Real minimum wages at constant prices — Statutory minimum wages in Chile
Chile: Real minimum wages at constant prices — Statutory minimum wages was 6,551 US dollars, exchange rate converted in 2025. ▲ Rising
Real minimum wages at constant prices — Statutory minimum wages in Chile, 1990–2025
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
In 2025, real minimum wages at constant prices — statutory minimum wages in Chile stood at 6,551 US dollars, exchange rate converted. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 9.5% on the previous year and up 43.0% over ten years.
Over the whole period, real minimum wages at constant prices — statutory minimum wages in Chile peaked at 6,551 US dollars, exchange rate converted in 2025 and was at its lowest, 1,768 US dollars, exchange rate converted, in 1990.
That places Chile 22nd out of 26 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Real minimum wages at constant prices — Statutory minimum wages in Chile, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1990 | 1,768 US dollars, exchange rate converted | — |
| 1991 | 1,927 US dollars, exchange rate converted | +9.0% |
| 1992 | 2,013 US dollars, exchange rate converted | +4.4% |
| 1993 | 2,113 US dollars, exchange rate converted | +5.0% |
| 1994 | 2,191 US dollars, exchange rate converted | +3.7% |
| 1995 | 2,289 US dollars, exchange rate converted | +4.5% |
| 1996 | 2,386 US dollars, exchange rate converted | +4.2% |
| 1997 | 2,469 US dollars, exchange rate converted | +3.5% |
| 1998 | 2,614 US dollars, exchange rate converted | +5.9% |
| 1999 | 2,847 US dollars, exchange rate converted | +8.9% |
| 2000 | 3,050 US dollars, exchange rate converted | +7.1% |
| 2001 | 3,165 US dollars, exchange rate converted | +3.8% |
| 2002 | 3,256 US dollars, exchange rate converted | +2.9% |
| 2003 | 3,301 US dollars, exchange rate converted | +1.4% |
| 2004 | 3,393 US dollars, exchange rate converted | +2.8% |
| 2005 | 3,458 US dollars, exchange rate converted | +1.9% |
| 2006 | 3,547 US dollars, exchange rate converted | +2.6% |
| 2007 | 3,611 US dollars, exchange rate converted | +1.8% |
| 2008 | 3,607 US dollars, exchange rate converted | -0.1% |
| 2009 | 3,844 US dollars, exchange rate converted | +6.6% |
| 2010 | 3,942 US dollars, exchange rate converted | +2.6% |
| 2011 | 4,007 US dollars, exchange rate converted | +1.6% |
| 2012 | 4,121 US dollars, exchange rate converted | +2.8% |
| 2013 | 4,320 US dollars, exchange rate converted | +4.8% |
| 2014 | 4,459 US dollars, exchange rate converted | +3.2% |
| 2015 | 4,580 US dollars, exchange rate converted | +2.7% |
| 2016 | 4,831 US dollars, exchange rate converted | +5.5% |
| 2017 | 4,975 US dollars, exchange rate converted | +3.0% |
| 2018 | 5,093 US dollars, exchange rate converted | +2.4% |
| 2019 | 5,300 US dollars, exchange rate converted | +4.1% |
| 2020 | 5,495 US dollars, exchange rate converted | +3.7% |
| 2021 | 5,492 US dollars, exchange rate converted | -0.1% |
| 2022 | 5,393 US dollars, exchange rate converted | -1.8% |
| 2023 | 5,621 US dollars, exchange rate converted | +4.2% |
| 2024 | 5,981 US dollars, exchange rate converted | +6.4% |
| 2025 | 6,551 US dollars, exchange rate converted | +9.5% |
Chile compared with similar countries
- Chile's 6,551 US dollars, exchange rate converted is below the median for high income countries, which is 16,905 US dollars, exchange rate converted, 39% of the median. (22 countries reporting)
- Chile's 6,551 US dollars, exchange rate converted is above the median for Latin America & Caribbean, which is 4,358 US dollars, exchange rate converted, 1.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,262 US dollars, exchange rate converted | 1,768 US dollars, exchange rate converted | 2,847 US dollars, exchange rate converted | 10 |
| 2000s | 3,423 US dollars, exchange rate converted | 3,050 US dollars, exchange rate converted | 3,844 US dollars, exchange rate converted | 10 |
| 2010s | 4,563 US dollars, exchange rate converted | 3,942 US dollars, exchange rate converted | 5,300 US dollars, exchange rate converted | 10 |
| 2020s | 5,756 US dollars, exchange rate converted | 5,393 US dollars, exchange rate converted | 6,551 US dollars, exchange rate converted | 6 |
Countries ranked near Chile
- 19 Hungary 9,882 US dollars, exchange rate converted compare
- 20 Costa Rica 9,479 US dollars, exchange rate converted compare
- 21 Bulgaria 7,448 US dollars, exchange rate converted compare
- 23 Colombia 4,917 US dollars, exchange rate converted compare
- 24 Peru 3,798 US dollars, exchange rate converted compare
- 25 Mexico 3,768 US dollars, exchange rate converted compare
More economy & growth data for Chile
- Real gdp growth, annual growth rate -13.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 1.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0096 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 173.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.007 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 126.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
Frequently asked questions
- What is real minimum wages at constant prices — statutory minimum wages in Chile?
- Real minimum wages at constant prices — statutory minimum wages in Chile was 6,551 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Chile?
- The highest recorded value was 6,551 US dollars, exchange rate converted in 2025.
- What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Chile?
- The lowest recorded value was 1,768 US dollars, exchange rate converted in 1990.
- How does Chile rank for real minimum wages at constant prices — statutory minimum wages?
- Chile ranks 22nd out of 26 countries with data for 2025.
- Is real minimum wages at constant prices — statutory minimum wages rising or falling in Chile?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is rising.
- Where does this Chile data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.
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About this data
Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.