Minimum Wages in Chile increased to 276000 CLP/Month in 2018 from 270000 CLP/Month in 2017. Minimum Wages in Chile averaged 191185.18 CLP/Month from 2003 until 2018, reaching an all time high of 276000 CLP/Month in 2018 and a record low of 115648 CLP/Month in 2003.

Minimum Wages in Chile is expected to be 276000.00 CLP/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Minimum Monthly Wages is projected to trend around 290000.00 CLP/Month in 2020, according to our econometric models.

Chile Minimum Monthly Wages
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Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.10 13.50 5.10 percent [+]
Employed Persons 8380.81 8333.16 8433.82 6478.51 Thousand [+]
Unemployed Persons 638.57 634.96 855.70 468.14 Thousand [+]
Employment Rate 55.20 55.00 56.67 52.47 percent [+]
Labor Force Participation Rate 59.50 59.20 60.37 57.69 percent [+]
Job Vacancies 30.30 17.50 161.40 11.30 Index Points [+]
Wages 4761.20 4717.74 4761.20 2570.67 CLP/Hour [+]
Wages in Manufacturing 111.12 111.43 143.51 97.75 Index Points [+]
Minimum Wages 276000.00 270000.00 276000.00 115648.00 CLP/Month [+]
Population 18.37 18.19 18.37 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 Minimum Monthly Wages

In Chile, minimum wage refers to lowest gross monthly income. The minimum wage is revised every year in July taking into account expected inflation for the next 12 months, productivity and unemployment. In 2014, 11 percent of the total Chilean work force were under the minimum wage. This page provides the latest reported value for - Chile Minimum Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Minimum Monthly Wages - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
276000.00 270000.00 276000.00 115648.00 2003 - 2018 CLP/Month Yearly




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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