Chile: Labor cost
* indicates monthly or quarterly data series
The most recent value is 113.47 index points as of March 2025, an increase compared to the previous value of 112.64 index points. Historically, the average for Chile from January 2016 to March 2025 is 83.95 index points. The minimum of 65.06 index points was recorded in February 2016, while the maximum of 113.47 index points was reached in March 2025.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: Central Bank of Chile
| Recent values | Chile: Labor cost index |
|---|---|
| 2025 Mar | 113.47 |
| 2025 Feb | 112.64 |
| 2025 Jan | 112.68 |
| 2024 Dec | 111.67 |
| 2024 Nov | 110.4 |
| 2024 Oct | 110.08 |
| 2024 Sep | 110.46 |
| 2024 Aug | 109.48 |
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Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 9.96 | 2023 | million people |
| Unemployment rate | 9.04 | 2023 | percent |
| Female unemployment | 9.37 | 2023 | percent |
| Male unemployment | 8.79 | 2023 | percent |
| Youth unemployment | 22.05 | 2023 | percent |
| Labor force participation | 61.31 | 2023 | percent |
| Labor force: percent female | 42.78 | 2023 | percent |
| Female labor force participation | 51.77 | 2023 | percent |
| Male labor force participation | 71.11 | 2023 | percent |
| Hours worked | 1,961.92 | 2023 | hours |
| Self-employment | 24.61 | 2022 | percent |
| Informal employment | 25.30 | 2020 | percent |
| Employment | 9.39 | 3/2025 | million employed people |
| Unemployment rate | 8.71 | 3/2025 | percent |
| Labor cost | 113.47 | 3/2025 | index points |