Wages in Chile increased to 4761.20 CLP/Hour in September from 4717.74 CLP/Hour in August of 2018. Wages in Chile averaged 3555.36 CLP/Hour from 2010 until 2018, reaching an all time high of 4761.20 CLP/Hour in September of 2018 and a record low of 2570.67 CLP/Hour in January of 2010.

Wages in Chile is expected to be 4700.00 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 5007.35 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 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 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4761.20 4717.74 4761.20 2570.67 2010 - 2018 CLP/Hour Monthly
2016=100, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20176.00 Jun/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.95 Nov/18


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