Wages in Chile decreased to 4874.69 CLP/Hour in May from 4894.52 CLP/Hour in April of 2019. Wages in Chile averaged 3644.79 CLP/Hour from 2010 until 2019, reaching an all time high of 4894.52 CLP/Hour in April of 2019 and a record low of 2570.67 CLP/Hour in January of 2010.

Wages in Chile is expected to be 4840.00 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 5000.00 in 12 months time. In the long-term, the Chile Hourly Wage is projected to trend around 5300.00 CLP/Hour in 2020, according to our econometric models.

Chile Hourly Wage
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Forecast Data Chart
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Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.10 13.50 5.10 percent [+]
Employed Persons 8469.53 8508.53 8508.53 6478.51 Thousand [+]
Unemployed Persons 647.60 648.82 855.70 468.14 Thousand [+]
Employment Rate 55.10 55.50 56.67 52.47 percent [+]
Labor Force Participation Rate 59.40 59.70 60.37 57.69 percent [+]
Job Vacancies 15.60 18.90 161.00 9.90 Index Points [+]
Wages 4874.69 4894.52 4894.52 2570.67 CLP/Hour [+]
Wages in Manufacturing 115.24 114.36 143.51 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 Hourly Wage

In Chile, wages are benchmarked using average hourly earnings. This page provides - Chile Hourly Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Hourly Wage - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4874.69 4894.52 4894.52 2570.67 2010 - 2019 CLP/Hour Monthly
2016=100, NSA




Country Last Previous
Argentina 40911.00 Apr/19
Australia 1237.90 Jun/19
Brazil 2290.00 Jun/19
Canada 25.60 May/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 560430.00 Jun/19
Mexico 376.63 Jun/19
Russia 49840.00 Jun/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 538.00 Jun/19
United States 23.46 Jul/19


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