National Prize for Musical Arts (Chile)

The National Prize for Musical Arts (Spanish: Premio Nacional de Artes Musicales) was created in Chile in 1992 under Law 19169 as one of the replacements of the National Prize of Art.^[1] It is granted "to the person who has distinguished himself by his achievements in the respective area of the arts" (Article 8 of the aforementioned law). It is part of the National Prize of Chile.

The prize, which is awarded every two years, consists of a diploma, the sum of 6,576,457 pesos (US$8,665) which is adjusted every year, according to the previous year's consumer price index, and a pension of 20 monthly tax units [es] (approximately US$1,600).