Goods and services expense in Chile
Chile: Goods and services expense was 7.9% in 2023. ▼ Falling
Goods and services expense in Chile, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Chile is 7.9%, measured in 2023.
That represents a change of down 3.5% on the previous year and down 9.6% over ten years.
Over the whole period, goods and services expense in Chile peaked at 21.9% in 1973 and was at its lowest, 6.5%, in 2021.
Chile ranks 124th of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Goods and services expense in Chile, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 12.5% | — |
| 1973 | 21.9% | +75.0% |
| 1974 | 16.9% | -22.8% |
| 1975 | 14.2% | -16.0% |
| 1976 | 12.1% | -14.5% |
| 1977 | 11.7% | -3.9% |
| 1978 | 12.9% | +10.9% |
| 1979 | 11.5% | -10.9% |
| 1980 | 11.7% | +1.5% |
| 1981 | 10.2% | -12.9% |
| 1982 | 10.0% | -2.0% |
| 1983 | 11.6% | +15.9% |
| 1984 | 11.9% | +3.2% |
| 1985 | 12.3% | +3.3% |
| 1986 | 11.9% | -3.6% |
| 1987 | 12.4% | +4.3% |
| 1988 | 11.2% | -9.3% |
| 1989 | 10.5% | -6.6% |
| 1990 | 11.2% | +6.2% |
| 1991 | 11.3% | +1.6% |
| 1992 | 11.5% | +1.7% |
| 1993 | 11.5% | -0.4% |
| 1994 | 11.3% | -1.8% |
| 1995 | 10.9% | -3.2% |
| 1996 | 10.9% | +0.1% |
| 1997 | 10.8% | -0.9% |
| 1998 | 10.7% | -1.1% |
| 1999 | 8.8% | -18.1% |
| 2000 | 8.8% | -0.3% |
| 2001 | 9.0% | +2.2% |
| 2002 | 8.6% | -4.4% |
| 2003 | 8.1% | -4.9% |
| 2004 | 9.1% | +11.5% |
| 2005 | 8.4% | -7.6% |
| 2006 | 8.7% | +3.9% |
| 2007 | 9.2% | +5.5% |
| 2008 | 9.0% | -1.7% |
| 2009 | 9.0% | -0.3% |
| 2010 | 8.5% | -5.6% |
| 2011 | 8.5% | +0.2% |
| 2012 | 8.5% | +0.3% |
| 2013 | 8.7% | +2.2% |
| 2014 | 8.9% | +2.5% |
| 2015 | 9.0% | +0.1% |
| 2016 | 8.7% | -2.3% |
| 2017 | 8.8% | +0.1% |
| 2018 | 8.6% | -2.0% |
| 2019 | 8.5% | -1.2% |
| 2020 | 8.3% | -2.4% |
| 2021 | 6.5% | -21.6% |
| 2022 | 8.2% | +25.9% |
| 2023 | 7.9% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.2% | 11.5% | 21.9% | 8 |
| 1980s | 11.4% | 10.0% | 12.4% | 10 |
| 1990s | 10.9% | 8.8% | 11.5% | 10 |
| 2000s | 8.8% | 8.1% | 9.2% | 10 |
| 2010s | 8.7% | 8.5% | 9.0% | 10 |
| 2020s | 7.7% | 6.5% | 8.3% | 4 |
Countries ranked near Chile
More public sector data for Chile
- Arms imports 14.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7083 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 55.56 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 14.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 258.31 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0155 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.67 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.11 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 12.12 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Chile?
- Goods and services expense in Chile was 7.9% in 2023, 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 21.9% in 1973.
- What is the lowest goods and services expense recorded in Chile?
- The lowest recorded value was 6.5% in 2021.
- How does Chile rank for goods and services expense?
- Chile ranks 124th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Chile?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is falling.
- 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 (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.