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Economy of Chile vs San Marino compared: GDP & Debt

Updated on by Georank team

Chile has a GDP of $330B compared to $2.03B for San Marino, ranking 45/197 and 180/197 by economy size, respectively.

Chile has $138B in government debt (41.7% of GDP), compared to $1.39B (63.9% of GDP) in San Marino.

Chile vs San Marino GDP by year

Chile
San Marino
1x
Year GDP, current $
Chile San Marino
2024 $330,267,137,372 -
2023 $335,518,054,098 $2,027,527,228
2022 $301,226,575,540 $1,829,211,864
2021 $315,325,547,162 $1,855,652,786
2020 $254,042,159,309 $1,541,248,249
2019 $278,285,058,719 $1,616,340,692
2018 $295,857,562,992 $1,655,353,653
2017 $276,154,259,981 $1,528,620,346
2016 $249,344,863,928 $1,468,343,140
2015 $242,450,355,831 $1,419,401,071
2014 $259,560,978,224 $1,673,911,426
2013 $277,395,018,842 $1,678,741,475
2012 $267,024,782,487 $1,604,701,299
2011 $251,382,573,894 $1,813,717,439
2010 $217,051,209,239 $1,881,191,925
2009 $171,777,900,624 $2,064,277,126
2008 $179,894,594,475 $2,403,213,305
2007 $172,491,076,034 $2,188,654,628
2006 $153,843,518,171 $1,909,765,165
2005 $122,294,145,163 $1,786,514,058
2004 $99,075,985,774 $1,715,340,543
2003 $76,492,579,644 $1,462,590,267
2002 $70,264,045,939 $1,148,872,072
2001 $71,574,739,561 $1,059,529,812
2000 $78,339,750,721 $1,007,661,367
1999 $75,578,685,736 $1,109,473,368
1998 $81,990,010,704 $1,048,316,226
1997 $85,741,415,285 $976,606,911
1996 $78,584,098,984 -
1995 $73,820,425,702 -
1994 $57,438,273,591 -
1993 $49,934,943,321 -
1992 $46,538,895,686 -
1991 $38,232,330,917 -
1990 $33,428,580,448 -
1989 $30,101,767,991 -
1988 $26,174,858,614 -
1987 $22,605,488,851 -
1986 $19,197,818,085 -
1985 $17,933,557,360 -
1984 $19,974,595,028 -
1983 $20,629,678,694 -
1982 $19,710,229,067 -
1981 $35,180,322,211 -
1980 $29,586,676,576 -
1979 $22,249,574,628 -
1978 $16,373,093,554 -
1977 $14,272,711,437 -
1976 $10,523,479,089 -
1975 $7,812,161,793 -
1974 $16,584,311,220 -
1973 $17,237,336,173 -
1972 $12,057,501,635 -
1971 $10,999,807,567 -
1970 $9,261,006,540 -
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 (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/chile/san-marino | CC BY

GDP per capita in Chile vs San Marino by year

Chile
GDP per capita

GDP per capita, PPP
San Marino
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chile San Marino
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $16,710 $36,181 - -
2023 $17,067 $33,145 $59,880 $78,745
2022 $15,406 $30,932 $54,191 $75,941
2021 $16,207 $29,090 $54,176 $64,745
2020 $13,115 $25,351 $44,327 $55,207
2019 $14,496 $25,612 $46,630 $57,444
2018 $15,659 $25,305 $47,951 $54,461
2017 $14,880 $24,295 $45,192 $52,463
2016 $13,650 $23,257 $44,359 $53,033
2015 $13,434 $22,468 $43,147 $52,247
2014 $14,530 $22,554 $51,260 $52,909
2013 $15,684 $22,201 $50,808 $50,770
2012 $15,242 $21,366 $47,946 $51,274
2011 $14,487 $20,122 $55,601 $56,240
2010 $12,633 $17,918 $56,543 $58,926
2009 $10,099 $15,951 $62,429 $61,970
2008 $10,683 $16,376 $75,902 $71,724
2007 $10,346 $16,698 $70,124 $71,744
2006 $9,319 $15,511 $63,271 $67,434
2005 $7,480 $12,550 $59,878 $63,739
2004 $6,121 $11,612 $58,232 $61,114
2003 $4,773 $10,708 $52,530 $60,224
2002 $4,431 $10,133 $41,791 $57,584
2001 $4,564 $9,776 $39,035 $57,252
2000 $5,053 $9,376 $37,601 $53,713
1999 $4,934 $8,839 $41,932 $52,064
1998 $5,420 $8,850 $40,127 $47,679
1997 $5,742 $8,510 $37,853 $44,426
1996 $5,334 $7,895 - -
1995 $5,081 $7,232 - -
1994 $4,012 $6,476 - -
1993 $3,541 $6,061 - -
1992 $3,352 $5,563 - -
1991 $2,798 $4,886 - -
1990 $2,488 $4,444 - -
1989 $2,278 - - -
1988 $2,014 - - -
1987 $1,767 - - -
1986 $1,525 - - -
1985 $1,447 - - -
1984 $1,636 - - -
1983 $1,715 - - -
1982 $1,663 - - -
1981 $3,012 - - -
1980 $2,571 - - -
1979 $1,962 - - -
1978 $1,465 - - -
1977 $1,297 - - -
1976 $971 - - -
1975 $732 - - -
1974 $1,579 - - -
1973 $1,667 - - -
1972 $1,185 - - -
1971 $1,099 - - -
1970 $941 - - -
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 (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/chile/san-marino | CC BY

Chile's GDP per capita is $16,710, ranking 65/197, compared to $59,880 in San Marino, ranking 15/197. Adjusted for purchasing power (GDP per capita PPP), Chile ranks 63rd at $36,181, while San Marino ranks 17th at $78,745.

Economic indicators

Chile San Marino
Gross domestic product
$330B
2024
$2.03B
2023
GDP rank
45/197
2024
180/197
2023
GDP growth
2.64%
2023-2024
0.4%
2022-2023
GDP per capita
$16,710
2024
$59,880
2023
GDP per capita rank
65/197
2024
15/197
2023
GDP per capita, PPP
$36,181
2024
$78,745
2023
GDP per capita PPP rank
63/197
2024
17/197
2023
Government debt
$138B
2024
$1.39B
2023
Debt-to-GDP ratio
41.7%
2024
63.9%
2024
Government debt per person
$6,960
2024
$40,919
2023
Government debt per person rank
68/185
2024
13/185
2023
Average annual personal income after taxes
$10,247
2026
$45,474
2026
Market capitalization of domestic companies
$262B
2024
n/a
Number of millionaires
81,274
2025
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
34.5%
2022
n/a
Income share by poorest 10%
2.3%
2022
n/a
Government expenditure, % of GDP
26.7%
2024
21%
2024
Consumer prices inflation
4.3%
2023-2024
1.2%
2023-2024
Central bank interest rate
4.75%
2025
n/a
Unemployment rate
8.76%
2024
4.91%
2022
Population
19977856
33967

Spending and national debt comparison by year

Chile
Spending

Debt
San Marino
Spending

Debt
1x
Year % of GDP
Chile San Marino
Government spending Government debt Government spending Government debt
2024 26.7% 41.7% 21% 63.9%
2023 27.4% 39.4% 21.7% 68.3%
2022 26.7% 37.9% 21.7% 70.6%
2021 33.6% 36.4% 37.1% 77.2%
2020 29.1% 32.4% 59.2% 69.8%
2019 26.5% 28.3% 22.4% 56.2%
2018 25.6% 25.8% 24.5% 56.7%
2017 25.5% 23.7% 25.6% 56.6%
2016 25.4% 21.1% 23.4% 21.4%
2015 25% 17.4% 26.3% 19.3%
2014 23.9% 15% 23.7% 21%
2013 23.1% 12.8% 30.2% 23.2%
2012 23.1% 11.9% 30.6% 17.2%
2011 22.9% 11.1% 25.4% 16.6%
2010 23.5% 8.61% 24.4% 20%
2009 25% 5.84% 24.8% 20.1%
2008 21.8% 4.92% 22% 15.5%
2007 19.3% 3.9% 20.7% 12.6%
2006 18.7% 5.02% 19.7% 14.2%
2005 20.2% 7.04% 19.3% 14.5%
2004 20.8% 10.3% 19% 16.9%
2003 22.2% 12.6% - 16.1%
2002 23.2% 15% - 17.2%
2001 23.2% 14.3% - 11.6%
2000 22.9% 13.1% - -
1999 23.7% 13.3% - -
1998 21.9% 12.1% - -
1997 20.6% 12.8% - -
1996 20.6% 14.6% - -
1995 19.4% 17.2% - -
1994 20.6% 22.6% - -
1993 21.1% 28% - -
1992 20.8% 30.3% - -
1991 21.2% 37% - -
1990 20.9% 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-02-20).

GeoRank.org/economy/chile/san-marino | CC BY

In 2024, Chile's government spending was $88.3B, accounting for 26.7% of its GDP, while San Marino spent $440M, or 21% of GDP.

Debt-to-GDP ratio is 41.7% in Chile and 63.9% in San Marino, ranking 129/185 and 71/185, respectively.

Government deficit by year

Deficit/surplus
Chile

San Marino
1x
Year Deficit/surplus, % of GDP
Chile San Marino
2024 -2.82% -0.53%
2023 -2.27% -0.72%
2022 1.36% 0.42%
2021 -7.53% -16.4%
2020 -7.1% -37.6%
2019 -2.73% -0.11%
2018 -1.48% -1.56%
2017 -2.63% -3.49%
2016 -2.66% -0.19%
2015 -2.09% -3.32%
2014 -1.5% 1.06%
2013 -0.47% -7.74%
2012 0.68% -7.08%
2011 1.43% -4.05%
2010 -0.36% -2.24%
2009 -4.26% -2.46%
2008 3.93% 0.18%
2007 7.95% 1.83%
2006 7.51% 1.51%
2005 4.57% 3.58%
2004 2.05% 2.44%
2003 -0.42% -
2002 -1.17% -
2001 -0.49% -
2000 -0.69% -
1999 -2.02% -
1998 0.39% -
1997 2.04% -
1996 2.07% -
1995 3.09% -
1994 1.43% -
1993 1.41% -
1992 2.09% -
1991 1.54% -
1990 2.24% -
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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/chile/san-marino | CC BY

In 2023, Chile's government deficit, the difference between spending and revenue, was $7.63B, equivalent to 2.27% of GDP. This compares to San Marino's deficit of $14.7M, or 0.72% of GDP.

Over the past 20 years, Chile recorded a fiscal deficit in 12 of those years, while San Marino ran a deficit in 13 years. On average, Chile posted an annual deficit equal to 0.28% of GDP, compared to deficit of 3.8% of GDP for San Marino.

Inflation comparison by year

Inflation
Chile

San Marino
1x
Year Consumer prices inflation
Chile San Marino
2024 4.3% 1.2%
2023 7.58% 5.9%
2022 11.6% 5.3%
2021 4.52% 1.6%
2020 3.05% -0.1%
2019 2.56% 0.5%
2018 2.43% 1.2%
2017 2.18% 1%
2016 3.79% 0.6%
2015 4.35% 0.1%
2014 4.72% 1.1%
2013 1.79% 1.6%
2012 3.01% 2.8%
2011 3.34% 2.2%
2010 1.41% 2.4%
2009 0.35% 2.4%
2008 8.72% 4.1%
2007 4.41% 2.5%
2006 3.39% 2.1%
2005 3.05% 1.7%
2004 1.05% 1.4%
2003 2.81% 1.3%
2002 2.49% -
2001 3.57% -
2000 3.84% -
1999 3.34% -
1998 5.11% -
1997 6.13% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2003–2024, retrieved 2026-02-20).

GeoRank.org/economy/chile/san-marino | CC BY

Over the past 22 years, Chile has recorded an average annual inflation rate of 3.84%, compared with 1.95% in San Marino. In 2024, inflation was 4.3% in Chile and 1.2% in San Marino.

Balance of trade

Chile San Marino
Current account balance
-$4.85B
2024
$446M
2023
Current account balance ranking
166/190
2024
64/190
2023
Current account balance, % of GDP
-1.47%
2024
+22%
2023
Goods imports
$78.1B
2024
$2.25B
2023
Goods exports
$99.2B
2024
$2.53B
2023
Service imports
$21.1B
2024
$894M
2023
Service exports
$12B
2024
$1.25B
2023
Imports of goods and services, % of GDP
30.1%
2024
155%
2023
Exports of goods and services, % of GDP
33.7%
2024
186%
2023

Economic freedom indices

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

Chile San Marino
Economic freedom 74.3 76
Economic freedom ranking 20/197 16/197
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 San Marino
Services, % of GDP
56.1%
2024
56.9%
2023
Industry, % of GDP
30.1%
2024
35.8%
2023
Agriculture, forestry, and fishing, % of GDP
3.91%
2024
0.02%
2023
GNI, Atlas method
$311B
2024
$1.82B
2023
GNI per capita, PPP
$34,320
2024
$71,860
2023
Total reserves including gold
$44.4B
2024
$759M
2024
Total reserves ranking
45/177
2024
146/177
2024
Net foreign direct investment
-$8.93B
2024
$52.7M
2023
Net inflows of foreign direct investment
$12.5B
2024
-$18.1M
2023
Net outflows of foreign direct investment
$3.59B
2024
$0
2024
Poverty at national poverty lines
6.5%
2022
n/a
Gross capital formation, % of GDP
23.2%
2024
16.6%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/chile/san-marino | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1810–1990, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.