Poverty and inequality have increased during the first year of the COVID-19 pandemic
The loss of jobs and incomes led to an unequal social impact during the pandemic
Informality is larger among low-income and self-employed workers
Informality rates vary strongly with socioeconomic characteristics
Informality and unemployment are concentrated among the vulnerable
Rotation in the labour market is high limiting access to social security
Informal workers suffered the most from the COVID-19 crisis
Women and youth suffered more during the COVID-19 pandemic
Public social spending is low
Coverage of the social protection system remains low
Cash transfers programmes leave many poor households without any support
Emergency cash transfers mitigated the COVID-19 impact on poverty and inequality
Emergency cash transfers mitigated income losses during the worst of the pandemic
Pension funds withdrawals overcompensated for income losses during the pandemic
Coverage of the unemployment insurance system has increased but remains limited
Replacement rates in unemployment remain limited
Protection against job losses has improved but significant gaps remain
Minimum wages are high relative to median wages
The Chilean pension system delivers low replacement rates
Effective contribution years are low leading to low self-financed pensions
The new minimum pension has led to higher replacement rates
Public expenditure on pensions is relatively low
Health coverage is high but there are disparities in the quality of services
Waiting lines are longer in the public health system
Household out-of-pocket spending is amongst the highest in OECD countries
Estimated impact on poverty and inequality of proposed social protection programmes