Annual government expenditure by function (COFOG) — Gross capital in Chile

Chile: Annual government expenditure by function (COFOG) — Gross capital was 6.74 million National currency in 2024. ▲ Rising

Latest (2024)
6.74 million National currency
Change on year
up 7.6%
World rank
3rd
of 28 countries
All-time high
6.74 million National currency
in 2024
All-time low
3.39 million National currency
in 2013
Years of data
12
2013–2024

Annual government expenditure by function (COFOG) — Gross capital in Chile, 2013–2024

02.0M4.0M6.0M2013201820242013: 3.4M National currency2014: 3.7M National currency2015: 4.5M National currency2016: 4.4M National currency2017: 4.4M National currency2018: 4.1M National currency2019: 4.7M National currency2020: 4.4M National currency2021: 5.2M National currency2022: 6.0M National currency2023: 6.3M National currency2024: 6.7M National currency

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 expenditure by function (COFOG) — Gross capital in Chile, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets in Chile, 2013 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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. 1 Colombia 48.40 million National currency compare
  2. 2 Japan 25.48 million National currency compare
  3. 4 Hungary 3.43 million National currency compare
  4. 5 United States of America 1.01 million National currency compare
  5. 6 Costa Rica 846,642 National currency compare

See the full ranking of 39 places →

More public sector data for Chile

All data for Chile →

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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Annual government expenditure by function (COFOG) — Gross capital in Chile. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 26 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-capital-formation-and-acquisitions/chile/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
39 places, 1,128 data points, 1970–2025
Last refreshed

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