Monthly minimum wage (Local currency), annual growth rate in Chile
Chile: Monthly minimum wage (Local currency), annual growth rate was 21.95 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Chile, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, monthly minimum wage (local currency), annual growth rate in Chile stood at 21.95 % change on previous year. That is the highest value across all 29 years on record.
The figure is up 778.0% on the previous year and up 207.3% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Chile peaked at 21.95 % change on previous year in 2024 and was at its lowest, 2.5 % change on previous year, in 2023.
That places Chile 21st out of 168 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Chile, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 11.21 % change on previous year | — |
| 1997 | 9.01 % change on previous year | -19.6% |
| 1998 | 12.75 % change on previous year | +41.5% |
| 1999 | 7.25 % change on previous year | -43.1% |
| 2000 | 11.25 % change on previous year | +55.2% |
| 2001 | 7.46 % change on previous year | -33.7% |
| 2002 | 5.44 % change on previous year | -27.1% |
| 2003 | 4.23 % change on previous year | -22.3% |
| 2004 | 3.88 % change on previous year | -8.2% |
| 2005 | 5.03 % change on previous year | +29.7% |
| 2006 | 6.06 % change on previous year | +20.5% |
| 2007 | 6.29 % change on previous year | +3.7% |
| 2008 | 13.98 % change on previous year | +122.4% |
| 2009 | 3.77 % change on previous year | -73.0% |
| 2010 | 4.24 % change on previous year | +12.4% |
| 2011 | 5.81 % change on previous year | +37.0% |
| 2012 | 6.04 % change on previous year | +4.0% |
| 2013 | 8.81 % change on previous year | +45.7% |
| 2014 | 7.14 % change on previous year | -18.9% |
| 2015 | 7.11 % change on previous year | -0.4% |
| 2016 | 6.85 % change on previous year | -3.7% |
| 2017 | 4.85 % change on previous year | -29.1% |
| 2018 | 6.67 % change on previous year | +37.3% |
| 2019 | 4.51 % change on previous year | -32.3% |
| 2020 | 6.48 % change on previous year | +43.5% |
| 2021 | 5.15 % change on previous year | -20.5% |
| 2022 | 18.69 % change on previous year | +263.1% |
| 2023 | 2.5 % change on previous year | -86.6% |
| 2024 | 21.95 % change on previous year | +778.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.05 % change on previous year | 7.25 % change on previous year | 12.75 % change on previous year | 4 |
| 2000s | 6.74 % change on previous year | 3.77 % change on previous year | 13.98 % change on previous year | 10 |
| 2010s | 6.2 % change on previous year | 4.24 % change on previous year | 8.81 % change on previous year | 10 |
| 2020s | 10.95 % change on previous year | 2.5 % change on previous year | 21.95 % change on previous year | 5 |
Countries ranked near Chile
- 18 Botswana 23.34 % change on previous year compare
- 19 Paraguay 22.23 % change on previous year compare
- 20 Ghana 21.97 % change on previous year compare
- 22 Kazakhstan 21.43 % change on previous year compare
- 23 Palau 21.29 % change on previous year compare
- 24 Serbia 20.46 % change on previous year 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 monthly minimum wage (local currency), annual growth rate in Chile?
- Monthly minimum wage (local currency), annual growth rate in Chile was 21.95 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Chile?
- The highest recorded value was 21.95 % change on previous year in 2024.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Chile?
- The lowest recorded value was 2.5 % change on previous year in 2023.
- How does Chile rank for monthly minimum wage (local currency), annual growth rate?
- Chile ranks 21st out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Chile?
- Over the last ten years it is up 207.3%. The long-run trend across the full record is volatile.
- Where does this Chile data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
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.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
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.