Minimum Wages in Chile increased to 301000 CLP/Month in 2019 from 276000 CLP/Month in 2018. Chile Minimum Monthly Wages - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Minimum Wages in Chile averaged 197286 CLP/Month from 2003 until 2019, reaching an all time high of 301000 CLP/Month in 2019 and a record low of 115648 CLP/Month in 2003. 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. source: Ministry of Labor and Social Welfare
Minimum Wages in Chile is expected to reach 320000.00 CLP/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Minimum Monthly Wages is projected to trend around 340000.00 CLP/Month in 2021, according to our econometric models.