Slovakia vs Chile

Compare PPP-adjusted average wages, long-term wage trends and consumer price levels using consistent OECD data.

Country A

Country B

Slovakia wage data: 2025 · Chile wage data: 2023 · Price data: 2024

Comparison Overview

Slovakia

Average wage (2025)

$37,832

1-year change: +1.6%
5-year change: +2.7%

Overall price level (2024)

52.9 (United States = 100)

Chile's latest PPP-adjusted average wage is approximately 7.4% higher than Slovakia's.

Latest available wage years differ.

Chile

Average wage (2023)

$40,626

1-year change: +1.3%
5-year change: +6.1%

Overall price level (2024)

42.9 (United States = 100)

Chile has the higher latest average wage of the two, by 7.4% on a PPP-adjusted basis. Over five years Chile shows the stronger change (+6.1% against +2.7%). Overall consumer prices are higher in Slovakia, at 52.9 against 42.9 on the United States = 100 scale — a gap of +10.0 index points. The wage figures come from different years (2025 and 2023) and the price levels from 2024, so each economy is shown at its own latest available point.

Wage History

See how PPP-adjusted average annual wages have changed in both economies.

PPP-adjusted annual wage (USD)

SlovakiaChile

USD PPP, constant 2025 prices

Wage Key Facts

Metric	Slovakia	Chile
Latest wage	$37,832	$40,626
Latest year	2025	2023
1-year change	+1.6%	+1.3%
5-year change	+2.7%	+6.1%
10-year change	+19.0%	−6.1%
Historical peak	$37,832	$45,670
Peak year	2025	2016
Change from peak	0.0%	−11.1%

How the Wage Trends Compare

Current Position

Chile records the higher figure: $40,626 against $37,832, a gap of 7.4%. The gap is clear enough to rank the two, though it says nothing about how the figure is distributed within either economy.

The two are measured in different years — Slovakia in 2025, Chile in 2023 — so this compares each economy's latest available point rather than a single common year. Where a strict same-year ranking is needed, the all-countries table uses the latest year for which every economy reports.

Both use the same basis: PPP-adjusted US dollars at constant prices. That conversion strips out the price level differences between the two economies, which is what makes the two figures comparable at all — neither is a local-currency salary, and neither is what an employer in that country would write on a contract.

Recent Momentum

Slovakia had the stronger latest year (+1.6% against +1.3%).

Both moved up in the latest year, which leaves the ordering between them unchanged.

Widening the window to five years, the stronger of the two is Chile: +6.1% against +2.7%.

For both economies the latest year points the same way as the five-year change, so the recent movement reads as continuation rather than a turn.

Long-Term Direction

The ten-year direction splits between them: +19.0% for Slovakia against −6.1% for Chile. One long-term series is rising while the other is not, which is a more durable difference than any single year's movement.

Slovakia is at its historical peak in the latest year, while Chile sits 11.1% from its high of 2016. One has recovered its previous ground and the other has not.

Consumer Price Level Comparison

Compare eight consumer price categories with the United States benchmark of 100.

United States = 100
Missing values are shown as -

All differences are shown in index points. United States = 100.

Category	Slovakia	Chile	Difference (SVK − CHL)	SVK vs U.S.	CHL vs U.S.
Overall	52.9	42.9	+10.0	−47.1	−57.1
Food	71.7	84.8	−13.1	−28.3	−15.2
Clothing	88.3	77.5	+10.8	−11.7	−22.5
Housing	43.9	29.6	+14.3	−56.1	−70.4
Health	33.4	25.8	+7.6	−66.6	−74.2
Transport	89	66.8	+22.2	−11.0	−33.2
Recreation	74.9	60.7	+14.2	−25.1	−39.3
Restaurants & Accommodation	74.2	61.1	+13.1	−25.8	−38.9

Overall
Slovakia52.9
Chile42.9
Difference+10.0
SVK vs U.S.−47.1
CHL vs U.S.−57.1
Food
Slovakia71.7
Chile84.8
Difference−13.1
SVK vs U.S.−28.3
CHL vs U.S.−15.2
Clothing
Slovakia88.3
Chile77.5
Difference+10.8
SVK vs U.S.−11.7
CHL vs U.S.−22.5
Housing
Slovakia43.9
Chile29.6
Difference+14.3
SVK vs U.S.−56.1
CHL vs U.S.−70.4
Health
Slovakia33.4
Chile25.8
Difference+7.6
SVK vs U.S.−66.6
CHL vs U.S.−74.2
Transport
Slovakia89
Chile66.8
Difference+22.2
SVK vs U.S.−11.0
CHL vs U.S.−33.2
Recreation
Slovakia74.9
Chile60.7
Difference+14.2
SVK vs U.S.−25.1
CHL vs U.S.−39.3
Restaurants & Accommodation
Slovakia74.2
Chile61.1
Difference+13.1
SVK vs U.S.−25.8
CHL vs U.S.−38.9

Slovakia and Chile in Detail

Current Wage Position

Slovakia reports a PPP-adjusted average annual wage of $37,832 for 2025, and Chile $40,626 for 2023. That puts Chile ahead by 7.4%.

Both figures are PPP-adjusted: converted using purchasing power parities rather than market exchange rates, and expressed in constant prices so different years stay comparable.

This matters for reading the gap. A market-rate conversion would move with currency markets and would not reflect what the money buys in each economy. These figures are built to compare purchasing power, not to tell you what a currency transfer would be worth.

Recent Wage Momentum

In the latest reported year Slovakia changed by +1.6% and Chile by +1.3%. A single year is a narrow window, so it is worth reading alongside the five-year figure rather than on its own.

Over five years, Chile records the larger change at +6.1%, against +2.7% for Slovakia. That is the difference in how far each series has travelled over the medium term, in real PPP-adjusted terms.

Short-term and five-year movement point the same way for both economies, so neither is currently being pulled against its own medium-term direction.

Long-Term Wage Direction

Across ten years the changes are +19.0% for Slovakia and −6.1% for Chile. This is the longest horizon the data covers, and it is the one least affected by any single year's movement.

Slovakia reached its highest recorded value of $37,832 in 2025, and the latest figure sits 0.0% from that high.

Chile peaked at $45,670 in 2016, leaving its latest value 11.1% away from that point.

Over the long run the two point in opposite directions. That is the clearest structural difference between these series, and it matters more for reading them than any single year's change does.

Consumer Price Profile

Against the United States benchmark of 100, overall consumption sits at 52.9 in Slovakia and 42.9 in Chile — +10.0 index points apart.

The categories that separate them most are Transport (+22.2) and Housing (+14.3).

Health is where they are nearest, at 33.4 and 25.8.

Across the categories with data, Slovakia is the more expensive of the two more often than not.

How to Interpret the Comparison

These are average wages, not median wages, and not take-home pay. An average is pulled by the whole distribution, so it does not describe a typical individual, occupation, city or employer in either economy.

The wage figures are already PPP-adjusted and in constant prices. They are not local-currency salaries and not amounts convertible at a market exchange rate.

The price levels are relative indices against United States = 100. They describe how price levels compare, not what a household actually spends.

Wages and price levels should not be combined into a verdict on which country is better. This page is for understanding how the two wage trends and price structures differ — nothing further follows from it.