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.

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.

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.

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.

Wages in Chile increased to 6961 CLP/Hour in June from 6942 CLP/Hour in May of 2025. This dataset provides - Chile Hourly Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

Os dados de Rendimento familiar por habitante do Chile foram registrados em 7,633.224 USD em 2022. Este registro de uma queda com relação aos números anteriores de 7,871.269 USD em 2017. Os dados de Rendimento familiar por habitante do Chile são atualizados anualmente, com uma média de 7,871.269 USD em 2012 até 2022, com 3 observações. Os dados alcançaram um alto recorde de 8,507.414 USD em 2012 e um baixo recorde de 7,633.224 USD em 2022. Os dados de Rendimento familiar por habitante do Chile permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Annual Household Income Per Capita: USD.

Chile CL: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 15,800.000 USD in 2023. This records an increase from the previous number of 15,470.000 USD for 2022. Chile CL: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 3,240.000 USD from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 15,800.000 USD in 2023 and a record low of 590.000 USD in 1962. Chile CL: GDP: USD: Gross National Income per Capita: Atlas Method 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: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The national gross income per capita in Chile amounted to 15,800 U.S. dollars in 2023. Between 1962 and 2023, the national gross income rose by 15,210 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

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 *** million Chilean pesos. In the country's second most important soccer league (Primera B), a striker had a salary of *** million Chilean pesos on average.

Chile CL: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data was reported at 11,642.329 USD in 2019. This records an increase from the previous number of 11,333.817 USD for 2018. Chile CL: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 4,995.652 USD from Dec 1970 (Median) to 2019, with 50 observations. The data reached an all-time high of 11,642.329 USD in 2019 and a record low of 2,354.992 USD in 1975. Chile CL: GDP: 2010 Price: USD: Adjusted Net National Income per Capita 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: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Time series data for the data The Current Account and Its Components - Current USD, TTM for the country Chile. The Current Account and Its Components The current account is a component of a country's balance of payments that records the transactions of goods, services, income, and current transfers between residents of the country and the rest of the world. It consists of four main components:

a. Trade in Goods Balance

b. Trade in Services Balance

c. Primary Income Balance

d. Secondary Income Balance

1. Trade in Goods Balance Definition: This includes the export and import of physical items such as machinery, food, clothing, etc.

Credit Example: A German car manufacturer exports cars to the United States (value of exported cars).

Debit Example: A German electronics retailer imports smartphones from South Korea (value of imported smartphones).

1. Trade in Services Balance Definition: This includes the export and import of services such as tourism, financial services, consulting, transportation, etc.

Credit Example: A German IT company provides software development services to a client in Japan (value of exported services).

Debit Example: A German tourist books a hotel room in France (value of imported tourism services).

1. Primary Income Balance Definition: This includes earnings from the provision of factors of production such as labor, financial assets, land, and natural resources. It covers income from interest, profits, and dividends.

Credit Example: A German investor receives dividends from shares held in a U.S. company (value of received dividends).

Debit Example: Foreign investors receive interest payments on bonds issued by a German company (value of interest payments).

1. Secondary Income Balance Definition: This includes current transfers such as foreign aid, remittances, and other one-way payments that do not involve an exchange of goods or services.

Credit Example: Remittances sent by German residents working abroad to their families in Germany (value of received remittances).

Debit Example: Germany sends humanitarian aid to a developing country (value of sent aid). Trade in Services Balance (USD)The indicator "Trade in Services Balance (USD)" stands at -8.79 Billion United States Dollars as of 3/31/2025, the highest value since 6/30/2021. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.41 Billion United States Dollars compared to the value the year prior.The 1 year change is 1.41 Billion United States Dollars.The 3 year change is 5.11 Billion United States Dollars.The 5 year change is -0.7328 Billion United States Dollars.The 10 year change is -2.95 Billion United States Dollars.The Serie's long term average value is -6.25 Billion United States Dollars. It's latest available value, on 3/31/2025, is -2.55 Billion United States Dollars lower, compared to it's long term average value.The Serie's change in United States Dollars from it's minimum value, on 12/31/2022, to it's latest available value, on 3/31/2025, is +6.66 Billion.The Serie's change in United States Dollars from it's maximum value, on 12/31/2007, to it's latest available value, on 3/31/2025, is -7.38 Billion.Secondary Income Balance (USD)The indicator "Secondary Income Balance (USD)" stands at 0.1381 Billion United States Dollars as of 3/31/2025, the lowest value since 6/30/2023. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.6684 Billion United States Dollars compared to the value the year prior.The 1 year change is -0.6684 Billion United States Dollars.The 3 year change is 2.46 Billion United States Dollars.The 5 year change is -0.6618 Billion United States Dollars.The 10 year change is -1.25 Billion United States Dollars.The Serie's long term average value is 1.17 Billion United States Dollars. It's latest available value, on 3/31/2025, is -1.03 Billion United States Dollars lower, compared to it's long term average value.The Serie's change in United States Dollars from it's minimum value, on 12/31/2021, to it's latest available value, on 3/31/2025, is +2.78 Billion.The Serie's change in United States Dollars from it's maximum value, on 3/31/2007, to it's latest available value, on 3/31/2025, is -3.17 Billion.Trade in Goods Balance (USD)The indicator "Trade in Goods Balance (USD)" stands at 20.91 Billion United States Dollars as of 3/31/2025, the highest value since 6/30/2008. Regarding the One-Year-Change of the series, the current value constitutes an increase of 6.86 Billion United States Dollars compared to the value the year prior.The 1 year change is 6.86 Billion United States Dollars.The 3 year change is 13.94 Billion United States Dollars.The 5 year change is 17.63 Billion United States Dollars.The 10 year change is 13.37 Billion United States Dollars.The Serie's long term average value is 10.04 Billion United States Dollars. It's latest available value, ...

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.

Chile CL: BoP: Current Account: Goods, Services & Primary Income data was reported at -5.116 USD bn in 2024. This records an increase from the previous number of -11.234 USD bn for 2023. Chile CL: BoP: Current Account: Goods, Services & Primary Income data is updated yearly, averaging -1.608 USD bn from Dec 1975 (Median) to 2024, with 50 observations. The data reached an all-time high of 5.928 USD bn in 2007 and a record low of -26.567 USD bn in 2022. Chile CL: BoP: Current Account: Goods, Services & Primary Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Chile – Table CL.IMF.BOP: BPM6: Balance of Payments: Analytical Presentation: Annual.

Chile CL: GDP: USD: Adjusted Net National Income per Capita data was reported at 11,116.896 USD in 2021. This records an increase from the previous number of 9,720.750 USD for 2020. Chile CL: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 3,674.653 USD from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 12,389.670 USD in 2013 and a record low of 539.846 USD in 1975. Chile CL: GDP: USD: Adjusted Net National Income per Capita 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: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Chile CL: BoP: Current Account: Primary Income: Compensation of Employees data was reported at -590.550 USD mn in 2024. This records a decrease from the previous number of -584.624 USD mn for 2023. Chile CL: BoP: Current Account: Primary Income: Compensation of Employees data is updated yearly, averaging -13.850 USD mn from Dec 1975 (Median) to 2024, with 50 observations. The data reached an all-time high of 0.000 USD mn in 1995 and a record low of -653.370 USD mn in 2019. Chile CL: BoP: Current Account: Primary Income: Compensation of Employees data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Chile – Table CL.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

According to a recent study, Colombia had the lowest monthly cost of living in Latin America with 546 U.S. dollars needed for basic living. In contrast, four countries had a cost of living above one thousand dollars, Costa Rica, Chile, Panama and Uruguay. In 2022, the highest minimum wage in the region was recorded by Ecuador with 425 dollars per month.

Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 22 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2022, the average net monthly salary in Brazil was lower than Ecuador's minimum wage.

What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work more than two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

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 ************* U.S. dollars (+***** percent). After the ******* consecutive increasing year, the indicator is estimated to reach **** 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.

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.

Chile CL: BoP: Current Account: Primary Income: Compensation of Employees: Debit data was reported at 690.690 USD mn in 2024. This records an increase from the previous number of 681.691 USD mn for 2023. Chile CL: BoP: Current Account: Primary Income: Compensation of Employees: Debit data is updated yearly, averaging 15.000 USD mn from Dec 1975 (Median) to 2024, with 50 observations. The data reached an all-time high of 722.743 USD mn in 2019 and a record low of 0.000 USD mn in 1995. Chile CL: BoP: Current Account: Primary Income: Compensation of Employees: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Chile – Table CL.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.