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Economy of Chile vs Marshall Islands compared: GDP & Debt

Updated on by Georank

Chile has a GDP of $357B compared to $308M for the Marshall Islands, ranking 45/197 and 194/197 by economy size, respectively.

Chile has $149B in government debt (41.8% of GDP), compared to $36.3M (11.8% of GDP) in the Marshall Islands.

Chile vs Marshall Islands GDP by year

Chile
Marshall Islands
1x
Year GDP, current $
Chile Marshall Islands
2025 $357,371,159,575 $308,000,000
2024 $329,260,633,699 $285,000,000
2023 $335,802,745,366 $264,000,000
2022 $301,099,244,104 $258,723,500
2021 $315,507,493,783 $261,245,500
2020 $254,103,710,483 $241,800,000
2019 $278,308,438,545 $232,900,000
2018 $295,857,562,992 $220,000,000
2017 $276,154,259,981 $213,700,000
2016 $249,344,863,928 $201,800,000
2015 $242,450,355,831 $183,700,000
2014 $259,560,978,224 $186,000,000
2013 $277,395,018,842 $186,400,000
2012 $267,024,782,487 $180,700,000
2011 $251,382,573,894 $172,300,000
2010 $217,051,209,239 $161,100,000
2009 $171,777,900,624 $151,200,000
2008 $179,894,594,475 $146,600,000
2007 $172,491,076,034 $150,500,000
2006 $153,843,518,171 $143,200,000
2005 $122,294,145,163 $138,000,000
2004 $99,075,985,774 $132,900,000
2003 $76,492,579,644 $131,128,500
2002 $70,264,045,939 $131,960,000
2001 $71,574,739,561 $122,406,100
2000 $78,339,750,721 $114,838,500
1999 $75,578,685,736 $113,352,100
1998 $81,990,010,704 $112,070,100
1997 $85,741,415,285 $109,884,700
1996 $78,584,098,984 $110,858,000
1995 $73,820,425,702 $120,230,000
1994 $57,438,273,591 $108,071,000
1993 $49,934,943,321 $99,461,000
1992 $46,538,895,686 $91,063,000
1991 $38,232,330,917 $82,507,000
1990 $33,428,580,448 $78,476,000
1989 $30,101,767,991 $72,798,000
1988 $26,174,858,614 $70,688,000
1987 $22,605,488,851 $62,983,000
1986 $19,197,818,085 $55,989,000
1985 $17,933,557,360 $43,879,000
1984 $19,974,595,028 $45,144,000
1983 $20,629,678,694 $41,749,000
1982 $19,710,229,067 $34,918,000
1981 $35,180,322,211 $31,020,000
1980 $29,586,676,576 $26,710,653
1979 $22,249,574,628 $25,545,346
1978 $16,373,093,554 $22,209,370
1977 $14,272,711,437 $20,210,069
1976 $10,523,479,089 $18,153,647
1975 $7,812,161,793 $16,691,301
1974 $16,584,311,220 $15,217,532
1973 $17,237,336,173 $11,607,366
1972 $12,057,501,635 $9,973,652
1971 $10,999,807,567 $9,116,810
1970 $9,261,006,540 $8,408,486
1969 $8,456,519,044 -
1968 $7,286,820,526 -
1967 $7,145,068,068 -
1966 $7,256,882,086 -
1965 $6,183,988,944 -
1964 $6,065,708,668 -
1963 $5,702,520,146 -
1962 $5,765,971,144 -
1961 $4,948,564,551 -
1960 $4,211,103,677 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/chile/marshall-islands | CC BY

GDP per capita in Chile vs Marshall Islands by year

Chile
GDP per capita

GDP per capita, PPP
Marshall Islands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chile Marshall Islands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $17,995 - $8,489 -
2024 $16,659 $36,181 $7,590 $8,195
2023 $17,082 $33,145 $6,799 $7,549
2022 $15,399 $30,932 $6,456 $7,431
2021 $16,216 $29,090 $6,315 $6,768
2020 $13,118 $25,351 $5,662 $6,137
2019 $14,497 $25,612 $5,292 $6,045
2018 $15,659 $25,305 $4,858 $5,232
2017 $14,880 $24,295 $4,593 $4,719
2016 $13,650 $23,257 $4,230 $4,366
2015 $13,434 $22,468 $3,764 $4,125
2014 $14,530 $22,554 $3,735 $3,931
2013 $15,684 $22,201 $3,678 $3,845
2012 $15,242 $21,366 $3,514 $3,590
2011 $14,487 $20,122 $3,319 $3,537
2010 $12,633 $17,918 $3,095 $3,473
2009 $10,099 $15,951 $2,907 $3,253
2008 $10,683 $16,376 $2,818 $3,118
2007 $10,346 $16,698 $2,892 $3,309
2006 $9,319 $15,511 $2,754 $3,110
2005 $7,480 $12,550 $2,659 $3,017
2004 $6,121 $11,612 $2,566 $2,880
2003 $4,773 $10,708 $2,539 $2,824
2002 $4,431 $10,133 $2,566 $2,825
2001 $4,564 $9,776 $2,394 $2,700
2000 $5,053 $9,376 $2,265 $2,490
1999 $4,934 $8,839 $2,258 $2,400
1998 $5,420 $8,850 $2,254 $2,422
1997 $5,742 $8,510 $2,231 $2,434
1996 $5,334 $7,895 $2,273 $2,583
1995 $5,081 $7,232 $2,491 $2,858
1994 $4,012 $6,476 $2,265 $2,617
1993 $3,541 $6,061 $2,112 $2,452
1992 $3,352 $5,563 $1,963 $2,293
1991 $2,798 $4,886 $1,811 $2,131
1990 $2,488 $4,444 $1,758 $2,102
1989 $2,278 - $1,670 -
1988 $2,014 - $1,670 -
1987 $1,767 - $1,543 -
1986 $1,525 - $1,425 -
1985 $1,447 - $1,162 -
1984 $1,636 - $1,245 -
1983 $1,715 - $1,199 -
1982 $1,663 - $1,046 -
1981 $3,012 - $969 -
1980 $2,571 - $868 -
1979 $1,962 - $859 -
1978 $1,465 - $771 -
1977 $1,297 - $724 -
1976 $971 - $672 -
1975 $732 - $638 -
1974 $1,579 - $602 -
1973 $1,667 - $472 -
1972 $1,185 - $416 -
1971 $1,099 - $390 -
1970 $941 - $373 -
1969 $874 - - -
1968 $766 - - -
1967 $764 - - -
1966 $790 - - -
1965 $686 - - -
1964 $686 - - -
1963 $658 - - -
1962 $679 - - -
1961 $594 - - -
1960 $516 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/chile/marshall-islands | CC BY

Chile's GDP per capita is $17,995, ranking 67/197, compared to $8,489 in the Marshall Islands, ranking 95/197. Adjusted for purchasing power (GDP per capita PPP), Chile ranks 63rd at $36,181, while the Marshall Islands ranks 139th at $8,195.

Economic indicators

Chile Marshall Islands
Gross domestic product
$357B
2025
$308M
2025
GDP rank
45/197
2025
194/197
2025
GDP growth
2.46%
2024-2025
2.28%
2024-2025
GDP per capita
$17,995
2025
$8,489
2025
GDP per capita rank
67/197
2025
95/197
2025
GDP per capita, PPP
$36,181
2024
$8,195
2024
GDP per capita PPP rank
63/197
2024
139/197
2024
Government debt
$149B
2025
$36.3M
2025
Debt-to-GDP ratio
41.8%
2025
11.8%
2025
Government debt per person
$7,517
2025
$1,000
2025
Government debt per person rank
68/185
2025
144/185
2025
Average annual personal income after taxes
$10,041
2026
$5,308
2026
Market capitalization of domestic companies
$487B
2025
n/a
Number of millionaires
81,274
2024
n/a
Number of billionaires
6
2026
n/a
Income share by richest 10%
34.3%
2024
27.5%
2019
Income share by poorest 10%
2.3%
2024
2.8%
2019
Government expenditure, % of GDP
26.4%
2025
65.3%
2025
Consumer prices inflation
4.21%
2024-2025
5.5%
2024-2025
Central bank interest rate
4.75%
2025
n/a
Unemployment rate
8.89%
2025
9.82%
2021
Population
19992079
35039

Spending and national debt comparison by year

Chile
Spending

Debt
Marshall Islands
Spending

Debt
1x
Year % of GDP
Chile Marshall Islands
Government spending Government debt Government spending Government debt
2025 26.4% 41.8% 65.3% 11.8%
2024 26.7% 41.7% 70.9% 14.2%
2023 27.4% 39.4% 67.5% 18.2%
2022 26.7% 37.9% 65.8% 19.6%
2021 33.6% 36.4% 69.2% 19.9%
2020 29.1% 32.4% 67.8% 21.7%
2019 26.5% 28.3% 65.5% 25.1%
2018 25.6% 25.8% 60.5% 24.7%
2017 25.5% 23.7% 63.7% 26.5%
2016 25.4% 21.1% 56.8% 29.2%
2015 25% 17.4% 56.3% 33.9%
2014 23.9% 15% 49.2% 34.9%
2013 23.1% 12.8% 55% 33.4%
2012 23.1% 11.9% 53.2% 37.6%
2011 22.9% 11.1% 55.9% 35.9%
2010 23.5% 8.61% 59.2% 38.8%
2009 25% 5.84% 63.1% 41.2%
2008 21.8% 4.92% 64.3% 44.1%
2007 19.3% 3.9% 67.2% 42.2%
2006 18.7% 5.02% 61.2% 44.4%
2005 20.2% 7.04% 85.3% 45.8%
2004 20.8% 10.3% 54.5% 46.8%
2003 22.2% 12.6% 52.9% 43.7%
2002 23.2% 15% 55.2% 37.2%
2001 23.2% 14.3% 58.8% 32.7%
2000 22.9% 13.1% 56.5% 27.3%
1999 23.7% 13.3% 48.7% 26.1%
1998 21.9% 12.1% 50.5% 18.1%
1997 20.6% 12.8% 55% 8.73%
1996 20.6% 14.6% - -
1995 19.5% 17.3% - -
1994 20.6% 22.6% - -
1993 21.2% 28.1% - -
1992 20.9% 30.5% - -
1991 21.2% 37.1% - -
1990 21% 50.3% - -
1989 19.8% 51.9% - -
1988 21.3% 71.2% - -
1987 22.9% 81.6% - -
1986 26.6% 88.4% - -
1985 28.5% 79.8% - -
1984 30% 56.6% - -
1983 29.2% 45.5% - -
1982 30.1% 20.3% - -
1981 26.4% 14% - -
1980 23.8% 17.4% - -
1979 24.8% 23.2% - -
1978 29.4% 26% - -
1977 30% 16.5% - -
1976 30% 19.5% - -
1975 33.6% 28.4% - -
1974 32.3% 18.8% - -
1973 30.8% 11.1% - -
1972 35% 10.1% - -
1971 27.2% 20% - -
1970 21.1% 26.3% - -
1969 18.7% 21.5% - -
1968 19.3% 17.9% - -
1967 19.1% 14.9% - -
1966 20.5% 12.6% - -
1965 20.5% 12.6% - -
1964 17.8% 9.6% - -
1963 18.9% 9.23% - -
1962 21.3% 6.99% - -
1961 19.5% 7.97% - -
1960 19.7% 7.02% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-07-08).

GeoRank.org/economy/chile/marshall-islands | CC BY

In 2025, Chile's government spending was $94.2B, accounting for 26.4% of its GDP, while the Marshall Islands spent $201M, or 65.3% of GDP.

Debt-to-GDP ratio is 41.8% in Chile and 11.8% in the Marshall Islands, ranking 126/185 and 180/185, respectively.

Government deficit by year

Deficit/surplus
Chile

Marshall Islands
1x
Year Deficit/surplus, % of GDP
Chile Marshall Islands
2025 -2.78% 1.35%
2024 -2.82% 2.62%
2023 -2.27% 1.01%
2022 1.36% 0.51%
2021 -7.53% 0.18%
2020 -7.1% 2.54%
2019 -2.73% -1.8%
2018 -1.48% 2.55%
2017 -2.63% 4.38%
2016 -2.66% 3.88%
2015 -2.09% 2.81%
2014 -1.5% 3.2%
2013 -0.47% -0.23%
2012 0.68% -0.76%
2011 1.43% 2.13%
2010 -0.36% 3.51%
2009 -4.26% 1.51%
2008 3.93% 3.68%
2007 7.95% 0.27%
2006 7.51% 0.24%
2005 4.57% -22.3%
2004 2.05% -1.6%
2003 -0.42% 10.5%
2002 -1.17% 5.12%
2001 -0.49% 7.83%
2000 -0.69% 7.84%
1999 -2.02% 9.01%
1998 0.39% 13.5%
1997 2.04% 7.91%
1996 2.07% -
1995 3.1% -
1994 1.44% -
1993 1.42% -
1992 2.11% -
1991 1.54% -
1990 2.25% -
1989 5.31% -
1988 4.07% -
1987 2.36% -
1986 -0.92% -
1985 -2.22% -
1984 -2.95% -
1983 -2.67% -
1982 -1.02% -
1981 2.56% -
1980 5.41% -
1979 4.82% -
1978 -0.11% -
1977 -1.11% -
1976 -0.48% -
1975 -0.41% -
1974 -5.79% -
1973 -7.32% -
1972 -12.7% -
1971 -7.98% -
1970 -1.22% -
1969 0.6% -
1968 -0.79% -
1967 -0.64% -
1966 -1.88% -
1965 -1.64% -
1964 -2.24% -
1963 -3.29% -
1962 -4.31% -
1961 -2.89% -
1960 -3.14% -
1959 1.56% -
1958 -0.1% -
1957 -0.71% -
1956 -1.3% -
1955 -2.79% -
1954 -2.84% -
1953 -4.05% -
1952 -1.82% -
1951 -0.71% -
1950 -0.92% -
1949 1.71% -
1948 2.56% -
1947 -0.2% -
1946 0.12% -
1945 0.73% -
1944 0.25% -
1943 0.81% -
1942 1.51% -
1941 1.9% -
1940 2.64% -
1939 1.74% -
1938 1.25% -
1937 1.42% -
1936 2.62% -
1935 4.23% -
1934 2.42% -
1933 1.76% -
1932 -0.32% -
1931 -2.73% -
1930 1.47% -
1929 1.89% -
1928 4.11% -
1927 -0.17% -
1926 -3.23% -
1925 2.44% -
1924 3.68% -
1923 2.87% -
1922 -0.23% -
1921 -0.57% -
1920 -1.8% -
1919 -2.53% -
1918 0.71% -
1917 0.49% -
1916 0.98% -
1915 -2.13% -
1914 -2.67% -
1913 -2.23% -
1912 -3.29% -
1911 -3.32% -
1910 -3.17% -
1909 -2.26% -
1908 -0.84% -
1907 -2.39% -
1906 -2.8% -
1905 -1.31% -
1904 -1.6% -
1903 -1.35% -
1902 -3.65% -
1901 -3.93% -
1900 -1.89% -
1899 -0.78% -
1898 -3.84% -
1897 -1.78% -
1896 -5.36% -
1895 -2.31% -
1894 0.82% -
1893 -0.59% -
1892 -1.33% -
1891 -6.72% -
1890 -3.65% -
1889 -2.71% -
1888 -0.58% -
1887 -4% -
1886 -5.17% -
1885 -2.46% -
1884 -3.23% -
1883 -3.57% -
1882 -2.86% -
1881 -1.83% -
1880 -2% -
1879 -4.34% -
1878 -2.27% -
1877 -3.88% -
1876 -3.17% -
1875 -3.73% -
1874 -4.75% -
1873 -1.94% -
1872 -1.78% -
1871 -2.38% -
1870 -1.83% -
1869 -1.07% -
1868 -2.85% -
1867 -4.31% -
1866 -5.72% -
1865 -1.95% -
1864 -1.07% -
1863 -0.26% -
1862 -0.13% -
1861 -0.5% -
1860 -0.07% -
1859 -1.6% -
1858 -1.37% -
1857 -0.3% -
1856 0.11% -
1855 0.1% -
1854 -0.2% -
1853 0.27% -
1852 0.68% -
1851 -0.39% -
1850 0.35% -
1849 0.6% -
1848 -0.25% -
1847 0.04% -
1846 0.36% -
1845 -0.21% -
1844 0.48% -
1843 0.69% -
1842 1.1% -
1841 0.31% -
1840 0.34% -
1839 0.25% -
1838 -0.21% -
1837 -0.05% -
1836 -0.17% -
1835 -0.58% -
1834 -0.39% -
1833 -0.45% -
1832 -0.57% -
1831 -0.77% -
1830 -0.51% -
1829 -0.06% -
1828 -0.3% -
1827 0.07% -
1826 -0.08% -
1825 0.05% -
1824 -0.37% -
1823 0.98% -
1822 1.28% -
1821 -0.19% -
1820 0.64% -
1819 0.16% -
1818 1.52% -
1817 0.94% -
1816 1.21% -
1815 1.53% -
1814 1.91% -
1813 2.34% -
1812 2.79% -
1811 3.24% -
1810 3.64% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1810–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/chile/marshall-islands | CC BY

In 2025, Chile's government deficit, the difference between spending and revenue, was $9.94B, equivalent to 2.78% of GDP. This compares to the Marshall Islands' surplus of $4.17M, or 1.35% of GDP.

Over the past 29 years, Chile recorded a fiscal deficit in 19 of those years, while the Marshall Islands ran a deficit in 5 years. On average, Chile posted an annual deficit equal to 0.47% of GDP, compared to surplus of 2.46% of GDP for the Marshall Islands.

Inflation comparison by year

Inflation
Chile

Marshall Islands
1x
Year Consumer prices inflation
Chile Marshall Islands
2025 4.21% 5.5%
2024 4.3% 5.2%
2023 7.58% 7.4%
2022 11.6% 2.8%
2021 4.52% 2.2%
2020 3.05% -0.7%
2019 2.56% -0.1%
2018 2.43% 0.8%
2017 2.18% 0.1%
2016 3.79% -1.5%
2015 4.35% -2.2%
2014 4.72% 1.1%
2013 1.79% 1.9%
2012 3.01% 4.3%
2011 3.34% 5.4%
2010 1.41% 1.8%
2009 0.35% 0.5%
2008 8.72% 14.7%
2007 4.41% 2.6%
2006 3.39% 5.3%
2005 3.05% 3.5%
2004 1.05% 2%
2003 2.81% -
2002 2.49% -
2001 3.57% -
2000 3.84% -
1999 3.34% -
1998 5.11% -
1997 6.13% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2004–2025, retrieved 2026-07-08).

GeoRank.org/economy/chile/marshall-islands | CC BY

Over the past 22 years, Chile has recorded an average annual inflation rate of 3.9%, compared with 2.85% in the Marshall Islands. In 2025, inflation was 4.21% in Chile and 5.5% in the Marshall Islands.

Top exports between countries

Chile
Export category Export value
Miscellaneous $77K
Machinery & equipment $1K
Marshall Islands
Export category Export value
Animal & marine products $139K

Balance of trade

Chile Marshall Islands
Current account balance
-$4.35B
2025
$62.3M
2024
Current account balance ranking
161/190
2025
67/190
2024
Current account balance, % of GDP
-1.22%
2025
+21.9%
2024
Goods imports
$86.5B
2025
$173M
2024
Goods exports
$110B
2025
$101M
2024
Service imports
$21.9B
2025
$64.2M
2024
Service exports
$13B
2025
$21.1M
2024
Imports of goods and services, % of GDP
30.4%
2025
79.9%
2025
Exports of goods and services, % of GDP
34.6%
2025
36%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Chile Marshall Islands
Economic freedom 74.3 58
Economic freedom ranking 20/197 113/197
Property rights 69.7 n/a
Government integrity 67.8 n/a
Judicial effectiveness 90.3 n/a
Tax burden 72.5 n/a
Government spending 78.2 n/a
Fiscal health 94.1 n/a
Business freedom 78.5 n/a
Labor freedom 56.8 n/a
Monetary freedom 75.1 n/a
Trade freedom 78 n/a
Investment freedom 60 n/a
Financial freedom 70 n/a

Other economic metrics

Chile Marshall Islands
Services, % of GDP
55.5%
2025
68.2%
2024
Industry, % of GDP
31.4%
2025
13.4%
2024
Agriculture, forestry, and fishing, % of GDP
3.45%
2025
19.9%
2024
GNI, Atlas method
$337B
2025
$352M
2025
GNI per capita, PPP
$35,730
2025
$10,590
2025
Total reserves including gold
$49.4B
2025
n/a
Total reserves ranking
48/177
2025
n/a
Net foreign direct investment
-$5.83B
2025
-$13.4M
2024
Net inflows of foreign direct investment
$13.1B
2024
$13.4M
2024
Net outflows of foreign direct investment
$4.04B
2024
$0
2024
Poverty at national poverty lines
6.5%
2022
7.2%
2019
Gross capital formation, % of GDP
24.1%
2025
21.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/chile/marshall-islands | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1810–1990, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.