Living Wage Individual in Chile decreased to 388600 CLP/Month in 2018 from 394100 CLP/Month in 2017.

Living Wage Individual in Chile averaged 386925 CLP/Month from 2015 until 2018, reaching an all time high of 394100 CLP/Month in 2017 and a record low of 379500 CLP/Month in 2016. Chile Living Wage Individual - values, historical data and charts - was last updated on July of 2020.

Living Wage Individual in Chile is expected to reach 402500.00 CLP/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Living Wage Individual is projected to trend around 402500.00 CLP/Month in 2021 and 386904.80 CLP/Month in 2022, according to our econometric models.

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Chile Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
388600.00 394100.00 394100.00 379500.00 2015 - 2018 CLP/Month yearly

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.20 9.00 13.50 5.10 percent [+]
Employed Persons 7450.52 8235.93 9118.18 6478.51 Thousand [+]
Unemployed Persons 940.36 814.73 940.36 497.52 Thousand [+]
Employment Rate 47.60 52.70 59.10 47.60 percent [+]
Labor Force Participation Rate 53.60 57.90 63.40 53.60 percent [+]
Job Vacancies 2.00 2.10 167.10 2.00 points [+]
Wages 5043.30 5036.63 5043.30 2570.67 CLP/Hour [+]
Wages in Manufacturing 120.27 120.25 143.51 97.75 points [+]
Minimum Wages 320500.00 301000.00 320500.00 115648.00 CLP/Month [+]
Population 19.11 18.75 19.11 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 Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.