Goods and services expense in Chile
Chile: Goods and services expense was 6.03 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Chile, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Chile stood at 6.03 trillion current LCU. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 10.4% on the previous year and up 120.5% over ten years.
Over the whole period, goods and services expense in Chile peaked at 6.03 trillion current LCU in 2024 and was at its lowest, 10.00 million current LCU, in 1972.
That places Chile 11th out of 155 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Chile, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 10.00 million current LCU | — |
| 1973 | 70.00 million current LCU | +600.0% |
| 1974 | 390.00 million current LCU | +457.1% |
| 1975 | 1.47 billion current LCU | +276.9% |
| 1976 | 4.20 billion current LCU | +185.7% |
| 1977 | 9.54 billion current LCU | +127.1% |
| 1978 | 17.65 billion current LCU | +85.0% |
| 1979 | 22.58 billion current LCU | +27.9% |
| 1980 | 32.05 billion current LCU | +41.9% |
| 1981 | 34.88 billion current LCU | +8.8% |
| 1982 | 39.53 billion current LCU | +13.3% |
| 1983 | 53.92 billion current LCU | +36.4% |
| 1984 | 68.57 billion current LCU | +27.2% |
| 1985 | 90.41 billion current LCU | +31.9% |
| 1986 | 104.16 billion current LCU | +15.2% |
| 1987 | 127.67 billion current LCU | +22.6% |
| 1988 | 138.14 billion current LCU | +8.2% |
| 1989 | 148.45 billion current LCU | +7.5% |
| 1990 | 189.55 billion current LCU | +27.7% |
| 1991 | 256.72 billion current LCU | +35.4% |
| 1992 | 319.15 billion current LCU | +24.3% |
| 1993 | 380.23 billion current LCU | +19.1% |
| 1994 | 432.38 billion current LCU | +13.7% |
| 1995 | 481.96 billion current LCU | +11.5% |
| 1996 | 558.18 billion current LCU | +15.8% |
| 1997 | 618.53 billion current LCU | +10.8% |
| 1998 | 697.71 billion current LCU | +12.8% |
| 1999 | 632.97 billion current LCU | -9.3% |
| 2000 | 745.13 billion current LCU | +17.7% |
| 2001 | 815.64 billion current LCU | +9.5% |
| 2002 | 832.66 billion current LCU | +2.1% |
| 2003 | 832.49 billion current LCU | -0.0% |
| 2004 | 998.04 billion current LCU | +19.9% |
| 2005 | 988.00 billion current LCU | -1.0% |
| 2006 | 1.13 trillion current LCU | +14.3% |
| 2007 | 1.33 trillion current LCU | +17.7% |
| 2008 | 1.56 trillion current LCU | +17.5% |
| 2009 | 1.85 trillion current LCU | +18.2% |
| 2010 | 1.90 trillion current LCU | +3.1% |
| 2011 | 2.02 trillion current LCU | +6.0% |
| 2012 | 2.21 trillion current LCU | +9.6% |
| 2013 | 2.42 trillion current LCU | +9.4% |
| 2014 | 2.74 trillion current LCU | +13.1% |
| 2015 | 3.07 trillion current LCU | +12.3% |
| 2016 | 3.27 trillion current LCU | +6.3% |
| 2017 | 3.51 trillion current LCU | +7.4% |
| 2018 | 3.68 trillion current LCU | +4.8% |
| 2019 | 3.87 trillion current LCU | +5.1% |
| 2020 | 4.37 trillion current LCU | +13.0% |
| 2021 | 4.79 trillion current LCU | +9.5% |
| 2022 | 5.18 trillion current LCU | +8.3% |
| 2023 | 5.46 trillion current LCU | +5.3% |
| 2024 | 6.03 trillion current LCU | +10.4% |
Chile compared with similar countries
- Chile's 6.03 trillion current LCU is above the median for high income countries, which is 14.51 billion current LCU, 415.7× the median. (57 countries reporting)
- Chile's 6.03 trillion current LCU is above the median for Latin America & Caribbean, which is 14.98 billion current LCU, 402.7× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense in Chile changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1973 | +600.0% | 10.00 million current LCU | 70.00 million current LCU |
| 1974 | +457.1% | 70.00 million current LCU | 390.00 million current LCU |
| 1975 | +276.9% | 390.00 million current LCU | 1.47 billion current LCU |
| 1976 | +185.7% | 1.47 billion current LCU | 4.20 billion current LCU |
| 1977 | +127.1% | 4.20 billion current LCU | 9.54 billion current LCU |
| 1978 | +85.0% | 9.54 billion current LCU | 17.65 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.99 billion current LCU | 10.00 million current LCU | 22.58 billion current LCU | 8 |
| 1980s | 83.78 billion current LCU | 32.05 billion current LCU | 148.45 billion current LCU | 10 |
| 1990s | 456.74 billion current LCU | 189.55 billion current LCU | 697.71 billion current LCU | 10 |
| 2000s | 1.11 trillion current LCU | 745.13 billion current LCU | 1.85 trillion current LCU | 10 |
| 2010s | 2.87 trillion current LCU | 1.90 trillion current LCU | 3.87 trillion current LCU | 10 |
| 2020s | 5.17 trillion current LCU | 4.37 trillion current LCU | 6.03 trillion current LCU | 5 |
Countries ranked near Chile
More public sector data for Chile
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- 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)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is goods and services expense in Chile?
- Goods and services expense in Chile was 6.03 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Chile?
- The highest recorded value was 6.03 trillion current LCU in 2024.
- What is the lowest goods and services expense recorded in Chile?
- The lowest recorded value was 10.00 million current LCU in 1972.
- How does Chile rank for goods and services expense?
- Chile ranks 11th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Chile?
- Over the last ten years it is up 120.5%. The long-run trend across the full record is volatile.
- 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.