Minimum Wages in Chile increased to 301000 CLP/Month in 2019 from 276000 CLP/Month in 2018. 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.

Minimum Wages in Chile is expected to be 301000.00 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 340000.00 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 7.20 7.20 13.50 5.10 percent [+]
Employed Persons 8460.67 8474.03 8508.53 6478.51 Thousand [+]
Unemployed Persons 654.98 654.58 855.70 468.14 Thousand [+]
Employment Rate 54.90 55.10 56.67 52.47 percent [+]
Labor Force Participation Rate 59.20 59.40 60.37 57.69 percent [+]
Job Vacancies 16.60 15.20 161.00 9.90 Index Points [+]
Wages 4893.60 4866.00 4894.52 2570.67 CLP/Hour [+]
Wages in Manufacturing 115.87 115.60 143.51 97.75 Index Points [+]
Minimum Wages 301000.00 276000.00 301000.00 115648.00 CLP/Month [+]
Population 18.75 18.37 18.75 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
301000.00 276000.00 301000.00 115648.00 2003 - 2019 CLP/Month Yearly




Country Last Previous
Argentina 16875.00 Oct/19
Australia 740.80 Jul/19
Brazil 998.00 Oct/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
India 176.00 Dec/18
Indonesia 3.94 Jan/19
Japan 901.00 Oct/19
Mexico 102.68 Aug/19
Netherlands 1635.60 Dec/19
Russia 11163.00 May/18
South Korea 8350.00 Dec/19
Spain 1050.00 Jun/19
Turkey 2558.40 Dec/19
United Kingdom 8.21 Apr/19
United States 7.25 Dec/19


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