Chile Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Chile's government debt to gdp was 42.74% in 2025, ranked 118th globally. This represents a 2.6% increase from 2024. Data from IMF WEO, covering 1991–2025.
Overview
Chile's government debt to gdp stood at 42.74% in 2025, a rise of +1.09% from 2024. The IMF projects 42.74% by 2025. Chile ranked 118th globally.
Chile's government debt to GDP ratio has experienced a significant increase over the past three and a half decades, reaching an all-time high of 42.74 in 2025. This value ranks Chile at number 118 globally, according to the IMF World Economic Outlook. The country's debt burden has grown substantially since the 2007 trough of 3.90, a stark reminder of the economic challenges faced during the global financial crisis. Chile's debt trajectory has thus far been relatively modest compared to its peer countries, with Eswatini's ratio slightly surpassing Chile's at 42.84. Norway's debt, on the other hand, is remarkably low at 42.72, a testament to the country's prudent fiscal management. As Chile continues to navigate its economic landscape, a sustained fiscal consolidation effort will be crucial to arresting the upward trend in government debt and ensuring the country's long-term economic health.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 44.43% | - | - |
| 2029* IMF | 44.34% | - | - |
| 2028* IMF | 44.15% | - | - |
| 2027* IMF | 43.97% | - | - |
| 2026* IMF | 43.66% | - | - |
| 2025* IMF | 42.74% | - | - |
| 2025 | 42.74% | +1.09% | #118 |
| 2024 | 41.65% | +2.24% | #59 |
| 2023 | 39.42% | +1.51% | #51 |
| 2022 | 37.91% | +1.46% | #48 |
| 2021 | 36.45% | +4.07% | #34 |
| 2020 | 32.38% | +4.05% | #28 |
| 2019 | 28.33% | +2.53% | #31 |
| 2018 | 25.80% | +2.15% | #30 |
| 2017 | 23.65% | +2.55% | #27 |
| 2016 | 21.10% | +3.73% | #23 |
| 2015 | 17.38% | +2.36% | #19 |
| 2014 | 15.02% | +2.24% | #22 |
| 2013 | 12.78% | +0.85% | #20 |
| 2012 | 11.94% | +0.81% | #18 |
| 2011 | 11.13% | +2.52% | #18 |
Detected Pattern
Analysis
Chile matched the Export Boom Cycle pattern in 2010. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
The news of a new mineral discovery by Hot Chili Limited in Chile could potentially contribute to future economic activity and government revenues, but its direct and immediate impact on Chile's 42.74
Frequently Asked Questions
Chile's government debt to gdp was 42.74% in 2025. Ranked 118th globally. This represents a 2.6% increase from the previous year.
Chile's government debt to gdp peaked at 42.74% in 2025.
The lowest government debt to gdp in Chile was 3.90% in 2007.
Chile ranks 118th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Chile's government debt to gdp is projected to reach 42.74% by 2025 based on IMF projection.
The government debt to gdp of Chile in 2025 was 42.74%. This ranks 118th in the world.
Cite this page
@misc{historysaid_chile_government-debt-to-gdp,
title = {Chile Government Debt to GDP},
url = {https://historysaid.com/chile/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}