Real minimum wages at constant prices β€” Statutory minimum wages in Chile

Chile: Real minimum wages at constant prices β€” Statutory minimum wages was 6,551 US dollars, exchange rate converted in 2025. β–² Rising

Latest (2025)
6,551 US dollars, exchange rate converted
Change on year
up 9.5%
World rank
22nd
of 26 countries
All-time high
6,551 US dollars, exchange rate converted
in 2025
All-time low
1,768 US dollars, exchange rate converted
in 1990
Years of data
36
1990–2025

Real minimum wages at constant prices β€” Statutory minimum wages in Chile, 1990–2025

2.0k3.0k4.0k5.0k6.0k7.0k1990200720251990: 1.8k US dollars, exchange rate converted1991: 1.9k US dollars, exchange rate converted1992: 2.0k US dollars, exchange rate converted1993: 2.1k US dollars, exchange rate converted1994: 2.2k US dollars, exchange rate converted1995: 2.3k US dollars, exchange rate converted1996: 2.4k US dollars, exchange rate converted1997: 2.5k US dollars, exchange rate converted1998: 2.6k US dollars, exchange rate converted1999: 2.8k US dollars, exchange rate converted2000: 3.1k US dollars, exchange rate converted2001: 3.2k US dollars, exchange rate converted2002: 3.3k US dollars, exchange rate converted2003: 3.3k US dollars, exchange rate converted2004: 3.4k US dollars, exchange rate converted2005: 3.5k US dollars, exchange rate converted2006: 3.5k US dollars, exchange rate converted2007: 3.6k US dollars, exchange rate converted2008: 3.6k US dollars, exchange rate converted2009: 3.8k US dollars, exchange rate converted2010: 3.9k US dollars, exchange rate converted2011: 4.0k US dollars, exchange rate converted2012: 4.1k US dollars, exchange rate converted2013: 4.3k US dollars, exchange rate converted2014: 4.5k US dollars, exchange rate converted2015: 4.6k US dollars, exchange rate converted2016: 4.8k US dollars, exchange rate converted2017: 5.0k US dollars, exchange rate converted2018: 5.1k US dollars, exchange rate converted2019: 5.3k US dollars, exchange rate converted2020: 5.5k US dollars, exchange rate converted2021: 5.5k US dollars, exchange rate converted2022: 5.4k US dollars, exchange rate converted2023: 5.6k US dollars, exchange rate converted2024: 6.0k US dollars, exchange rate converted2025: 6.6k US dollars, exchange rate converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.

Analysis

In 2025, real minimum wages at constant prices β€” 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 β€” 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 19 Hungary 9,882 US dollars, exchange rate converted compare
  2. 20 Costa Rica 9,479 US dollars, exchange rate converted compare
  3. 21 Bulgaria 7,448 US dollars, exchange rate converted compare
  4. 23 Colombia 4,917 US dollars, exchange rate converted compare
  5. 24 Peru 3,798 US dollars, exchange rate converted compare
  6. 25 Mexico 3,768 US dollars, exchange rate converted compare

See the full ranking of 36 places β†’

More economy & growth data for Chile

All data for Chile β†’

Frequently asked questions

What is real minimum wages at constant prices β€” statutory minimum wages in Chile?
Real minimum wages at constant prices β€” 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 β€” 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 β€” 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 β€” statutory minimum wages?
Chile ranks 22nd out of 26 countries with data for 2025.
Is real minimum wages at constant prices β€” 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 β€” Statutory minimum wages. Statizoid updates them automatically from the source API.

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Real minimum wages at constant prices β€” Statutory minimum wages in Chile. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/real-minimum-wages-at-constant-prices-statutory-minimum-wages/chile/

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About this data

Indicator
Real minimum wages at constant prices β€” Statutory minimum wages
Unit
US dollars, exchange rate converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,478 data points, 1960–2025
Last refreshed

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.