What would a basic income cost in Chile?
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Total cost per year
10.5 trillion Chilean pesos
about 11 billion US dollars
19.9 million people × 44,000 Chilean pesos a month × 12 months
Compared with
- Government expense (central) (2023)12.6%
- Government revenue (central, excl. grants) (2024)14.1%
- Tax revenue (central government) (2024)16.9%
- GDP (nominal) (2025)3.1%
Chile in numbers
Chile has a population of 19.9 million (2025) and a GDP of 340 trillion Chilean pesos (about 357 billion US dollars) in 2025.
Paying everyone 44,000 Chilean pesos a month would cost 10.5 trillion Chilean pesos a year (about 11 billion US dollars), or 3.1% of GDP. That equals 12.6% of central government expense (2023), 14.1% of its revenue (2024), and 16.9% of its tax revenue (2024).
Children only (under 18: 4.03 million) would cost 2.13 trillion Chilean pesos a year (0.63% of GDP); adults only (18 and over: 15.8 million), 8.36 trillion Chilean pesos (2.5%).
Default amount: 44,000 Chilean pesos a month is the World Bank's international poverty line of $3.00 a day (2021 PPP), converted into Chilean pesos with the World Bank's PPP conversion factor for household consumption (2025) and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Government expense and tax revenue
- World Bank: central government expense, revenue excluding grants and tax revenue, % of GDP (GC.XPN.TOTL.GD.ZS, GC.REV.XGRT.GD.ZS, GC.TAX.TOTL.GD.ZS), 2023, 2024
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- World Bank: PPP conversion factor, household final consumption (PA.NUS.PRVT.PP), 2025
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.