Key information about Chile Household Income per Capita

• Chile Annual Household Income per Capita reached 7,633.224 USD in Dec 2022, compared with the previous value of 7,871.269 USD in Dec 2017.
• Chile Annual Household Income per Capita data is updated yearly, available from Dec 2012 to Dec 2022, with an averaged value of 7,871.269 USD.
• The data reached an all-time high of 8,507.414 USD in Dec 2012 and a record low of 7,633.224 USD in Dec 2022.
• In the latest reports, Retail Sales of Chile grew 2.340 % YoY in Apr 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. The National Institute of Statistics provides Average Household Income per Capita in local currency. Central Bank of Chile average market exchange rate is used for currency conversions.

Chile Monthly Average per Capita Household Income: Great Santiago data was reported at 481,944.000 CLP in 2017. This records an increase from the previous number of 337,803.000 CLP for 2012. Chile Monthly Average per Capita Household Income: Great Santiago data is updated yearly, averaging 409,873.500 CLP from Dec 2012 (Median) to 2017, with 2 observations. The data reached an all-time high of 481,944.000 CLP in 2017 and a record low of 337,803.000 CLP in 2012. Chile Monthly Average per Capita Household Income: Great Santiago data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H015: Family Budget Survey: Monthly Average Household Income.

As of 2022, the bottom 50 percent in Chile, that is, the population whose income lied below the median, earned on average 4,800 U.S. dollars at purchasing power parity (PPP) before income taxes. This is nearly 43 times less than the average income of the top ten percent, that stood at 215,000 USD that year. In relation to percentage distribution of national wealth in Chile, the top ten percent accounted for over 80 percent of the overall national wealth.

Throughout the time displayed, the average monthly income in Chile has consistently increased since the beginning, reaching its highest amount in 2023 at ******* Chilean pesos.

Chile Monthly Average Household Income data was reported at 1,193,456.000 CLP in 2017. This records an increase from the previous number of 1,025,313.000 CLP for 2012. Chile Monthly Average Household Income data is updated yearly, averaging 1,109,384.500 CLP from Dec 2012 (Median) to 2017, with 2 observations. The data reached an all-time high of 1,193,456.000 CLP in 2017 and a record low of 1,025,313.000 CLP in 2012. Chile Monthly Average Household Income data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H015: Family Budget Survey: Monthly Average Household Income.

As of 2023, in Chile, the average monthly income has been higher in the region of Antofagasta, amounting to 1,085,900 Chilean pesos. This was followed by Magallanes and the Metropolitan area regions.

Chile Monthly Average Household Income: Great Santiago data was reported at 1,344,840.000 CLP in 2017. This records an increase from the previous number of 994,887.000 CLP for 2012. Chile Monthly Average Household Income: Great Santiago data is updated yearly, averaging 1,169,863.500 CLP from Dec 2012 (Median) to 2017, with 2 observations. The data reached an all-time high of 1,344,840.000 CLP in 2017 and a record low of 994,887.000 CLP in 2012. Chile Monthly Average Household Income: Great Santiago data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H015: Family Budget Survey: Monthly Average Household Income.

Chile CL: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 13.800 % in 2022. This records an increase from the previous number of 13.400 % for 2020. Chile CL: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 17.900 % from Dec 1987 (Median) to 2022, with 16 observations. The data reached an all-time high of 20.800 % in 1987 and a record low of 13.400 % in 2020. Chile CL: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

From 2016 to 2022, the average annual wage in Chile has decreased from 35,489 to 33,649 U.S. dollars, based on constant values.

Chile Monthly Average per Capita Household Income data was reported at 425,608.000 CLP in 2017. This records an increase from the previous number of 344,899.000 CLP for 2012. Chile Monthly Average per Capita Household Income data is updated yearly, averaging 385,253.500 CLP from Dec 2012 (Median) to 2017, with 2 observations. The data reached an all-time high of 425,608.000 CLP in 2017 and a record low of 344,899.000 CLP in 2012. Chile Monthly Average per Capita Household Income data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H015: Family Budget Survey: Monthly Average Household Income.

Chile Monthly Average per Capita Household Income: Other Regional Capitals data was reported at 354,565.000 CLP in 2017. This records a decrease from the previous number of 354,643.000 CLP for 2012. Chile Monthly Average per Capita Household Income: Other Regional Capitals data is updated yearly, averaging 354,604.000 CLP from Dec 2012 (Median) to 2017, with 2 observations. The data reached an all-time high of 354,643.000 CLP in 2012 and a record low of 354,565.000 CLP in 2017. Chile Monthly Average per Capita Household Income: Other Regional Capitals data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H015: Family Budget Survey: Monthly Average Household Income.

The national gross income per capita in Chile increased by 330 U.S. dollars (+2.13 percent) in 2023 in comparison to the previous year. While the growth is slowing down, with 15,800 U.S. dollars, the national gross income is at its peak in the observed period. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more statistics on other topics about Chile with key insights such as consumer expenditure, value added by the services industry to the gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product.

Chile Monthly Average Household Income: Northern Macrozone data was reported at 1,241,220.000 CLP in 2022. Chile Monthly Average Household Income: Northern Macrozone data is updated yearly, averaging 1,241,220.000 CLP from Dec 2022 (Median) to 2022, with 1 observations. The data reached an all-time high of 1,241,220.000 CLP in 2022 and a record low of 1,241,220.000 CLP in 2022. Chile Monthly Average Household Income: Northern Macrozone data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H030: Household Budget Survey: Monthly Average Household Income.

Chile Monthly Average per Capita Household Income: Central Macrozone data was reported at 462,685.000 CLP in 2022. Chile Monthly Average per Capita Household Income: Central Macrozone data is updated yearly, averaging 462,685.000 CLP from Dec 2022 (Median) to 2022, with 1 observations. The data reached an all-time high of 462,685.000 CLP in 2022 and a record low of 462,685.000 CLP in 2022. Chile Monthly Average per Capita Household Income: Central Macrozone data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H030: Household Budget Survey: Monthly Average Household Income.

Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.

In 2024, the national gross income per capita in Brazil amounted to around 9,950 U.S. dollars, an increase from 9,310 dollars per person in the previous year. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Excluding countries and territories in the Caribbean, Uruguay and Chile were the Latin American countries with the highest national income per capita. Demographic elements and income There are many factors that may influence the income level, such as gender, academic attainment, location, ethnicity, etc. The gender pay gap, for example, is significant in Brazil. As of 2024, the monthly income per capita of men was 3,549 Brazilian reals, while the figure was 2,793 reals in the case of women. Additionally, monthly per capita household income varies greatly from state to state; the figures registered in Distrito Federal and São Paulo more than double the income of federative units like Acre, Alagoas or Maranhão. A high degree of inequality The Gini coefficient measures the degree of income inequality on a scale from 0 (total equality of incomes) to 100 (total inequality). Between 2010 and 2023, Brazil's degree of inequality in wealth distribution based on the Gini coefficient reached 52. That year, Brazil was deemed one of the most unequal countries in Latin America. Although the latest result represented one of the worst values in recent years, the Gini index is projected to improve slightly in the near future.

Chile Monthly Average Household Income: Central Macrozone data was reported at 1,163,409.000 CLP in 2022. Chile Monthly Average Household Income: Central Macrozone data is updated yearly, averaging 1,163,409.000 CLP from Dec 2022 (Median) to 2022, with 1 observations. The data reached an all-time high of 1,163,409.000 CLP in 2022 and a record low of 1,163,409.000 CLP in 2022. Chile Monthly Average Household Income: Central Macrozone data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H030: Household Budget Survey: Monthly Average Household Income.

The average monthly expenditure on pet care in Chile exceeded ****** Chilean pesos in 2018, according to a survey conducted in the country. Pet care expenditure was directly related to household income, with pet owners from the upper income classes spending over ** thousand pesos on average. In contrast, respondents from the lower income class spent an average of approximately ****** Chilean pesos per month.

The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in the Dominican Republic was forecast to continuously increase between 2024 and 2029 by in total four thousand U.S. dollars (+35.75 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 15.2 thousand U.S. dollars and therefore a new peak in 2029. Notably, the gross national income per capita of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income per capita in countries like Cuba, Chile, and Haiti.. The Statista Market Insights cover a broad range of additional markets.

Chile Monthly Average Household Income: Other Regional Capitals data was reported at 1,002,555.000 CLP in 2017. This records a decrease from the previous number of 1,067,088.000 CLP for 2012. Chile Monthly Average Household Income: Other Regional Capitals data is updated yearly, averaging 1,034,821.500 CLP from Dec 2012 (Median) to 2017, with 2 observations. The data reached an all-time high of 1,067,088.000 CLP in 2012 and a record low of 1,002,555.000 CLP in 2017. Chile Monthly Average Household Income: Other Regional Capitals data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H015: Family Budget Survey: Monthly Average Household Income.