Wages in Chile increased to 5275.76 CLP/Hour in January from 5201.67 CLP/Hour in December of 2020. source: National Institute of Statistics, Chile

Wages in Chile averaged 3857.13 CLP/Hour from 2010 until 2021, reaching an all time high of 5275.76 CLP/Hour in January of 2021 and a record low of 2570.67 CLP/Hour in January of 2010. This page provides - Chile Hourly Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Hourly Wage - values, historical data and charts - was last updated on June of 2021.

Wages in Chile is expected to be 5250.00 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 5180.00 in 12 months time. In the long-term, the Chile Hourly Wage is projected to trend around 5200.00 CLP/Hour in 2022 and 5300.00 CLP/Hour in 2023, according to our econometric models.

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Chile Hourly Wage

Actual Previous Highest Lowest Dates Unit Frequency
5275.76 5201.67 5275.76 2570.67 2010 - 2021 CLP/Hour Monthly
2016=100, NSA

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.20 10.40 13.50 5.10 percent [+]
Employed Persons 8104.13 8148.21 9118.18 6478.51 Thousand [+]
Unemployed Persons 924.97 941.09 1067.68 497.52 Thousand [+]
Employment Rate 50.80 50.20 59.10 45.00 percent [+]
Labor Force Participation Rate 56.60 56.20 63.40 51.80 percent [+]
Job Vacancies 6.00 7.40 167.10 2.00 points [+]
Wages 5275.76 5201.67 5275.76 2570.67 CLP/Hour [+]
Wages in Manufacturing 126.07 125.17 143.51 97.75 points [+]
Minimum Wages 320500.00 301000.00 320500.00 115648.00 CLP/Month [+]
Population 19.46 19.11 19.46 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 Hourly Wage
In Chile, wages are benchmarked using average hourly earnings.