Wages in Chile increased to 4866.76 CLP/Hour in March from 4792.14 CLP/Hour in February of 2019. Wages in Chile averaged 3622.42 CLP/Hour from 2010 until 2019, reaching an all time high of 4866.76 CLP/Hour in March of 2019 and a record low of 2570.67 CLP/Hour in January of 2010.

Wages in Chile is expected to be 4840.00 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.

Chile Hourly Wage
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Forecast Data Chart
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Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 6.90 13.50 5.10 percent [+]
Employed Persons 8495.63 8476.14 8495.63 6478.51 Thousand [+]
Unemployed Persons 625.80 623.33 855.70 468.14 Thousand [+]
Employment Rate 55.49 55.40 56.67 52.47 percent [+]
Labor Force Participation Rate 59.58 59.50 60.37 57.69 percent [+]
Job Vacancies 18.90 17.20 161.00 9.90 Index Points [+]
Wages 4866.76 4792.14 4866.76 2570.67 CLP/Hour [+]
Wages in Manufacturing 114.40 114.18 143.51 97.75 Index 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 [+]


Chile Hourly Wage

In Chile, wages are benchmarked using average hourly earnings. This page provides - Chile Hourly Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Hourly Wage - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4866.76 4792.14 4866.76 2570.67 2010 - 2019 CLP/Hour Monthly
2016=100, NSA




Country Last Previous
Argentina 41359.00 Mar/19
Australia 1225.30 Dec/18
Brazil 2295.00 Apr/19
Canada 25.53 Mar/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3938.00 Dec/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 312362.00 Apr/19
Mexico 373.70 Apr/19
Russia 48510.00 May/19
Singapore 6005.00 Mar/19
South Africa 21190.00 Dec/18
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 532.00 Apr/19
United States 23.38 May/19


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