Chile

House Price to Income Ratio - Chile Compared to Continent

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Chile	11.89x
Uruguay	16.98x
Peru	21.20x
Brazil	23.07x
Costa Rica	24.35x
Panama	25.65x
Ecuador	25.77x
Argentina	27.92x
Mexico	31.53x
Colombia	33.86x
Nicaragua	105.33x

 

 

Chile: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Chile publishes no house price statistics. General economics statistics are to be found at the Banco Central de Chile, the Instituto Nacional de Estadisticas, the Ministerio de Hacienda, and in the private sector Adimark and IMCE. Also of interest are the Sociedad de Economía de Chile and the Centro de Economía Aplicada.