Chile: Subsidies and other transfers (current LCU)

Key figures

What the numbers say

In 2024, Chile's subsidies and other transfers (current LCU) fell 24.2% on 2023 (from 34.84 trillion to 26.39 trillion).

Across the 23 yearly changes before that (2001 to 2023), the average change was +11% and a typical year strayed about 22% from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 78.3% in 2020 and the biggest yearly fall was 30% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 2.58 trillion a year. A straight line explains 51% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Chile had the 6th highest value of the 89 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Chile in the 2024 ranking

• Colombia — 2nd of 89: 346.34 trillion
• Lebanon — 3rd of 89: 149.54 trillion
• Argentina — 4th of 89: 67.45 trillion
• Paraguay — 6th of 89: 19.31 trillion
• Tanzania — 7th of 89: 18.16 trillion
• Hungary — 8th of 89: 14.29 trillion

What this measures

Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 25 values

Subsidies and other transfers (current LCU) in nearby economies

• Argentina — 67.45 trillion (2024)
• Bahamas, The — 665.5 million (2024)
• Barbados — 1.24 billion (2016)
• Brazil — 2.42 trillion (2024)
• Colombia — 346.34 trillion (2024)
• Costa Rica — 1.98 trillion (2024)
• Dominican Republic — 302.22 billion (2024)
• Ecuador — 12.95 billion (2022)
• El Salvador — 2 billion (2024)
• Guatemala — 41.03 billion (2024)

More public sector data for Chile

• Arms imports (SIPRI trend indicator values) — 14 million (2025)
• Military expenditure (current USD) — 5.33 billion (2025)
• Military expenditure (current LCU) — 5.07 trillion (2025)
• Military expenditure (% of GDP) — 1.52% (2025)
• Net investment in nonfinancial assets (current LCU) — 4.4 trillion (2024)
• Net investment in nonfinancial assets (% of GDP) — 1.42% (2024)
• Net lending (+) / net borrowing (-) (current LCU) — -8.66 trillion (2024)
• Net lending (+) / net borrowing (-) (% of GDP) — -2.79% (2024)
• Grants and other revenue (current LCU) — 7.48 trillion (2024)
• Grants and other revenue (% of revenue)

Reading data like this

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Questions people ask

What is Chile's subsidies and other transfers (current LCU)?

26.39 trillion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 465.24% from 4.67 trillion in 2000 (7.48% a year on average, compounded). The highest value was 45.84 trillion in 2021 and the lowest 4.67 trillion in 2000.

How does Chile rank?

6th highest of 89 economies with data for 2024.

Is the latest change in subsidies and other transfers (current LCU) unusual for Chile?

In 2024, Chile's subsidies and other transfers (current LCU) fell 24.2% on 2023 (from 34.84 trillion to 26.39 trillion). Across the 23 yearly changes before that (2001 to 2023), the average change was +11% and a typical year strayed about 22% from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator GC.XPN.TRFT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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