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.
Throughout the time displayed, the average monthly income in Chile has consistently increased since the beginning, reaching its highest amount in 2023 at 826,500 Chilean pesos.
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.
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Minimum Wages in Chile increased to 500000 CLP/Month in 2024 from 460000 CLP/Month in 2023. This dataset provides the latest reported value for - Chile Minimum Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Throughout the time period displayed, the average monthly income has generally increased, but there is a notable disparity between males and females. In 2022, males received 850.4 Chilean pesos, whereas females received 633.3 Chilean pesos on average, indicating that women earned less monetary compensation compared to their male counterparts.
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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.
In 2022, the striker was the best-paid soccer position in the two main professional soccer divisions in Chile. That year, a footballer playing on that position in the First Division earned on average 9.5 million Chilean pesos. In the country's second most important soccer league (Primera B), a striker had a salary of 2.2 million Chilean pesos on average.
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Chile SS: Average Retirement Income: Tarapacá data was reported at 244,870.943 CLP in 2017. This records an increase from the previous number of 240,989.533 CLP for 2015. Chile SS: Average Retirement Income: Tarapacá data is updated yearly, averaging 194,983.309 CLP from Dec 2009 (Median) to 2017, with 5 observations. The data reached an all-time high of 244,870.943 CLP in 2017 and a record low of 156,057.065 CLP in 2011. Chile SS: Average Retirement Income: Tarapacá data remains active status in CEIC and is reported by Ministry of Social Development. The data is categorized under Global Database’s Chile – Table CL.H022: National Socio-Economic Characterization Survey: Social Security.
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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.
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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).
In 2023, the average income in Chile was found to be higher for workers in the directors and managers occupation, receiving around 2.3 million Chilean pesos. On the other hand, farmers and agricultural workers were positioned at the lower end of the income spectrum.
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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.
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.
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Chile Monthly Average Household Income: Southern Macrozone data was reported at 1,240,215.000 CLP in 2022. Chile Monthly Average Household Income: Southern Macrozone data is updated yearly, averaging 1,240,215.000 CLP from Dec 2022 (Median) to 2022, with 1 observations. The data reached an all-time high of 1,240,215.000 CLP in 2022 and a record low of 1,240,215.000 CLP in 2022. Chile Monthly Average Household Income: Southern 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.
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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.
In 2023, in the South American nation of Chile, employees with a graduate education background received the highest average monthly income, totaling approximately 2.09 million Chilean pesos. They were followed by the working population with an undergraduate education.
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Graph and download economic data for Current Account Debit: Total Income for Chile (DISCONTINUED) (BPDBIN01CLA637N) from 2003 to 2013 about debit, Chile, current account, BOP, and income.
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Chile SS: Average Retirement Income: Los Ríos data was reported at 231,720.087 CLP in 2017. This records an increase from the previous number of 183,342.978 CLP for 2015. Chile SS: Average Retirement Income: Los Ríos data is updated yearly, averaging 178,268.694 CLP from Dec 2009 (Median) to 2017, with 5 observations. The data reached an all-time high of 231,720.087 CLP in 2017 and a record low of 122,878.945 CLP in 2009. Chile SS: Average Retirement Income: Los Ríos data remains active status in CEIC and is reported by Ministry of Social Development. The data is categorized under Global Database’s Chile – Table CL.H022: National Socio-Economic Characterization Survey: Social Security.
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Chile SS: Average Retirement Income: Metropolitan Santiago data was reported at 255,582.080 CLP in 2017. This records an increase from the previous number of 234,611.287 CLP for 2015. Chile SS: Average Retirement Income: Metropolitan Santiago data is updated yearly, averaging 211,949.612 CLP from Dec 2009 (Median) to 2017, with 5 observations. The data reached an all-time high of 255,582.080 CLP in 2017 and a record low of 188,873.390 CLP in 2009. Chile SS: Average Retirement Income: Metropolitan Santiago data remains active status in CEIC and is reported by Ministry of Social Development. The data is categorized under Global Database’s Chile – Table CL.H022: National Socio-Economic Characterization Survey: Social Security.
In 2023, the national gross income per capita in Chile increased by 390 U.S. dollars (+2.53 percent) compared to 2022. While the growth is slowing down, with 15,820 U.S. dollars, the national gross income is at its peak in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.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.
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.