Wages in Chile increased to 5060.35 CLP/Hour in May from 5053.58 CLP/Hour in April of 2020.

Wages in Chile averaged 3773.30 CLP/Hour from 2010 until 2020, reaching an all time high of 5091.68 CLP/Hour in March of 2020 and a record low of 2570.67 CLP/Hour in January of 2010. This page provides - Chile Hourly Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Hourly Wage - values, historical data and charts - was last updated on October of 2020. source: National Institute of Statistics, Chile

Wages in Chile is expected to be 5080.00 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 5120.00 in 12 months time. In the long-term, the Chile Hourly Wage is projected to trend around 5180.00 CLP/Hour in 2021 and 5300.00 CLP/Hour in 2022, according to our econometric models.

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Chile Hourly Wage

Actual Previous Highest Lowest Dates Unit Frequency
5060.35 5053.58 5091.68 2570.67 2010 - 2020 CLP/Hour Monthly
2016=100, NSA

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.90 13.10 13.50 5.10 percent [+]
Employed Persons 7192.21 7073.19 9118.18 6478.51 Thousand [+]
Unemployed Persons 1067.68 1065.45 1067.68 497.52 Thousand [+]
Employment Rate 45.70 45.00 59.10 45.00 percent [+]
Labor Force Participation Rate 52.50 51.80 63.40 51.80 percent [+]
Job Vacancies 3.50 2.20 167.10 2.00 points [+]
Wages 5060.35 5053.58 5091.68 2570.67 CLP/Hour [+]
Wages in Manufacturing 120.02 120.14 143.51 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 Hourly Wage
In Chile, wages are benchmarked using average hourly earnings.