Chile vs Paraguay: Monthly minimum wage (Local currency), annual growth rate

Chile
21.95 % change on previous year
in 2024
Paraguay
22.23 % change on previous year
in 2024
Chile rank
21st
Paraguay rank
19th

Monthly minimum wage (Local currency), annual growth rate over time

  • Chile
  • Paraguay
05101520199620102024

How they compare

Paraguay currently reports 22.23 % change on previous year against 21.95 % change on previous year in Chile, a difference of 0.28 % change on previous year.

The two have swapped places 13 times across 29 shared years of data; in 1996 it was Chile ahead.

Chile ranks 21st and Paraguay ranks 19th of 168 countries.

Across the 4 decades both report, Chile averaged higher in 3 and Paraguay in 1.

Head to head by decade

Decade Chile Paraguay Difference Ahead
1990s 10.05 % change on previous year 8 % change on previous year 2.05 % change on previous year Chile
2000s 6.74 % change on previous year 9.2 % change on previous year 2.46 % change on previous year Paraguay
2010s 6.2 % change on previous year 4.59 % change on previous year 1.61 % change on previous year Chile
2020s 10.95 % change on previous year 5.33 % change on previous year 5.63 % change on previous year Chile

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monthly minimum wage (local currency), annual growth rate, Chile or Paraguay?
Paraguay, at 22.23 % change on previous year against 21.95 % change on previous year in Chile as of 2024.
What is the difference in monthly minimum wage (local currency), annual growth rate between Chile and Paraguay?
0.28 % change on previous year, with Paraguay ahead.
How many years of comparable data are there for Chile and Paraguay?
29 years are reported by both, from 1996 to 2024.
How do Chile and Paraguay rank globally for monthly minimum wage (local currency), annual growth rate?
Chile ranks 21st and Paraguay ranks 19th of 168 countries.
Where does this data come from?
Statizoid (derived), published as Monthly minimum wage (Local currency), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Chile vs Paraguay: Monthly minimum wage (Local currency), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/compare/monthly-minimum-wage-local-currency-annual-growth-rate/chile/paraguay/

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About this data

Indicator
Monthly minimum wage (Local currency), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,744 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.