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Economy of Chile vs Sweden compared: GDP & Debt

Updated on by Georank team

Chile has a GDP of $330B compared to $604B for Sweden, ranking 45/197 and 26/197 by economy size, respectively.

Chile has $138B in government debt (41.7% of GDP), compared to $199B (33% of GDP) in Sweden.

Chile vs Sweden GDP by year

Chile
Sweden
1x
Year GDP, current $
Chile Sweden
2024 $330,267,137,372 $603,715,224,266
2023 $335,518,054,098 $578,990,915,246
2022 $301,226,575,540 $575,071,237,641
2021 $315,325,547,162 $631,693,331,301
2020 $254,042,159,309 $544,265,668,452
2019 $278,285,058,719 $530,894,124,494
2018 $295,857,562,992 $549,649,344,043
2017 $276,154,259,981 $535,172,356,785
2016 $249,344,863,928 $513,058,312,951
2015 $242,450,355,831 $501,602,351,912
2014 $259,560,978,224 $577,727,767,304
2013 $277,395,018,842 $584,125,353,119
2012 $267,024,782,487 $549,739,674,655
2011 $251,382,573,894 $570,538,581,144
2010 $217,051,209,239 $492,750,897,239
2009 $171,777,900,624 $434,311,714,442
2008 $179,894,594,475 $514,614,100,833
2007 $172,491,076,034 $490,047,789,548
2006 $153,843,518,171 $422,528,394,459
2005 $122,294,145,163 $391,688,455,929
2004 $99,075,985,774 $384,545,442,175
2003 $76,492,579,644 $334,072,443,516
2002 $70,264,045,939 $267,371,907,447
2001 $71,574,739,561 $242,497,797,485
2000 $78,339,750,721 $262,903,560,280
1999 $75,578,685,736 $274,318,357,862
1998 $81,990,010,704 $270,887,306,759
1997 $85,741,415,285 $268,249,616,891
1996 $78,584,098,984 $291,949,597,375
1995 $73,820,425,702 $267,050,453,507
1994 $57,438,273,591 $228,699,066,874
1993 $49,934,943,321 $212,644,602,616
1992 $46,538,895,686 $283,908,914,454
1991 $38,232,330,917 $273,831,464,572
1990 $33,428,580,448 $261,466,577,009
1989 $30,101,767,991 $217,632,340,195
1988 $26,174,858,614 $206,686,590,776
1987 $22,605,488,851 $182,744,315,974
1986 $19,197,818,085 $150,279,869,729
1985 $17,933,557,360 $113,958,084,357
1984 $19,974,595,028 $109,043,045,407
1983 $20,629,678,694 $104,862,109,663
1982 $19,710,229,067 $114,214,731,799
1981 $35,180,322,211 $129,498,921,476
1980 $29,586,676,576 $141,886,067,004
1979 $22,249,574,628 $123,207,527,699
1978 $16,373,093,554 $104,290,933,496
1977 $14,272,711,437 $94,331,782,622
1976 $10,523,479,089 $89,232,517,046
1975 $7,812,161,793 $82,765,232,648
1974 $16,584,311,220 $65,917,634,590
1973 $17,237,336,173 $59,318,842,992
1972 $12,057,501,635 $48,883,173,400
1971 $10,999,807,567 $41,506,151,115
1970 $9,261,006,540 $38,037,226,668
1969 $8,456,519,044 $33,967,301,561
1968 $7,286,820,526 $31,277,871,669
1967 $7,145,068,068 $29,474,881,506
1966 $7,256,882,086 $27,154,716,721
1965 $6,183,988,944 $24,963,947,415
1964 $6,065,708,668 $22,685,490,195
1963 $5,702,520,146 $20,342,131,882
1962 $5,765,971,144 $18,794,066,990
1961 $4,948,564,551 $17,329,620,585
1960 $4,211,103,677 $15,930,075,467

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/chile/sweden | CC BY

GDP per capita in Chile vs Sweden by year

Chile
GDP per capita

GDP per capita, PPP
Sweden
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chile Sweden
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $16,710 $36,181 $57,117 $71,845
2023 $17,067 $33,145 $54,950 $69,226
2022 $15,406 $30,932 $54,837 $67,076
2021 $16,207 $29,090 $60,648 $62,732
2020 $13,115 $25,351 $52,569 $57,489
2019 $14,496 $25,612 $51,649 $57,046
2018 $15,659 $25,305 $54,018 $53,122
2017 $14,880 $24,295 $53,210 $51,474
2016 $13,650 $23,257 $51,704 $50,290
2015 $13,434 $22,468 $51,188 $48,772
2014 $14,530 $22,554 $59,583 $46,841
2013 $15,684 $22,201 $60,844 $46,098
2012 $15,242 $21,366 $57,750 $45,207
2011 $14,487 $20,122 $60,379 $44,333
2010 $12,633 $17,918 $52,543 $41,951
2009 $10,099 $15,951 $46,708 $40,094
2008 $10,683 $16,376 $55,817 $41,907
2007 $10,346 $16,698 $53,568 $40,813
2006 $9,319 $15,511 $46,531 $37,672
2005 $7,480 $12,550 $43,378 $34,198
2004 $6,121 $11,612 $42,758 $33,805
2003 $4,773 $10,708 $37,292 $31,788
2002 $4,431 $10,133 $29,958 $30,987
2001 $4,564 $9,776 $27,259 $29,946
2000 $5,053 $9,376 $29,633 $29,636
1999 $4,934 $8,839 $30,969 $27,496
1998 $5,420 $8,850 $30,605 $25,897
1997 $5,742 $8,510 $30,324 $24,817
1996 $5,334 $7,895 $33,022 $23,952
1995 $5,081 $7,232 $30,254 $23,084
1994 $4,012 $6,476 $26,046 $21,835
1993 $3,541 $6,061 $24,390 $20,700
1992 $3,352 $5,563 $32,753 $20,767
1991 $2,798 $4,886 $31,777 $20,663
1990 $2,488 $4,444 $30,549 $20,357
1989 $2,278 - $25,625 -
1988 $2,014 - $24,499 -
1987 $1,767 - $21,761 -
1986 $1,525 - $17,955 -
1985 $1,447 - $13,647 -
1984 $1,636 - $13,080 -
1983 $1,715 - $12,590 -
1982 $1,663 - $13,719 -
1981 $3,012 - $15,564 -
1980 $2,571 - $17,073 -
1979 $1,962 - $14,856 -
1978 $1,465 - $12,602 -
1977 $1,297 - $11,432 -
1976 $971 - $10,853 -
1975 $732 - $10,103 -
1974 $1,579 - $8,078 -
1973 $1,667 - $7,291 -
1972 $1,185 - $6,018 -
1971 $1,099 - $5,125 -
1970 $941 - $4,729 -
1969 $874 - $4,263 -
1968 $766 - $3,953 -
1967 $764 - $3,746 -
1966 $790 - $3,478 -
1965 $686 - $3,228 -
1964 $686 - $2,961 -
1963 $658 - $2,675 -
1962 $679 - $2,485 -
1961 $594 - $2,304 -
1960 $516 - $2,128 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/chile/sweden | CC BY

Chile's GDP per capita is $16,710, ranking 65/197, compared to $57,117 in Sweden, ranking 17/197. Adjusted for purchasing power (GDP per capita PPP), Chile ranks 63rd at $36,181, while Sweden ranks 23rd at $71,845.

Economic indicators

Chile Sweden
Gross domestic product
$330B
2024
$604B
2024
GDP rank
45/197
2024
26/197
2024
GDP growth
2.64%
2023-2024
0.82%
2023-2024
GDP per capita
$16,710
2024
$57,117
2024
GDP per capita rank
65/197
2024
17/197
2024
GDP per capita, PPP
$36,181
2024
$71,845
2024
GDP per capita PPP rank
63/197
2024
23/197
2024
Government debt
$138B
2024
$199B
2024
Debt-to-GDP ratio
41.7%
2024
33%
2024
Government debt per person
$6,960
2024
$18,842
2024
Government debt per person rank
68/185
2024
32/185
2024
Average annual personal income after taxes
$10,247
2026
$42,066
2026
Market capitalization of domestic companies
$262B
2024
$290B
2003
Number of millionaires
81,274
2025
490,000
2025
Number of billionaires
6
2025
45
2025
Income share by richest 10%
34.5%
2022
22.3%
2023
Income share by poorest 10%
2.3%
2022
2.8%
2023
Government expenditure, % of GDP
26.7%
2024
49.3%
2024
Consumer prices inflation
4.3%
2023-2024
2.84%
2023-2024
Central bank interest rate
4.75%
2025
1.75%
2025
Unemployment rate
8.76%
2024
8.31%
2024
Population
19977856
10680056

Spending and national debt comparison by year

Chile
Spending

Debt
Sweden
Spending

Debt
1x
Year % of GDP
Chile Sweden
Government spending Government debt Government spending Government debt
2024 26.7% 41.7% 49.3% 33%
2023 27.4% 39.4% 48.9% 31.8%
2022 26.7% 37.9% 48.3% 33.9%
2021 33.6% 36.4% 49.3% 37%
2020 29.1% 32.4% 52% 40.2%
2019 26.5% 28.3% 48.8% 35.8%
2018 25.6% 25.8% 49.8% 39.9%
2017 25.5% 23.7% 49.2% 41.6%
2016 25.4% 21.1% 49.5% 42.9%
2015 25% 17.4% 49.4% 44.5%
2014 23.9% 15% 50.7% 45.7%
2013 23.1% 12.8% 51.4% 40.8%
2012 23.1% 11.9% 50.2% 38%
2011 22.9% 11.1% 49.1% 37.7%
2010 23.5% 8.61% 49.7% 38.6%
2009 25% 5.84% 51.7% 41.2%
2008 21.8% 4.92% 49.4% 38%
2007 19.3% 3.9% 48.5% 39.2%
2006 18.7% 5.02% 50.1% 43.8%
2005 20.2% 7.04% 51.2% 48.9%
2004 20.8% 10.3% 51.7% 48.7%
2003 22.2% 12.6% 53% 49.4%
2002 23.2% 15% 52.7% 49.8%
2001 23.2% 14.3% 51.7% 52%
2000 22.9% 13.1% 52.2% 50.4%
1999 23.7% 13.3% 55.2% 60.3%
1998 21.9% 12.1% 55.6% 65.4%
1997 20.6% 12.8% 57.9% 67.7%
1996 20.6% 14.6% 60% 68.9%
1995 19.4% 17.2% 62.1% 68.7%
1994 20.6% 22.6% 65.3% 68.6%
1993 21.1% 28% 67.9% 66.1%
1992 20.8% 30.3% 66.5% 45.7%
1991 21.2% 37% 61.2% 40.2%
1990 20.9% 50.3% 57.5% 40.3%
1989 19.8% 51.9% 35.8% 44.8%
1988 21.3% 71.2% 37.9% 50.3%
1987 22.9% 81.6% 40.9% 56%
1986 26.6% 88.4% 42.1% 59.5%
1985 28.5% 79.8% 47.6% 61.2%
1984 30% 56.6% 46.7% 57.5%
1983 29.2% 45.5% 48.6% 54.5%
1982 30.1% 20.3% 46.4% 47.9%
1981 26.4% 14% 46.1% 41.5%
1980 23.8% 17.4% 41% 34.4%
1979 24.8% 23.2% 39.9% 28.3%
1978 29.4% 26% 39.1% 24%
1977 30% 16.5% 35.7% 21%
1976 30% 19.5% 32.3% 19%
1975 33.6% 28.4% 30.6% 19.9%
1974 32.3% 18.8% 30.1% 19.4%
1973 30.8% 11.1% 31.1% 18%
1972 35% 10.1% 31.9% 17.2%
1971 27.2% 20% 29.8% 16.9%
1970 21.1% 26.3% 29.5% 16.9%
1969 18.7% 21.5% 28.7% 17.6%
1968 19.3% 17.9% 28.3% 17.6%
1967 19.1% 14.9% 27.7% 16.1%
1966 20.5% 12.6% 26.5% 15.3%
1965 20.5% 12.6% 24.6% 17%
1964 17.8% 9.6% 23.4% 18.7%
1963 18.9% 9.23% 24.4% 20.7%
1962 21.3% 6.99% 23.4% 23%
1961 19.5% 7.97% 23.7% 26%
1960 19.7% 7.02% 24.4% 28.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-02-20).

GeoRank.org/economy/chile/sweden | CC BY

In 2024, Chile's government spending was $88.3B, accounting for 26.7% of its GDP, while Sweden spent $298B, or 49.3% of GDP.

Debt-to-GDP ratio is 41.7% in Chile and 33% in Sweden, ranking 129/185 and 148/185, respectively.

Government deficit by year

Deficit/surplus
Chile

Sweden
1x
Year Deficit/surplus, % of GDP
Chile Sweden
2024 -2.82% -1.72%
2023 -2.27% -0.63%
2022 1.36% 1%
2021 -7.53% -0.15%
2020 -7.1% -3.18%
2019 -2.73% 0.44%
2018 -1.48% 0.67%
2017 -2.63% 1.29%
2016 -2.66% 0.86%
2015 -2.09% -0.27%
2014 -1.5% -1.84%
2013 -0.47% -1.63%
2012 0.68% -1.19%
2011 1.43% -0.41%
2010 -0.36% -0.14%
2009 -4.26% -0.89%
2008 3.93% 1.87%
2007 7.95% 3.37%
2006 7.51% 2.2%
2005 4.57% 2.08%
2004 2.05% 0.17%
2003 -0.42% -1.25%
2002 -1.17% -1.46%
2001 -0.49% 1.37%
2000 -0.69% 3.11%
1999 -2.02% 0.6%
1998 0.39% 0.82%
1997 2.04% -1.57%
1996 2.07% -3.11%
1995 3.09% -7.01%
1994 1.43% -8.77%
1993 1.41% -10.9%
1992 2.09% -8.51%
1991 1.54% 0.28%
1990 2.24% 3.7%
1989 5.31% 1.5%
1988 4.07% -0.64%
1987 2.36% -2%
1986 -0.92% -6.21%
1985 -2.22% -9.91%
1984 -2.95% -12.1%
1983 -2.67% -15.1%
1982 -1.02% -13.4%
1981 2.56% -12.8%
1980 5.41% -11.5%
1979 4.82% -9.95%
1978 -0.11% -7.32%
1977 -1.11% -3.32%
1976 -0.48% -1.27%
1975 -0.41% -4.05%
1974 -5.79% -4.12%
1973 -7.32% -3.28%
1972 -12.7% -2.17%
1971 -7.98% -1.67%
1970 -1.22% -2.64%
1969 0.6% -2.03%
1968 -0.79% -2.37%
1967 -0.64% -1.41%
1966 -1.88% -0.33%
1965 -1.64% -0.17%
1964 -2.24% -0.1%
1963 -3.29% 0.41%
1962 -4.31% 0.7%
1961 -2.89% 0.56%
1960 -3.14% -2.67%
1959 1.56% -2.53%
1958 -0.1% -2.31%
1957 -0.71% -2.1%
1956 -1.3% -1.21%
1955 -2.79% -1.72%
1954 -2.84% -1.52%
1953 -4.05% -2.47%
1952 -1.82% -0.16%
1951 -0.71% -0.9%
1950 -0.92% -1.64%
1949 1.71% -0.74%
1948 2.56% 0.29%
1947 -0.2% -1.08%
1946 0.12% -0.61%
1945 0.73% -8.04%
1944 0.25% -8.66%
1943 0.81% -10.7%
1942 1.51% -11.8%
1941 1.9% -13.1%
1940 2.64% -8.16%
1939 1.74% -1.13%
1938 1.25% -0.07%
1937 1.42% 0.46%
1936 2.62% -0.64%
1935 4.23% -2.19%
1934 2.42% -1.88%
1933 1.76% -4.1%
1932 -0.32% -1.56%
1931 -2.73% -0.05%
1930 1.47% 0.09%
1929 1.89% -0.39%
1928 4.11% -0.06%
1927 -0.17% -1.14%
1926 -3.23% -1.11%
1925 2.44% -1.44%
1924 3.68% -0.99%
1923 2.87% -1.65%
1922 -0.23% -3.17%
1921 -0.57% -3.55%
1920 -1.8% -0.6%
1919 -2.53% 0.17%
1918 0.71% -8.59%
1917 0.49% -0.26%
1916 0.98% -0.23%
1915 -2.13% -0.94%
1914 -2.67% -0.55%
1913 -2.23% -0.17%
1912 -3.29% -0.51%
1911 -3.32% -0.87%
1910 -3.17% -0.81%
1909 -2.26% -2.08%
1908 -0.84% -2.27%
1907 -2.39% -0.68%
1906 -2.8% -0.66%
1905 -1.31% -0.34%
1904 -1.6% -0.56%
1903 -1.35% 0.08%
1902 -3.65% -1.57%
1901 -3.93% -1.34%
1900 -1.89% -0.32%
1899 -0.78% 0.57%
1898 -3.84% 0.91%
1897 -1.78% 1.09%
1896 -5.36% -0.59%
1895 -2.31% 1%
1894 0.82% 0.47%
1893 -0.59% -0.49%
1892 -1.33% -0.68%
1891 -6.72% -0.6%
1890 -3.65% 0.33%
1889 -2.71% 0.19%
1888 -0.58% -0.05%
1887 -4% -1.5%
1886 -5.17% -0.98%
1885 -2.46% -0.08%
1884 -3.23% 0.24%
1883 -3.57% 0.16%
1882 -2.86% 0.36%
1881 -1.83% -0.17%
1880 -2% -0.47%
1879 -4.34% -1.89%
1878 -2.27% -2.04%
1877 -3.88% -1.21%
1876 -3.17% -1.07%
1875 -3.73% -1.26%
1874 -4.75% -1.05%
1873 -1.94% 0.06%
1872 -1.78% -0.15%
1871 -2.38% 0.22%
1870 -1.83% -0.42%
1869 -1.07% -1.52%
1868 -2.85% -1.67%
1867 -4.31% -1.17%
1866 -5.72% -3.01%
1865 -1.95% -2.02%
1864 -1.07% -2.3%
1863 -0.26% -1.58%
1862 -0.13% -1.35%
1861 -0.5% -1.11%
1860 -0.07% -2.03%
1859 -1.6% -2.17%
1858 -1.37% -2.36%
1857 -0.3% -0.62%
1856 0.11% -0.08%
1855 0.1% -0.09%
1854 -0.2% -0.19%
1853 0.27% 0.17%
1852 0.68% -0.31%
1851 -0.39% -0.07%
1850 0.35% 0.004%
1849 0.6% 0.09%
1848 -0.25% 0.12%
1847 0.04% 0.08%
1846 0.36% 0.13%
1845 -0.21% 0.04%
1844 0.48% 0.009%
1843 0.69% 0.05%
1842 1.1% -0.12%
1841 0.31% 0.06%
1840 0.34% -0.01%
1839 0.25% -0.006%
1838 -0.21% 0.09%
1837 -0.05% -0.38%
1836 -0.17% -0.08%
1835 -0.58% 0.08%
1834 -0.39% -0.12%
1833 -0.45% 0.09%
1832 -0.57% 0.01%
1831 -0.77% -0.1%
1830 -0.51% -0.45%
1829 -0.06% 2.7%
1828 -0.3% 0.03%
1827 0.07% -0.16%
1826 -0.08% 0.37%
1825 0.05% 0.18%
1824 -0.37% -0.23%
1823 0.98% 0.37%
1822 1.28% -0.03%
1821 -0.19% -0.49%
1820 0.64% 0.26%
1819 0.16% 0.09%
1818 1.52% 0.35%
1817 0.94% 0.35%
1816 1.21% 0.16%
1815 1.53% 2.34%
1814 1.91% -0.45%
1813 2.34% -0.37%
1812 2.79% 3.47%
1811 3.24% -0.48%
1810 3.64% -3.05%
1809 - -7.65%
1808 - -5.04%
1807 - 0.1%
1806 - 0.55%
1805 - 0.52%
1804 - -0.25%
1803 - 11.6%
1802 - 2.17%
1801 - 0.01%
1800 - -0.44%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1800–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/chile/sweden | CC BY

In 2024, Chile's government deficit, the difference between spending and revenue, was $9.3B, equivalent to 2.82% of GDP. This compares to Sweden's deficit of $10.4B, or 1.72% of GDP.

Over the past 65 years, Chile recorded a fiscal deficit in 41 of those years, while Sweden ran a deficit in 45 years. On average, Chile posted an annual deficit equal to 0.61% of GDP, compared to deficit of 2.46% of GDP for Sweden.

Inflation comparison by year

Inflation
Chile

Sweden
1x
Year Consumer prices inflation
Chile Sweden
2024 4.3% 2.84%
2023 7.58% 8.55%
2022 11.6% 8.37%
2021 4.52% 2.16%
2020 3.05% 0.5%
2019 2.56% 1.78%
2018 2.43% 1.95%
2017 2.18% 1.79%
2016 3.79% 0.98%
2015 4.35% -0.05%
2014 4.72% -0.18%
2013 1.79% -0.04%
2012 3.01% 0.89%
2011 3.34% 2.96%
2010 1.41% 1.16%
2009 0.35% -0.49%
2008 8.72% 3.44%
2007 4.41% 2.21%
2006 3.39% 1.36%
2005 3.05% 0.45%
2004 1.05% 0.37%
2003 2.81% 1.93%
2002 2.49% 2.16%
2001 3.57% 2.41%
2000 3.84% 0.9%
1999 3.34% 0.46%
1998 5.11% -0.27%
1997 6.13% 0.66%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/chile/sweden | CC BY

Over the past 28 years, Chile has recorded an average annual inflation rate of 3.89%, compared with 1.76% in Sweden. In 2024, inflation was 4.3% in Chile and 2.84% in Sweden.

Top exports between countries

Chile
Export category Export value
Metals $262M
Raw materials & minerals $49.6M
Processed food, beverages & tobacco $20.9M
Raw agricultural goods $11.9M
Miscellaneous $5.91M
Wood & paper products $3.25M
Machinery & equipment $3.01M
Animal & marine products $2.2M
Textiles & consumer goods $549K
Weapons & explosives $284K
Sweden
Export category Export value
Transport & tourism services $383M
Machinery & equipment $270M
IT & IP services $69.9M
Metals $41.6M
Chemicals & pharma $34.5M
Wood & paper products $22.5M
Textiles & consumer goods $16.6M
Business & finance services $14M
Raw materials & minerals $9.62M
Processed food, beverages & tobacco $8.29M

Balance of trade

Chile Sweden
Current account balance
-$4.85B
2024
$35.8B
2024
Current account balance ranking
166/190
2024
17/190
2024
Current account balance, % of GDP
-1.47%
2024
+5.92%
2024
Goods imports
$78.1B
2024
$188B
2024
Goods exports
$99.2B
2024
$218B
2024
Service imports
$21.1B
2024
$126B
2024
Service exports
$12B
2024
$116B
2024
Imports of goods and services, % of GDP
30.1%
2024
51.6%
2024
Exports of goods and services, % of GDP
33.7%
2024
54.3%
2024

Economic freedom indices

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

Chile Sweden
Economic freedom 74.3 77.8
Economic freedom ranking 20/197 14/197
Property rights 69.7 96.2
Government integrity 67.8 91.6
Judicial effectiveness 90.3 95.6
Tax burden 72.5 51.6
Government spending 78.2 28.4
Fiscal health 94.1 97.5
Business freedom 78.5 84.8
Labor freedom 56.8 65.8
Monetary freedom 75.1 78.1
Trade freedom 78 79.4
Investment freedom 60 85
Financial freedom 70 80

Economic freedom comparison by year

Chile
Sweden
1x
Year Economic freedom index
Chile Sweden
2026 74.3 77.8
2025 73.2 77.9
2024 71.4 77.5
2023 71.1 77.5
2022 74.4 77.9
2021 75.2 74.7
2020 76.8 74.9
2019 75.4 75.2
2018 75.2 76.3
2017 76.5 74.9
2016 77.7 72
2015 78.5 72.7
2014 78.7 73.1
2013 79 72.9
2012 78.3 71.7
2011 77.4 71.9
2010 77.2 72.4
2009 78.3 70.5
2008 78.6 70.8
2007 77.7 69.3
2006 78 70.9
2005 77.8 69.8
2004 76.9 70.1
2003 76 70
2002 77.8 70.8
2001 75.1 66.6
2000 74.7 65.1
1999 74.1 64.2
1998 74.9 64
1997 75.9 63.3
1996 72.6 61.8
1995 71.2 61.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/chile/sweden | CC BY

The Economic Freedom Index for Chile is 74.3, ranking 20/197, compared to 77.8 for Sweden, ranking 14/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chile Sweden
Services, % of GDP
56.1%
2024
66.4%
2024
Industry, % of GDP
30.1%
2024
21.7%
2024
Agriculture, forestry, and fishing, % of GDP
3.91%
2024
1.42%
2024
GNI, Atlas method
$311B
2024
$615B
2024
GNI per capita, PPP
$34,320
2024
$75,000
2024
Total reserves including gold
$44.4B
2024
$62.6B
2024
Total reserves ranking
45/177
2024
37/177
2024
Net foreign direct investment
-$8.93B
2024
$2.08B
2024
Net inflows of foreign direct investment
$12.5B
2024
$27B
2024
Net outflows of foreign direct investment
$3.59B
2024
$29.6B
2024
Poverty at national poverty lines
6.5%
2022
16.1%
2022
Gross capital formation, % of GDP
23.2%
2024
25.4%
2024

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/sweden | CC BY

Compare countries by 7 more topics

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Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1800–1992, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.