Chile

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

24,248.9

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

n/a

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

n/a

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

3.59

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

1.25

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

News

The role of green fiscal policy in the recovery from COVID-19: Experiences, good practices and next steps in Latin America and the Caribbean (UN ECLAC)

2020-11-04

Objective: Exploring the role of green fiscal policies in greening a COVID-19 recovery with the aim of supporting public health efforts, reducing environmental and climate

Chile’s Protests Offer Lessons on Social Inequality and Climate Action

2019-12-04

27 November 2019: The simple fact that the popular uprising in Chile was triggered by a fare increase for probably one of the “greenest” metros

President of Chile, business leaders and civil society support action on carbon pricing

2017-03-31

23 March 2017 – The President of Chile, Michelle Bachelet, hosted a lunch for Paul Polman, CEO of Unilever, business leaders and civil society

Reports

Carbon Pricing in Latin America – Trends and Opportunities (SPDA & KAS)

2020-06-08

This Spanish publication by the Peruvian Society for Environmental Law (SPDA) and the Konrad Adenauer Foundation collects the contribution of more than 25 people fromm

In Chile, green tax on stationary sources raises US$188,3 million in 2018, and records a slight drop on revenue collection ability due to lower emissions

2019-04-30

In 2018, the 93 establishments subject to the green tax totaled payments of US$188,3 million. This amount corresponds to the valuation of the emissions reported

Taxing Energy Use 2015 (OECD)

2017-05-05

This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80%

Policy Briefs

Chile – Country profile

2017-03-30

Background Chile’s steady growth and macroeconomic, as well as political, stability have made it one of the best performing economies in Latin America and the

Chile

Country indicators

News

The role of green fiscal policy in the recovery from COVID-19: Experiences, good practices and next steps in Latin America and the Caribbean (UN ECLAC)

Chile’s Protests Offer Lessons on Social Inequality and Climate Action

President of Chile, business leaders and civil society support action on carbon pricing

Reports

Carbon Pricing in Latin America – Trends and Opportunities (SPDA & KAS)

In Chile, green tax on stationary sources raises US$188,3 million in 2018, and records a slight drop on revenue collection ability due to lower emissions

Taxing Energy Use 2015 (OECD)

Policy Briefs

Chile – Country profile

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