Chile: National Minimum Wage for 2024

Key Points 

  • Chile will increase the country’s national monthly minimum wage over the next several months 


The government of Chile will raise the country’s national monthly minimum wage to around CPL $500,000 by 2024. Gradual increases will be introduced over the next several months: 

  • CLP $ 440,000 by 1 May 2023 
  • CLP $ 460,000 by 1 September 2023 
  • CLP $ 500,000 by 1 July 2024 

What are the Changes?  

The government of Chile increased the country’s national monthly minimum wage to CLP $ 500,000 by 2024. These changes will apply to workers between the age of 18 and 65.  

Looking Ahead  

Continue to check the government of Chile’s website and Envoy’s website for the latest updates and information. 

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