Chile’s Deficit Hits Post-Pandemic High as Kast Inherits a $13 Billion Gap

2026-02-17 - 19:23

Key Points ▸ Chile’s structural deficit jumped to 3.6% of GDP (~$13.2 billion) in 2025, the highest outside a crisis and triple the 1.1% target ▸ Non-mining tax revenue hit its lowest level since 2014, while public spending grew 3.5% — marking the third consecutive year the government missed its own fiscal rule ▸ President-elect