Published Wednesday, 18 June 2014
A dejected Iker Casillas, Fernando Torres and Andres Iniesta walk off the pitch (© Getty)
Goals from Eduardo Vargas and Charles Aranguiz secured the comprehensive victory for the South American side, who have now qualified from Group B along with Holland.
It is not the first time the reigning world champions have failed to make the knock-out rounds - it happened to Italy in 2010 and France in 2002 - but never before had it happened after the first two games.
After the humiliating exit, Spain coach Vicente Del Bosque said he needed to take time to think about his own future and "what is good for Spanish football".
He said: "There will be time to think and reflect what we are going to do. I think this team is good but we have to take a decision about what is good for Spanish football and that applies to myself as well."
The loss against Chile came after last week's 5-1 defeat by Holland.
Spain's World Cup 2010 triumph was accompanied by two European Championship wins in 2008 and 2012.
© UTV News