However , the financial crisis of 2008 together with the reconstruction following the 2010 Chile earthquake undermined the financial position of the country , resulting in a structural deficit that was reduced to 1/2 percent of GDP in 2012 , two years ahead of government expectations to pass the 1 % threshold . The 2013 budget was devised with a target structural deficit of 1 %
2010 Chile earthquake
2010 Chile earthquake
Ministry of Finance (Chile)