Ledger · Sovereign borrowing
Chile’s central government debt and Treasury assets through September 2026
Chile’s Budget Directorate reported gross central government debt of 44.7% of GDP at the end of September 2026, up from a revised 43.0% in June. Consolidated Treasury assets reached 6.0% of GDP and the net financial position was minus 38.7%. The September report puts all three quarter-end ratios on its updated GDP basis.
Sources checked
Gross central government debt
Shared scale · 0% of GDP to 44.7% of GDP
Consolidated Treasury assets
Shared scale · 0% of GDP to 44.7% of GDP
The views share a percentage-of-GDP scale. The signed net financial position is in the table.
The September stock can be expressed in pesos or dollars
The Budget Directorate reported gross central government debt of 160.031 trillion Chilean pesos at September quarter-end, equivalent to US$164.902 billion using the September 30 exchange rate. The methodology reports outstanding principal valued at prevailing exchange rates and uses four quarters of GDP for the ratio. Source 1 Source 3
Net issuance and currency valuation increased the peso stock
The report attributes about 5.342 trillion pesos of the increase from June to net issuance and 2.507 trillion to exchange-rate valuation, with about 0.256 trillion from the UF inflation-index adjustment. The peso moved from 922.34 to 970.46 per U.S. dollar between the two quarter ends. Source 1
Treasury assets moved alongside the debt stock
Consolidated Treasury assets rose from US$18.912 billion in June to US$22.248 billion in September. The September total included approximately US$10.520 billion in the Pension Reserve Fund and US$3.821 billion in the Economic and Social Stabilization Fund. The larger asset balance helps explain why the net position in U.S. dollars became less negative. Source 1 Source 2
Use one report vintage to compare GDP ratios
The September report revises the earlier-quarter ratios after a national accounts update while keeping the reported dollar figures unchanged. It also uses an estimate of nominal third-quarter GDP for the latest rolling denominator. Net financial position became more negative as a share of GDP even as the signed dollar amount moved closer to zero. Source 1 Source 3