Chile - Wage & Salaries

For Chile, indexes of average monthly wage, by activity (industry branch), monthly. Reported by the National Institute of Statistics (INE).

Active:

• Classification: CIIU Rev. 4, the local adaptation of UN ISIC Rev. 4
• Measurements:
  • Fixed-base value index relative to 2023 (Index 2023=100)
  • Volume index (Vol. Index 2023=100)
  • Chilean pesos per hour (CLP per hr.)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: Uniformly 2023m1

Predecessors:

• 2016=100 - 2016m1 to 2024m3 ("_16")
• 2009=100 - 2009m1 to 2017m6 ("_09")
• Jan2006=100 - 1993m4 to 2009m12 ("06")

These short term indicators allow for comparison of successive months and show variation in wages, labor costs, and jobs at the national level. 

Companies are placed into economic activity categories according to the good with the highest sales volume. Economic activities include agriculture, defense, private households with domestic service, and extraterritorial organizations and bodies

The concept of remuneration is above-mentioned to a part of the existing labor force in the labor market, pertaining to employed workers in businesses or institutions with ten or more industrious, excluding to the employers and independent workers.  The divisions of the economic activities correspond to them established by the CIIU Rev. 4, the Chilean localization of UN ISIC Rev. 4.  The branch Agriculture is excluded, hunt, agriculture and fishing, due to technical difficulties to obtain information Source:  National institute of Statistics (INE).

Further reading

At the source:

• Source Methodology

At IMF (SDDS Plus):

• Labor market: Wages/Earnings (May 2020 / Jan 2023)

• Nov 2008 - Initial version.
• Aug 2010 - Rebased to 2009.
• Sep 2017 - Rebased to 2016.
• 29 Aug 2024, Phillip Thorne - Rebased to 2023: Properties, Further reading.