Chile Minimum Monthly Wages

Minimum Wages in Chile increased to 265000 CLP/Month in 2017 from 250000 CLP/Month in 2016. Minimum Wages in Chile averaged 180276.53 CLP/Month from 2003 until 2017, reaching an all time high of 265000 CLP/Month in 2017 and a record low of 115648 CLP/Month in 2003.

Chile Minimum Monthly Wages

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In Chile, minimum wage refers to lowest gross monthly income. The minimum wage is revised every year in July taking into account expected inflation for the next 12 months, productivity and unemployment. In 2014, 11 percent of the total Chilean work force were under the minimum wage. This page 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. Chile Minimum Monthly Wages – actual data, historical chart and calendar of releases – was last updated on February of 2017.