Monthly minimum wage in Chile
Chile: Monthly minimum wage was 500,000 in 2024. ◆ Volatile
Monthly minimum wage in Chile, 1995–2024
Source: International Labour Organization.
Analysis
The most recent figure for monthly minimum wage in Chile is 500,000, measured in 2024. That is the highest value across all 30 years on record.
That represents a change of up 22.0% on the previous year and up 122.2% over ten years.
Over the whole period, monthly minimum wage in Chile peaked at 500,000 in 2024 and was at its lowest, 58,900, in 1995.
That places Chile 12th out of 173 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage in Chile, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 58,900 | — |
| 1996 | 65,500 | +11.2% |
| 1997 | 71,400 | +9.0% |
| 1998 | 80,500 | +12.7% |
| 1999 | 86,333 | +7.2% |
| 2000 | 96,042 | +11.2% |
| 2001 | 103,208 | +7.5% |
| 2002 | 108,825 | +5.4% |
| 2003 | 113,424 | +4.2% |
| 2004 | 117,824 | +3.9% |
| 2005 | 123,750 | +5.0% |
| 2006 | 131,250 | +6.1% |
| 2007 | 139,500 | +6.3% |
| 2008 | 159,000 | +14.0% |
| 2009 | 165,000 | +3.8% |
| 2010 | 172,000 | +4.2% |
| 2011 | 182,000 | +5.8% |
| 2012 | 193,000 | +6.0% |
| 2013 | 210,000 | +8.8% |
| 2014 | 225,000 | +7.1% |
| 2015 | 241,000 | +7.1% |
| 2016 | 257,500 | +6.8% |
| 2017 | 270,000 | +4.9% |
| 2018 | 288,000 | +6.7% |
| 2019 | 301,000 | +4.5% |
| 2020 | 320,500 | +6.5% |
| 2021 | 337,000 | +5.1% |
| 2022 | 400,000 | +18.7% |
| 2023 | 410,000 | +2.5% |
| 2024 | 500,000 | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72,527 | 58,900 | 86,333 | 5 |
| 2000s | 125,782 | 96,042 | 165,000 | 10 |
| 2010s | 233,950 | 172,000 | 301,000 | 10 |
| 2020s | 393,500 | 320,500 | 500,000 | 5 |
Countries ranked near Chile
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 in Chile?
- Monthly minimum wage in Chile was 500,000 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Chile?
- The highest recorded value was 500,000 in 2024.
- What is the lowest monthly minimum wage recorded in Chile?
- The lowest recorded value was 58,900 in 1995.
- How does Chile rank for monthly minimum wage?
- Chile ranks 12th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Chile?
- Over the last ten years it is up 122.2%. The long-run trend across the full record is volatile.
- Where does this Chile data come from?
- The figures come from International Labour Organization, published as part of Monthly minimum wage. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.