Minimum relative to average wages of full-time workers in Chile
Chile: Minimum relative to average wages of full-time workers was 44.83 Percentage of average wage of full-time employees in 2024. β² Rising
Minimum relative to average wages of full-time workers in Chile, 2000β2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of average wage of full-time employees.
Analysis
Chile recorded 44.83 Percentage of average wage of full-time employees for minimum relative to average wages of full-time workers in 2024.
The figure is down 0.6% on the previous year and down 0.4% over ten years.
Over the whole period, minimum relative to average wages of full-time workers in Chile peaked at 48.17 Percentage of average wage of full-time employees in 2016 and was at its lowest, 39.15 Percentage of average wage of full-time employees, in 2000.
That places Chile 10th out of 23 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.03 Percentage of average wage of full-time employees | 39.15 Percentage of average wage of full-time employees | 43.91 Percentage of average wage of full-time employees | 4 |
| 2010s | 45.32 Percentage of average wage of full-time employees | 42.82 Percentage of average wage of full-time employees | 48.17 Percentage of average wage of full-time employees | 10 |
| 2020s | 45.03 Percentage of average wage of full-time employees | 44.62 Percentage of average wage of full-time employees | 45.46 Percentage of average wage of full-time employees | 5 |
Countries ranked near Chile
- 7 Australia 46.43 Percentage of average wage of full-time employees compare
- 8 Spain 46.25 Percentage of average wage of full-time employees compare
- 9 Luxembourg 45.49 Percentage of average wage of full-time employees compare
- 11 Romania 44.18 Percentage of average wage of full-time employees compare
- 12 Germany 43.95 Percentage of average wage of full-time employees compare
- 13 Canada 42.96 Percentage of average wage of full-time employees compare
More work & labour data for Chile
- Population - Est. & Proj. β Total Population - Both sexes, annual -1.14 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth -1.14 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth -1.15 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -1.62 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate 0.2334 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 19,028 1000 No (2050)
- Population - Est. & Proj. β Rural population 1,690 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 6,735 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 6,695 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 13,431 1000 No (2100)
Frequently asked questions
- What is minimum relative to average wages of full-time workers in Chile?
- Minimum relative to average wages of full-time workers in Chile was 44.83 Percentage of average wage of full-time employees in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest minimum relative to average wages of full-time workers recorded in Chile?
- The highest recorded value was 48.17 Percentage of average wage of full-time employees in 2016.
- What is the lowest minimum relative to average wages of full-time workers recorded in Chile?
- The lowest recorded value was 39.15 Percentage of average wage of full-time employees in 2000.
- How does Chile rank for minimum relative to average wages of full-time workers?
- Chile ranks 10th out of 23 countries with data for 2024.
- Is minimum relative to average wages of full-time workers rising or falling in Chile?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is rising.
- Where does this Chile data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Minimum relative to average wages of full-time workers. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 19 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries. Minimum relative to mean earnings of full-time workers are also provided.