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Economy, jobs and prices in Los Lagos, Chile: official figures

The Central Bank of Chile puts the gross domestic product of Los Lagos at 11.0 trillion pesos at current prices in 2025, 3.6% of the 307.2 trillion pesos it allocates to regions; 8th largest of Chile's 16 regions.

GDP, current prices (2025)
11.0 trillion pesos
2025
GDP per person (2024, US dollars)
US$11,277
2024
Unemployment rate (ENE, Jun-Aug 2026)
7.8%
Jun-Aug 2026
Average household autonomous income (CASEN 2024, pesos)
1,148,900
2024

Is the economy of Los Lagos growing?

In real terms the economy of Los Lagos grew by 5.3% in 2025 (Chile: 2.5%), after growth of 1.6% in 2024; its 2025 growth was 3rd fastest of Chile's 16 regions.

Source: Banco Central de Chile · saved copy

Has the economy of Los Lagos recovered since the pandemic?

After adjusting for prices, the 2025 output of Los Lagos was 15.0% above its 2019 level (Chile: 13.1% above); that change ranks 8th weakest of Chile's 16 regions.

Source: Banco Central de Chile · saved copy

What is the GDP per person in Los Lagos?

GDP per person in Los Lagos was US$11,277 at current prices in 2024, 6th lowest of Chile's 16 regions, compared with US$11,431 in 2018.

Source: Banco Central de Chile · saved copy

How much do households spend in Los Lagos?

Spending by households and non-profit institutions in Los Lagos came to US$8,772 per person in 2024 (US$8,255 in 2018); 5th highest of Chile's 16 regions. That is 78% of GDP per person.

Source: Banco Central de Chile · saved copy

How much does Los Lagos export?

Los Lagos exported goods and services worth 6.9 trillion pesos in 2025, equal to 63% of its GDP (Chile: 35%); exports were up 2.4% on 2024 in current pesos.

Source: Banco Central de Chile · saved copy

What is the unemployment rate in Los Lagos?

Unemployment in Los Lagos was 7.8% in the June-August 2026 quarter in the INE National Employment Survey, up 2.8 percentage points on a year earlier (5.0%); joint 4th lowest of Chile's 16 regions. The national rate was 9.6%.

Source: Instituto Nacional de Estadisticas (INE) · saved copy

How many people work in Los Lagos?

About 391,680 people in Los Lagos had jobs in June-August 2026, down 1.0% on a year earlier, and about 33,100 were unemployed.

Source: Instituto Nacional de Estadisticas (INE) · saved copy

What share of adults in Los Lagos have a job?

51.5% of people aged 15 and over in Los Lagos were employed in June-August 2026 and 55.8% were working or looking for work (Chile: 55.6% and 61.5%); the employment rate was 6th lowest of Chile's 16 regions.

Source: Instituto Nacional de Estadisticas (INE) · saved copy

How many workers in Los Lagos have informal jobs?

26.4% of workers in Los Lagos held informal jobs in June-August 2026, up 0.7 percentage points on a year earlier (Chile: 26.3%); 4th lowest of Chile's 16 regions.

Source: Instituto Nacional de Estadisticas (INE) · saved copy

What is the unemployment rate for women in Los Lagos?

Unemployment among women in Los Lagos was 7.9% in June-August 2026, against 7.7% for men; 46.7% of women and 65.1% of men aged 15 and over were in the labour force.

Source: Instituto Nacional de Estadisticas (INE) · saved copy

What is the average household income in Los Lagos?

Average household autonomous income (earnings, pensions, rents and private transfers, before state subsidies) in Los Lagos was 1,148,900 pesos in November 2024, according to the CASEN 2024 household survey; 7th lowest of 16 regions (Chile: 1,456,694 pesos).

Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

Are household incomes in Los Lagos rising?

Measured in November 2024 pesos, average household autonomous income in Los Lagos went from 1,041,764 pesos in 2022 to 1,148,900 pesos in 2024 (up 10.3%; Chile: up 7.9%), and was up 6.0% on 2017 in real terms.

Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

How much do households in Los Lagos earn from work?

Households in Los Lagos earned an average of 1,000,084 pesos from work in November 2024, 87.0% of their autonomous income; labour income was 7th lowest of 16 regions (Chile: 1,259,980 pesos).

Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

How much do households in Los Lagos receive in state subsidies?

State cash subsidies made up 7.9% of household monetary income in Los Lagos in 2024, 6th highest of 16 regions (Chile: 5.5%); households received an average of 98,472 pesos in subsidies.

Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

Are wages in Los Lagos keeping up with prices?

In November 2024 pesos, average household income from work in Los Lagos was 1,000,084 pesos in 2024, against 908,280 pesos in 2022 and 965,318 pesos in 2017 (up 10.1% since 2022; Chile: up 8.0%).

Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

How does household income in Los Lagos compare with Chile?

Average household monetary income in Los Lagos, autonomous income plus state cash subsidies, was 1,247,372 pesos in November 2024, 80.9% of the national average of 1,541,266 pesos.

Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

More figures

How Los Lagos compares with other regions

GDP at current prices (2025) (2025)

Los Lagos ranks 8 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionGDP at current prices (2025)
5Libertador General Bernardo O'Higgins14.7 trillion pesos
6Maule12.4 trillion pesos
7Coquimbo11.4 trillion pesos
8Los Lagos11.0 trillion pesos
9Atacama10.3 trillion pesos
10Tarapaca9.6 trillion pesos
11Araucania9.2 trillion pesos
Source: Banco Central de Chile · saved copy

GDP per person (2024, US dollars) (2024)

Los Lagos ranks 11 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionGDP per person (2024, US dollars)
8CoquimboUS$12,468
9BiobioUS$11,836
10ValparaisoUS$11,792
11Los LagosUS$11,277
12MauleUS$10,979
13Los RiosUS$10,343
14Arica y ParinacotaUS$9,855
Source: Banco Central de Chile · saved copy

Real GDP growth (2025) (2025)

Los Lagos ranks 3 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionReal GDP growth (2025)
1Atacama+15.3%
2Aysen+8.5%
3Los Lagos+5.3%
4Arica y Parinacota+5.3%
5Magallanes+4.4%
6Valparaiso+3.0%
7Santiago Metropolitan Region+2.8%
Source: Banco Central de Chile · saved copy

Real GDP change 2019-2025 (2019-2025)

Los Lagos ranks 8 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionReal GDP change 2019-2025
5Los Rios+15.5%
6Biobio+15.4%
7Aysen+15.0%
8Los Lagos+15.0%
9Valparaiso+14.7%
10Antofagasta+12.1%
11Santiago Metropolitan Region+12.0%
Source: Banco Central de Chile · saved copy

Unemployment rate (ENE, Jun-Aug 2026) (Jun-Aug 2026)

Los Lagos ranks 11 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionUnemployment rate (ENE, Jun-Aug 2026)
8Atacama9.5%
9Coquimbo9.4%
10Arica y Parinacota9.4%
11Los Lagos7.8%
12Tarapaca7.8%
13Magallanes6.9%
14Antofagasta6.3%
Source: Instituto Nacional de Estadisticas (INE) · saved copy

Employment rate, ages 15+ (ENE, Jun-Aug 2026) (Jun-Aug 2026)

Los Lagos ranks 11 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionEmployment rate, ages 15+ (ENE, Jun-Aug 2026)
8Valparaiso54.3%
9Coquimbo53.5%
10Los Rios51.9%
11Los Lagos51.5%
12Libertador General Bernardo O'Higgins50.9%
13Maule50.8%
14Araucania50.5%
Source: Instituto Nacional de Estadisticas (INE) · saved copy

Informal employment rate (ENE, Jun-Aug 2026) (Jun-Aug 2026)

Los Lagos ranks 12 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionInformal employment rate (ENE, Jun-Aug 2026)
9Biobio27.9%
10Atacama27.9%
11Aysen27.5%
12Los Lagos26.4%
13Santiago Metropolitan Region23.4%
14Antofagasta20.9%
15Magallanes20.9%
Source: Instituto Nacional de Estadisticas (INE) · saved copy

Average household autonomous income, November 2024 (pesos) (2024)

Los Lagos ranks 10 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionAverage household autonomous income, November 2024 (pesos)
7Valparaiso1,236,410
8Arica y Parinacota1,200,748
9Biobio1,190,036
10Los Lagos1,148,900
11Libertador General Bernardo O'Higgins1,132,312
12Coquimbo1,111,284
13Los Rios1,089,772
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

State cash subsidies as a share of household monetary income (CASEN 2024) (2024)

Los Lagos ranks 5 of 15, highest first. All 16 regions; Nuble has no page on this site.

RankRegionState cash subsidies as a share of household monetary income (CASEN 2024)
2Maule9.7%
3Los Rios8.4%
4Libertador General Bernardo O'Higgins8.0%
5Los Lagos7.9%
6Coquimbo7.9%
7Biobio7.7%
8Valparaiso6.9%
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copy

More on Los Lagos: overview · health · education and schools · poverty and living standards · government budget · Chile

Sources

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