Chile: Government spending, percent of GDP

The latest value from 2023 is 15.1 percent, an increase from 14.68 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Chile from 1960 to 2023 is 12.46 percent. The minimum value, 9.54 percent, was reached in 1964 while the maximum of 16.08 percent was recorded in 1972. See the global rankings for that indicator or use the country comparator to compare trends over time.

The government size of Chile and other countries is calculated as the total government spending as percent of GDP.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.