What is the minimum wage in Chile in 2025, and how much will it increase this year?

What is the minimum wage in Chile in 2025, and how much will it increase this year?

The minimum wage in Chile is a highly relevant issue for workers, employers, and the economy as a whole. Each year, the government makes adjustments that directly impact the purchasing power of thousands of people. Significant changes to the minimum wage will be implemented in 2025, reflecting the country's commitment to worker well-being and economic stability.

This article provides detailed information on the minimum wage in Chile for the 2025 calendar year , including current amounts, comparisons with previous years, and future projections. It also addresses key aspects such as the statutory bonus, allowances, and considerations for part-time workers.

What is the minimum wage in Chile in 2025?

Starting May 1, 2025, the minimum wage in Chile for workers aged 18 and up to 65 is $529,000 per month. This amount represents an increase from the previous $510,500 in effect since January 2025. For workers under 18 and over 65, the minimum monthly income is $394,622 .

Convert CLP 529,000 to USD today here.

Difference between gross salary and net salary

Gross salary is the total agreed-upon amount before legal deductions, such as social security and health contributions. Net salary, on the other hand, is the amount the worker actually receives after these deductions. For example, a gross salary of $529,000 can result in a net salary of approximately $430,000, depending on the applicable contributions.

Minimum wage table in 2025

Below is a table showing the minimum wage amounts in Chile for 2025, considering different scenarios:

Month Gross Salary Net Salary Estimate With Legal Gratuity (25%) With Gratuity, Snack and Mobilization
January - April $510,500 $415,000 $638,125 $738,125
May - December $529,000 $430,000 $661,250 $761,250

Grades:

  • The legal bonus corresponds to 25% of the gross salary, with a limit of 4.75 minimum monthly earnings.

  • Lunch and transportation allowances are for reference only and may vary depending on the employer.

How much will the minimum wage increase this year?

In 2025, the minimum wage in Chile experienced two increases:

  • January 2025 : Increase from $500,000 to $510,500.

  • May 2025 : Increase to $529,000.

These increases represent a total readjustment of 5.8% compared to the value of $500,000 in effect in July 2024. The next increase is scheduled for January 2026, raising the minimum wage to $539,000 .

Who receives the minimum wage in Chile?

The minimum wage applies to various groups of workers:

  • Workers aged 18 and up to 65 years : Full amount of the minimum wage.

  • Workers under 18 and over 65 years of age : Reduced minimum wage.

  • Domestic workers : They have the right to the minimum wage, with specific considerations depending on their employment status.

  • Part-time workers : The minimum wage is calculated proportionally to the hours worked.

Minimum wage with bonus, meal and transportation

The minimum wage can be supplemented with other benefits, such as legal bonuses, meal allowances, and transportation.

Estimated calculation

  • Gross Salary : $529,000

  • Legal Gratuity (25%) : $132,250

  • Snack : $50,000

  • Mobilization : $50,000

  • Gross Total : $761,250

  • Estimated Net Salary : $620,000

Note: Lunch and transportation amounts are for reference only and may vary depending on the employer.

Minimum wage projections towards 2026

According to projections from the Central Bank of Chile, inflation is expected to converge to 3% by early 2026. Based on these estimates and government agreements, the minimum wage will increase to $539,000 starting January 1, 2026.

Possible scenarios

  • Optimistic scenario : Economic stability and inflation control would allow the purchasing power of the minimum wage to be maintained.

  • Conservative scenario : External factors could limit further increases, focusing on maintaining economic stability.

Frequently Asked Questions (FAQ)

Is the minimum wage the same for all workers?
No, it varies depending on age and type of contract.

What is legal gratuity?
It is a mandatory benefit that corresponds to 25% of the monthly salary, with a cap of 4.75 times the minimum monthly income.

Do part-time workers receive the full minimum wage?
No, salary is calculated proportionally to the hours worked.

What does net salary include?
It is the amount the worker receives after legal deductions, such as pension and health contributions.

When will the next minimum wage increase be in 2026?
It is scheduled for January 1, 2026, raising the amount to $539,000.

Chile's minimum wage for 2025 reflects a commitment to worker well-being and the country's economic stability. With planned increases and projections for 2026, it is essential that employers and employees are informed about these changes. Stay up to date and consult official sources for more details.