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.
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.
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.
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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.
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.
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 CL: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data was reported at 2.170 % in 2022. Chile CL: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data is updated yearly, averaging 2.170 % from Dec 2022 (Median) to 2022, with 1 observations. The data reached an all-time high of 2.170 % in 2022 and a record low of 2.170 % in 2022. Chile CL: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate 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 growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. 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. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The coverage and quality of the 2017 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2017 exercise of the International Comparison Program. See the Poverty and Inequality Platform for detailed explanations.;World Bank, Global Database of Shared Prosperity (GDSP) (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).;;The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.
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 Average Building Cost Index: Wages & Salaries data was reported at 8,046.873 1978=100 in Dec 2018. This records an increase from the previous number of 8,006.870 1978=100 for Nov 2018. Chile Average Building Cost Index: Wages & Salaries data is updated monthly, averaging 2,584.215 1978=100 from Jan 1990 (Median) to Dec 2018, with 348 observations. The data reached an all-time high of 8,046.873 1978=100 in Dec 2018 and a record low of 581.710 1978=100 in Jan 1990. Chile Average Building Cost Index: Wages & Salaries data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EA004: Building Cost Index.
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The Personal Income Tax Rate in Chile stands at 40 percent. This dataset provides - Chile Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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 Credit: Total Income for Chile (DISCONTINUED) (BPCRIN01CLA637S) from 2003 to 2013 about Chile, current account, BOP, credits, and income.
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Chile SS: Average Retirement Income: Araucanía data was reported at 212,552.804 CLP in 2017. This records an increase from the previous number of 196,564.400 CLP for 2015. Chile SS: Average Retirement Income: Araucanía data is updated yearly, averaging 166,014.233 CLP from Dec 2009 (Median) to 2017, with 5 observations. The data reached an all-time high of 212,552.804 CLP in 2017 and a record low of 138,621.250 CLP in 2009. Chile SS: Average Retirement Income: Araucanía 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 CL: GDP: Gross National Income data was reported at 191,843,945.400 CLP mn in 2020. This records an increase from the previous number of 189,280,359.600 CLP mn for 2019. Chile CL: GDP: Gross National Income data is updated yearly, averaging 2,316,800.000 CLP mn from Dec 1950 (Median) to 2020, with 71 observations. The data reached an all-time high of 191,843,945.400 CLP mn in 2020 and a record low of 0.200 CLP mn in 1951. Chile CL: GDP: Gross National 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.IFS: Gross Domestic Product: by Expenditure: Annual.
Goal 10Reduce inequality within and among countriesTarget 10.1: By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national averageIndicator 10.1.1: Growth rates of household expenditure or income per capita among the bottom 40 per cent of the population and the total populationSI_HEI_TOTL: Growth rates of household expenditure or income per capita (%)Target 10.2: By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other statusIndicator 10.2.1: Proportion of people living below 50 per cent of median income, by sex, age and persons with disabilitiesSI_POV_50MI: Proportion of people living below 50 percent of median income (%)Target 10.3: Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regardIndicator 10.3.1: Proportion of population reporting having personally felt discriminated against or harassed in the previous 12 months on the basis of a ground of discrimination prohibited under international human rights lawVC_VOV_GDSD: Proportion of population reporting having felt discriminated against, by grounds of discrimination, sex and disability (%)Target 10.4: Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equalityIndicator 10.4.1: Labour share of GDPSL_EMP_GTOTL: Labour share of GDP (%)Indicator 10.4.2: Redistributive impact of fiscal policySI_DST_FISP: Redistributive impact of fiscal policy, Gini index (%)Target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulationsIndicator 10.5.1: Financial Soundness IndicatorsFI_FSI_FSANL: Non-performing loans to total gross loans (%)FI_FSI_FSERA: Return on assets (%)FI_FSI_FSKA: Regulatory capital to assets (%)FI_FSI_FSKNL: Non-performing loans net of provisions to capital (%)FI_FSI_FSKRTC: Regulatory Tier 1 capital to risk-weighted assets (%)FI_FSI_FSLS: Liquid assets to short term liabilities (%)FI_FSI_FSSNO: Net open position in foreign exchange to capital (%)Target 10.6: Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutionsIndicator 10.6.1: Proportion of members and voting rights of developing countries in international organizationsSG_INT_MBRDEV: Proportion of members of developing countries in international organizations, by organization (%)SG_INT_VRTDEV: Proportion of voting rights of developing countries in international organizations, by organization (%)Target 10.7: Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policiesIndicator 10.7.1: Recruitment cost borne by employee as a proportion of monthly income earned in country of destinationIndicator 10.7.2: Number of countries with migration policies that facilitate orderly, safe, regular and responsible migration and mobility of peopleSG_CPA_MIGRP: Proportion of countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (%)SG_CPA_MIGRS: Countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (1 = Requires further progress; 2 = Partially meets; 3 = Meets; 4 = Fully meets)Indicator 10.7.3: Number of people who died or disappeared in the process of migration towards an international destinationiSM_DTH_MIGR: Total deaths and disappearances recorded during migration (number)Indicator 10.7.4: Proportion of the population who are refugees, by country of originSM_POP_REFG_OR: Number of refugees per 100,000 population, by country of origin (per 100,000 population)Target 10.a: Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreementsIndicator 10.a.1: Proportion of tariff lines applied to imports from least developed countries and developing countries with zero-tariffTM_TRF_ZERO: Proportion of tariff lines applied to imports with zero-tariff (%)Target 10.b: Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmesIndicator 10.b.1: Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)DC_TRF_TOTDL: Total assistance for development, by donor countries (millions of current United States dollars)DC_TRF_TOTL: Total assistance for development, by recipient countries (millions of current United States dollars)DC_TRF_TFDV: Total resource flows for development, by recipient and donor countries (millions of current United States dollars)Target 10.c: By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per centIndicator 10.c.1: Remittance costs as a proportion of the amount remittedSI_RMT_COST: Remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_BC: Corridor remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_SC: SmaRT corridor remittance costs as a proportion of the amount remitted (%)
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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.
The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in Chile was forecast to continuously increase between 2024 and 2029 by in total 4.3 thousand U.S. dollars (+23.85 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 22.37 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 Mexico, Costa Rica, and Haiti.. The Statista Market Insights cover a broad range of additional markets.
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.