Average hourly labour cost per employee - Discontinued in Chile
Chile: Average hourly labour cost per employee - Discontinued was 6,745 in 2022. ▲ Rising
Average hourly labour cost per employee - Discontinued in Chile, 2010–2022
Source: International Labour Organization.
Analysis
In 2022, average hourly labour cost per employee - discontinued in Chile stood at 6,745. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 20.1% on the previous year and up 56.4% over ten years.
Over the whole period, average hourly labour cost per employee - discontinued in Chile peaked at 6,745 in 2022 and was at its lowest, 3,826, in 2010.
That places Chile 5th out of 50 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Average hourly labour cost per employee - Discontinued in Chile, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 3,826 | — |
| 2011 | 4,033 | +5.4% |
| 2012 | 4,313 | +6.9% |
| 2013 | 4,573 | +6.0% |
| 2014 | 4,867 | +6.4% |
| 2015 | 5,209 | +7.0% |
| 2016 | 5,464 | +4.9% |
| 2017 | 5,133 | -6.0% |
| 2018 | 5,368 | +4.6% |
| 2019 | 5,617 | +4.6% |
| 2022 | 6,745 | +20.1% |
Chile compared with similar countries
- Chile's 6,745 is above the median for high income countries, which is 44.84, 150.4× the median. (38 countries reporting)
- Chile's 6,745 is above the median for Latin America & Caribbean, which is 2,705, 2.5× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4,840 | 3,826 | 5,617 | 10 |
| 2020s | 6,745 | 6,745 | 6,745 | 1 |
Countries ranked near Chile
- 2 South Africa 91,601 compare
- 3 Moldova 17,383 compare
- 4 Iceland 8,573 compare
- 6 Hungary 6,035 compare
- 7 Costa Rica 2,705 compare
- 8 Kazakhstan 2,452 compare
More work & labour data for Chile
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.14 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.14 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.15 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.62 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2334 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 19,028 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,690 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 6,735 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 6,695 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 13,431 1000 No (2100)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in Chile?
- Average hourly labour cost per employee - discontinued in Chile was 6,745 in 2022, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in Chile?
- The highest recorded value was 6,745 in 2022.
- What is the lowest average hourly labour cost per employee - discontinued recorded in Chile?
- The lowest recorded value was 3,826 in 2010.
- How does Chile rank for average hourly labour cost per employee - discontinued?
- Chile ranks 5th out of 50 countries with data for 2022.
- Is average hourly labour cost per employee - discontinued rising or falling in Chile?
- Over the last ten years it is up 56.4%. The long-run trend across the full record is rising.
- Where does this Chile data come from?
- The figures come from International Labour Organization, published as part of Average hourly labour cost per employee - Discontinued. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.