Minimum Wages in Chile increased to 320500 CLP/Month in 2020 from 301000 CLP/Month in 2019.
Minimum Wages in Chile averaged 203770.95 CLP/Month from 2003 until 2020, reaching an all time high of 320500 CLP/Month in 2020 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. Chile Minimum Monthly Wages - values, historical data and charts - was last updated on October of 2020. source: Ministry of Labor and Social Welfare
Minimum Wages in Chile is expected to reach 320500.00 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 and 360000.00 CLP/Month in 2022, according to our econometric models.