Economy, jobs and prices in Valparaiso, Chile: official figures
The Central Bank of Chile puts the gross domestic product of Valparaiso at 24.8 trillion pesos at current prices in 2025, 8.1% of the 307.2 trillion pesos it allocates to regions; 3rd largest of Chile's 16 regions.
Is the economy of Valparaiso growing?
In real terms the economy of Valparaiso grew by 3.0% in 2025 (Chile: 2.5%), after growth of 2.0% in 2024; its 2025 growth was 6th fastest of Chile's 16 regions.
Source: Banco Central de Chile · saved copyHas the economy of Valparaiso recovered since the pandemic?
After adjusting for prices, the 2025 output of Valparaiso was 14.7% above its 2019 level (Chile: 13.1% above); that change ranks 7th weakest of Chile's 16 regions.
Source: Banco Central de Chile · saved copyWhat is the GDP per person in Valparaiso?
GDP per person in Valparaiso was US$11,792 at current prices in 2024, 7th lowest of Chile's 16 regions, compared with US$11,436 in 2018.
Source: Banco Central de Chile · saved copyHow much do households spend in Valparaiso?
Spending by households and non-profit institutions in Valparaiso came to US$8,736 per person in 2024 (US$9,113 in 2018); 6th highest of Chile's 16 regions. That is 74% of GDP per person.
Source: Banco Central de Chile · saved copyHow much does Valparaiso export?
Valparaiso exported goods and services worth 5.7 trillion pesos in 2025, equal to 23% of its GDP (Chile: 35%); exports were up 8.3% on 2024 in current pesos.
Source: Banco Central de Chile · saved copyWhat is the unemployment rate in Valparaiso?
Unemployment in Valparaiso was 10.2% in the June-August 2026 quarter in the INE National Employment Survey, up 1.4 percentage points on a year earlier (8.8%); joint 4th highest of Chile's 16 regions. The national rate was 9.6%.
Source: Instituto Nacional de Estadisticas (INE) · saved copyHow many people work in Valparaiso?
About 926,290 people in Valparaiso had jobs in June-August 2026, up 1.7% on a year earlier, and about 105,390 were unemployed.
Source: Instituto Nacional de Estadisticas (INE) · saved copyHow many workers in Valparaiso have informal jobs?
28.6% of workers in Valparaiso held informal jobs in June-August 2026, down 0.4 percentage points on a year earlier (Chile: 26.3%); 8th highest of Chile's 16 regions.
Source: Instituto Nacional de Estadisticas (INE) · saved copyWhat is the unemployment rate for women in Valparaiso?
Unemployment among women in Valparaiso was 11.4% in June-August 2026, against 9.3% for men; 52.9% of women and 68.5% of men aged 15 and over were in the labour force.
Source: Instituto Nacional de Estadisticas (INE) · saved copyWhat is the average household income in Valparaiso?
Average household autonomous income (earnings, pensions, rents and private transfers, before state subsidies) in Valparaiso was 1,236,410 pesos in November 2024, according to the CASEN 2024 household survey; 7th highest of 16 regions (Chile: 1,456,694 pesos).
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copyAre household incomes in Valparaiso rising?
Measured in November 2024 pesos, average household autonomous income in Valparaiso went from 1,137,857 pesos in 2022 to 1,236,410 pesos in 2024 (up 8.7%; Chile: up 7.9%), and was down 1.3% on 2017 in real terms.
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copyHow much do households in Valparaiso earn from work?
Households in Valparaiso earned an average of 1,028,934 pesos from work in November 2024, 83.2% of their autonomous income; labour income was 8th highest of 16 regions (Chile: 1,259,980 pesos).
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copyHow much do households in Valparaiso receive in state subsidies?
State cash subsidies made up 6.9% of household monetary income in Valparaiso in 2024, 8th lowest of 16 regions (Chile: 5.5%); households received an average of 92,121 pesos in subsidies.
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copyAre wages in Valparaiso keeping up with prices?
In November 2024 pesos, average household income from work in Valparaiso was 1,028,934 pesos in 2024, against 947,032 pesos in 2022 and 1,028,771 pesos in 2017 (up 8.6% since 2022; Chile: up 8.0%).
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copyHow does household income in Valparaiso compare with Chile?
Average household monetary income in Valparaiso, autonomous income plus state cash subsidies, was 1,328,531 pesos in November 2024, 86.2% of the national average of 1,541,266 pesos.
Source: Ministerio de Desarrollo Social y Familia (Observatorio Social) · saved copyMore figures
- The 2024 census recorded a labour-force participation rate of 57.5% in Valparaiso (Chile: 59.9%), 8th lowest of Chile's 16 regions. Source: Instituto Nacional de Estadisticas (INE) · saved copy
How Valparaiso compares with other regions
GDP at current prices (2025) (2025)
Valparaiso ranks 3 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | GDP at current prices (2025) |
|---|---|---|
| 1 | Santiago Metropolitan Region | 128.2 trillion pesos |
| 2 | Antofagasta | 39.4 trillion pesos |
| 3 | Valparaiso | 24.8 trillion pesos |
| 4 | Biobio | 19.4 trillion pesos |
| 5 | Libertador General Bernardo O'Higgins | 14.7 trillion pesos |
| 6 | Maule | 12.4 trillion pesos |
| 7 | Coquimbo | 11.4 trillion pesos |
GDP per person (2024, US dollars) (2024)
Valparaiso ranks 10 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | GDP per person (2024, US dollars) |
|---|---|---|
| 7 | Libertador General Bernardo O'Higgins | US$14,678 |
| 8 | Coquimbo | US$12,468 |
| 9 | Biobio | US$11,836 |
| 10 | Valparaiso | US$11,792 |
| 11 | Los Lagos | US$11,277 |
| 12 | Maule | US$10,979 |
| 13 | Los Rios | US$10,343 |
Real GDP growth (2025) (2025)
Valparaiso ranks 6 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | Real GDP growth (2025) |
|---|---|---|
| 3 | Los Lagos | +5.3% |
| 4 | Arica y Parinacota | +5.3% |
| 5 | Magallanes | +4.4% |
| 6 | Valparaiso | +3.0% |
| 7 | Santiago Metropolitan Region | +2.8% |
| 8 | Los Rios | +2.6% |
| 9 | Araucania | +2.5% |
Real GDP change 2019-2025 (2019-2025)
Valparaiso ranks 9 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | Real GDP change 2019-2025 |
|---|---|---|
| 6 | Biobio | +15.4% |
| 7 | Aysen | +15.0% |
| 8 | Los Lagos | +15.0% |
| 9 | Valparaiso | +14.7% |
| 10 | Antofagasta | +12.1% |
| 11 | Santiago Metropolitan Region | +12.0% |
| 12 | Magallanes | +10.1% |
Unemployment rate (ENE, Jun-Aug 2026) (Jun-Aug 2026)
Valparaiso ranks 3 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | Unemployment rate (ENE, Jun-Aug 2026) |
|---|---|---|
| 1 | Libertador General Bernardo O'Higgins | 10.8% |
| 2 | Biobio | 10.7% |
| 3 | Valparaiso | 10.2% |
| 4 | Los Rios | 10.2% |
| 5 | Araucania | 10.1% |
| 6 | Santiago Metropolitan Region | 9.8% |
| 7 | Maule | 9.5% |
Employment rate, ages 15+ (ENE, Jun-Aug 2026) (Jun-Aug 2026)
Valparaiso ranks 8 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | Employment rate, ages 15+ (ENE, Jun-Aug 2026) |
|---|---|---|
| 5 | Tarapaca | 59.1% |
| 6 | Santiago Metropolitan Region | 58.9% |
| 7 | Arica y Parinacota | 54.7% |
| 8 | Valparaiso | 54.3% |
| 9 | Coquimbo | 53.5% |
| 10 | Los Rios | 51.9% |
| 11 | Los Lagos | 51.5% |
Informal employment rate (ENE, Jun-Aug 2026) (Jun-Aug 2026)
Valparaiso ranks 7 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | Informal employment rate (ENE, Jun-Aug 2026) |
|---|---|---|
| 4 | Maule | 30.6% |
| 5 | Tarapaca | 30.6% |
| 6 | Libertador General Bernardo O'Higgins | 29.4% |
| 7 | Valparaiso | 28.6% |
| 8 | Coquimbo | 28.1% |
| 9 | Biobio | 27.9% |
| 10 | Atacama | 27.9% |
Average household autonomous income, November 2024 (pesos) (2024)
Valparaiso ranks 7 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | Average household autonomous income, November 2024 (pesos) |
|---|---|---|
| 4 | Aysen | 1,477,882 |
| 5 | Tarapaca | 1,430,926 |
| 6 | Atacama | 1,279,468 |
| 7 | Valparaiso | 1,236,410 |
| 8 | Arica y Parinacota | 1,200,748 |
| 9 | Biobio | 1,190,036 |
| 10 | Los Lagos | 1,148,900 |
State cash subsidies as a share of household monetary income (CASEN 2024) (2024)
Valparaiso ranks 8 of 15, highest first. All 16 regions; Nuble has no page on this site.
| Rank | Region | State cash subsidies as a share of household monetary income (CASEN 2024) |
|---|---|---|
| 5 | Los Lagos | 7.9% |
| 6 | Coquimbo | 7.9% |
| 7 | Biobio | 7.7% |
| 8 | Valparaiso | 6.9% |
| 9 | Arica y Parinacota | 6.2% |
| 10 | Atacama | 5.6% |
| 11 | Aysen | 4.9% |
More on Valparaiso: overview · health · education and schools · poverty and living standards · government budget · Chile
Sources
- Instituto Nacional de Estadisticas (INE): Censo de Poblacion y Vivienda 2024: Sintesis de resultados (Tables 1-4, 8, 13, 18, 21, 24-28, 30-31, 33-37 and 39 by region), read 23 October 2026 · saved copy (SHA-256 fdf5a5b0acc0…)
- Banco Central de Chile: Consumo de hogares e IPSFL por region, precios corrientes, referencia 2018 (dolares per capita), 2018-2024, read 23 October 2026 · saved copy (SHA-256 69c349dcda69…)
- Instituto Nacional de Estadisticas (INE): Encuesta Nacional de Empleo, Nota Estadistica No. 53: principales indicadores con intervalo de confianza, trimestre junio-agosto 2026 (national and regional), read 23 October 2026 · saved copy (SHA-256 5dcdb038cef4…)
- Banco Central de Chile: Exportacion de bienes y servicios por region, anual, precios corrientes, referencia 2018 (miles de millones de pesos), 2013-2025, read 23 October 2026 · saved copy (SHA-256 892b2e560c5d…)
- Banco Central de Chile: Producto interno bruto por region, precios corrientes, series empalmadas, referencia 2018 (miles de millones de pesos), 2013-2025, read 23 October 2026 · saved copy (SHA-256 ca0f44a99447…)
- Banco Central de Chile: Producto interno bruto por region, precios corrientes, referencia 2018 (dolares per capita), 2018-2024, read 23 October 2026 · saved copy (SHA-256 f7ec24e40663…)
- Banco Central de Chile: Producto interno bruto anual por region, volumen a precios del ano anterior encadenado, referencia 2018, 2013-2025, read 23 October 2026 · saved copy (SHA-256 5fb5d18ca202…)
- Ministerio de Desarrollo Social y Familia (Observatorio Social): Encuesta Casen 2024: tablas de resultados, situacion de ingresos de los hogares, tables 3 (average household income by type and region, 2006-2024), 9 (composition of monetary income by region) and 21 (people below 50% of the median per-person income by region), read 23 October 2026 · saved copy (SHA-256 7e90810f6eb9…)
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