8% |
| 2004 | 1.37 Percentage of GDP | -0.4% |
| 2005 | 1.36 Percentage of GDP | -0.7% |
| 2006 | 1.29 Percentage of GDP | -5.4% |
| 2007 | 1.27 Percentage of GDP | -1.1% |
| 2008 | 1.37 Percentage of GDP | +7.8% |
| 2009 | 1.43 Percentage of GDP | +3.9% |
| 2010 | 1.35 Percentage of GDP | -5.5% |
| 2011 | 1.34 Percentage of GDP | -0.9% |
| 2012 | 1.39 Percentage of GDP | +3.8% |
| 2013 | 1.43 Percentage of GDP | +3.4% |
| 2014 | 1.43 Percentage of GDP | -0.5% |
| 2015 | 1.42 Percentage of GDP | -0.4% |
| 2016 | 1.45 Percentage of GDP | +1.9% |
| 2017 | 1.47 Percentage of GDP | +1.3% |
| 2018 | 1.47 Percentage of GDP | +0.4% |
| 2019 | 1.53 Percentage of GDP | +4.1% |
| 2020 | 1.54 Percentage of GDP | +0.7% |
| 2021 | 1.18 Percentage of GDP | -23.8% |
| 2022 | 0.9828 Percentage of GDP | -16.4% |
| 2023 | 1.16 Percentage of GDP | +18.5% |
| 2024 | 1.18 Percentage of GDP | +1.6% |
Chile compared with similar countries
- Chile's 1.18 Percentage of GDP is below the median for high income countries, which is 10.73 Percentage of GDP, 11% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.33 Percentage of GDP | 1.18 Percentage of GDP | 1.51 Percentage of GDP | 10 |
| 2000s | 1.36 Percentage of GDP | 1.27 Percentage of GDP | 1.43 Percentage of GDP | 10 |
| 2010s | 1.43 Percentage of GDP | 1.34 Percentage of GDP | 1.53 Percentage of GDP | 10 |
| 2020s | 1.21 Percentage of GDP | 0.9828 Percentage of GDP | 1.54 Percentage of GDP | 5 |
Countries ranked near Chile
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.68 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 437.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 14.51 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 10.75 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0406 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 730.79 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.37 % change on previous year (2025)
Frequently asked questions
- What is financing of social security benefits in oecd member countries — tax in Chile?
- Financing of social security benefits in oecd member countries — tax in Chile was 1.18 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest financing of social security benefits in oecd member countries — tax recorded in Chile?
- The highest recorded value was 1.54 Percentage of GDP in 2020.
- What is the lowest financing of social security benefits in oecd member countries — tax recorded in Chile?
- The lowest recorded value was 0.9828 Percentage of GDP in 2022.
- How does Chile rank for financing of social security benefits in oecd member countries — tax?
- Chile ranks 32nd out of 33 countries with data for 2024.
- Is financing of social security benefits in oecd member countries — tax rising or falling in Chile?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is flat.
- Where does this Chile data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Financing of social security benefits in OECD member countries — Tax revenue. Statizoid updates them automatically from the source API.
Download this data
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About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.