Palma ratio in Chile

Chile: Palma ratio was 2.18 in 2024. ▼ Falling

Latest (2024)
2.18
Change on year
down 1.4%
World rank
17th
of 120 countries
All-time high
4.74
in 1990
All-time low
2.18
in 2024
Years of data
17
1987–2024

Palma ratio in Chile, 1987–2024

0123451987200520241987: 4.51990: 4.71992: 4.11994: 4.51996: 4.11998: 4.32000: 3.72003: 3.52006: 2.82009: 2.72011: 2.72013: 2.72015: 2.52017: 2.52020: 2.72022: 2.22024: 2.2

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Chile recorded 2.18 for palma ratio in 2024. That is the lowest value across all 17 years on record.

The figure is down 1.4% on the previous year and down 17.9% over ten years.

Over the whole period, palma ratio in Chile peaked at 4.74 in 1990 and was at its lowest, 2.18, in 2024.

Chile ranks 17th of 120 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Palma ratio in Chile, year by year

Annual values for Palma ratio in Chile, 1987 to 2024.
Year Value Change
1987 4.51
1990 4.74 +5.0%
1992 4.1 -13.4%
1994 4.5 +9.8%
1996 4.15 -7.8%
1998 4.3 +3.7%
2000 3.7 -14.0%
2003 3.46 -6.6%
2006 2.79 -19.3%
2009 2.74 -1.7%
2011 2.66 -3.0%
2013 2.65 -0.2%
2015 2.46 -7.4%
2017 2.45 -0.1%
2020 2.67 +8.6%
2022 2.21 -17.1%
2024 2.18 -1.4%

Chile compared with similar countries

  • Chile's 2.18 is above the median for high income countries, which is 1.23, 1.8× the median. (42 countries reporting)
  • Chile's 2.18 is below the median for Latin America & Caribbean, which is 2.37, 92% of the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.51 4.51 4.51 1
1990s 4.36 4.1 4.74 5
2000s 3.17 2.74 3.7 4
2010s 2.56 2.45 2.66 4
2020s 2.35 2.18 2.67 3

Countries ranked near Chile

  1. 14 Paraguay 2.34 compare
  2. 15 Turkey 2.26 compare
  3. 16 Ghana 2.25 compare
  4. 18 Uganda 2.14 compare
  5. 19 Mexico 2.14 compare
  6. 20 Cameroon 2.08 compare

See the full ranking of 120 places →

More reference data data for Chile

All data for Chile →

Frequently asked questions

What is palma ratio in Chile?
Palma ratio in Chile was 2.18 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Chile?
The highest recorded value was 4.74 in 1990.
What is the lowest palma ratio recorded in Chile?
The lowest recorded value was 2.18 in 2024.
How does Chile rank for palma ratio?
Chile ranks 17th out of 120 countries with data for 2024.
Is palma ratio rising or falling in Chile?
Over the last ten years it is down 17.9%. The long-run trend across the full record is falling.
Where does this Chile data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Chile. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/chile/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.