Wages in Chile increased to 4958.57 CLP/Hour in September from 4939.90 CLP/Hour in August of 2019. Wages in Chile averaged 3688.23 CLP/Hour from 2010 until 2019, reaching an all time high of 4958.57 CLP/Hour in September of 2019 and a record low of 2570.67 CLP/Hour in January of 2010. source: National Institute of Statistics, Chile

Wages in Chile is expected to be 5000.00 CLP/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Chile to stand at 5000.00 in 12 months time. In the long-term, the Chile Hourly Wage is projected to trend around 5300.00 CLP/Hour in 2020, according to our econometric models.

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Chile Hourly Wage

Actual Previous Highest Lowest Dates Unit Frequency
4958.57 4939.90 4958.57 2570.67 2010 - 2019 CLP/Hour Monthly
2016=100, NSA


Chile Hourly Wage
In Chile, wages are benchmarked using average hourly earnings.

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 7.00 13.50 5.10 percent [+]
Employed Persons 8532.26 8484.47 8532.26 6478.51 Thousand [+]
Unemployed Persons 630.44 639.59 855.70 468.14 Thousand [+]
Employment Rate 55.14 54.92 56.67 52.47 percent [+]
Labor Force Participation Rate 59.22 59.06 60.37 57.69 percent [+]
Job Vacancies 11.80 17.50 167.10 11.80 points [+]
Wages 4958.57 4939.90 4958.57 2570.67 CLP/Hour [+]
Wages in Manufacturing 115.63 115.80 143.51 97.75 points [+]
Minimum Wages 301000.00 276000.00 301000.00 115648.00 CLP/Month [+]
Population 18.75 18.37 18.75 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 [+]
Wages Low Skilled 388700.00 397600.00 397600.00 363600.00 CLP/Month [+]
Wages High Skilled 1154700.00 1149700.00 1179700.00 1112800.00 CLP/Month [+]
Living Wage Family 599700.00 600000.00 600000.00 584400.00 CLP/Month [+]
Living Wage Individual 388600.00 394100.00 394100.00 379500.00 CLP/Month [+]