Compensation of employees in Chile
Chile: Compensation of employees was 15.20 trillion current LCU in 2024. ◆ Volatile
Compensation of employees in Chile, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Chile is 15.20 trillion current LCU, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 10.1% on the previous year and up 133.4% over ten years.
Over the whole period, compensation of employees in Chile peaked at 15.20 trillion current LCU in 2024 and was at its lowest, 336.25 billion current LCU, in 1990.
That places Chile 9th out of 156 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 954.43 billion current LCU | 336.25 billion current LCU | 1.65 trillion current LCU | 10 |
| 2000s | 2.63 trillion current LCU | 1.78 trillion current LCU | 4.21 trillion current LCU | 10 |
| 2010s | 7.02 trillion current LCU | 4.66 trillion current LCU | 9.80 trillion current LCU | 10 |
| 2020s | 12.72 trillion current LCU | 10.62 trillion current LCU | 15.20 trillion current LCU | 5 |
Countries ranked near Chile
More public sector data for Chile
- Arms imports 14.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.3% (2024)
- Taxes on income, profits and capital gains 31.8% (2024)
- Taxes on goods and services 47.0% (2024)
- Net investment in nonfinancial assets 1.4% (2024)
- Net lending (+) / net borrowing (-) -2.8% (2024)
- Interest payments 5.2% (2024)
- Grants and other revenue 11.0% (2024)
- Interest payments 4.3% (2023)
- Other taxes 3.8% (2024)
Frequently asked questions
- What is compensation of employees in Chile?
- Compensation of employees in Chile was 15.20 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Chile?
- The highest recorded value was 15.20 trillion current LCU in 2024.
- What is the lowest compensation of employees recorded in Chile?
- The lowest recorded value was 336.25 billion current LCU in 1990.
- How does Chile rank for compensation of employees?
- Chile ranks 9th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Chile?
- Over the last ten years it is up 133.4%. The long-run trend across the full record is volatile.
- Where does this Chile data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.