Living Wage Individual in Chile decreased to 388600 CLP/Month in 2018 from 394100 CLP/Month in 2017. source: WageIndicator Foundation

Living Wage Individual in Chile averaged 386925 CLP/Month from 2015 until 2018, reaching an all time high of 394100 CLP/Month in 2017 and a record low of 379500 CLP/Month in 2016. Chile Living Wage Individual - values, historical data and charts - was last updated on December of 2020.

Living Wage Individual in Chile is expected to reach 402500.00 CLP/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Living Wage Individual is projected to trend around 402500.00 CLP/Month in 2021 and 386904.80 CLP/Month in 2022, according to our econometric models.

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Chile Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
388600.00 394100.00 394100.00 379500.00 2015 - 2018 CLP/Month yearly

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.60 12.30 13.50 5.10 percent [+]
Employed Persons 7667.66 7365.06 9118.18 6478.51 Thousand [+]
Unemployed Persons 1003.91 1037.58 1067.68 497.52 Thousand [+]
Employment Rate 48.60 46.80 59.10 45.00 percent [+]
Labor Force Participation Rate 55.00 53.40 63.40 51.80 percent [+]
Job Vacancies 5.80 5.20 167.10 2.00 points [+]
Wages 5105.85 5086.03 5105.85 2570.67 CLP/Hour [+]
Wages in Manufacturing 121.35 120.02 143.51 97.75 points [+]
Minimum Wages 320500.00 301000.00 320500.00 115648.00 CLP/Month [+]
Population 19.11 18.75 19.11 7.65 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]


Chile Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.