Annual government: Gross capital formation … acquisitions in Chile
Chile: Annual government: Gross capital formation … acquisitions was 6.74 million National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Chile, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government expenditure by function (cofog) — gross capital in Chile is 6.74 million National currency, measured in 2024. That is the highest value across all 12 years on record.
That represents a change of up 7.6% on the previous year and up 83.8% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Chile peaked at 6.74 million National currency in 2024 and was at its lowest, 3.39 million National currency, in 2013.
That places Chile 3rd out of 28 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Annual government: Gross capital formation … acquisitions in Chile, year by year
| Year | National currency | Change |
|---|---|---|
| 2013 | 3.39 million National currency | — |
| 2014 | 3.67 million National currency | +8.0% |
| 2015 | 4.47 million National currency | +21.8% |
| 2016 | 4.42 million National currency | -1.1% |
| 2017 | 4.45 million National currency | +0.7% |
| 2018 | 4.13 million National currency | -7.1% |
| 2019 | 4.68 million National currency | +13.4% |
| 2020 | 4.43 million National currency | -5.4% |
| 2021 | 5.22 million National currency | +17.9% |
| 2022 | 6.04 million National currency | +15.6% |
| 2023 | 6.26 million National currency | +3.7% |
| 2024 | 6.74 million National currency | +7.6% |
Chile compared with similar countries
- Chile's 6.74 million National currency is above the median for high income countries, which is 92,572 National currency, 72.8× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.17 million National currency | 3.39 million National currency | 4.68 million National currency | 7 |
| 2020s | 5.74 million National currency | 4.43 million National currency | 6.74 million National currency | 5 |
Countries ranked near Chile
- 1 Colombia 48.40 million National currency compare
- 2 Japan 25.48 million National currency compare
- 3 Poland 180,658 National currency compare
- 3 Croatia 4,461 National currency compare
- 4 Netherlands 36,167 National currency compare
- 4 Hungary 3.43 million National currency compare
- 5 Slovenia 3,509 National currency compare
- 5 United States 1.01 million National currency compare
- 6 Lithuania 3,424 National currency compare
- 6 Costa Rica 846,642 National currency compare
More public sector data for Chile
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Chile?
- Annual government expenditure by function (cofog) — gross capital in Chile was 6.74 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Chile?
- The highest recorded value was 6.74 million National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Chile?
- The lowest recorded value was 3.39 million National currency in 2013.
- How does Chile rank for annual government expenditure by function (cofog) — gross capital?
- Chile ranks 3rd out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Chile?
- Over the last ten years it is up 83.8%. The long-run trend across the full record is rising.
- Where does this Chile data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org