Wages in Brazil increased to 2460 BRL/Month in May from 2425 BRL/Month in April of 2020.

Wages in Brazil averaged 2323 BRL/Month from 2012 until 2020, reaching an all time high of 2460 BRL/Month in May of 2020 and a record low of 2224 BRL/Month in March of 2012. This page provides - Brazil Average Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Real Average Monthly Income - values, historical data and charts - was last updated on July of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Wages in Brazil is expected to be 2440.00 BRL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Brazil to stand at 2410.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income is projected to trend around 2550.00 BRL/Month in 2021 and 2590.00 BRL/Month in 2022, according to our econometric models.

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Brazil Real Average Monthly Income

Actual Previous Highest Lowest Dates Unit Frequency
2460.00 2425.00 2460.00 2224.00 2012 - 2020 BRL/Month Monthly
Constant Prices, NSA

Brazil Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.90 12.60 13.70 6.20 percent [+]
Employed Persons 85.94 89.24 94.55 85.94 Million [+]
Unemployed Persons 12.71 12.81 14.11 6.01 Million [+]
Labor Force Participation Rate 56.80 59.00 62.10 56.80 percent [+]
Labour Costs 106.39 88.34 181.87 39.60 points [+]
Wages 2460.00 2425.00 2460.00 2224.00 BRL/Month [+]
Minimum Wages 1045.00 1045.00 1045.00 64.79 BRL/Month [+]
Population 210.15 208.49 210.15 72.74 Million [+]
Retirement Age Women 62.00 60.00 62.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Productivity 106.39 88.34 181.87 39.60 points [+]
Non Farm Payrolls -331.90 -860.50 309.44 -860.50 Thousand [+]
Employment Rate 49.50 51.60 57.30 49.50 percent [+]
Wages In Manufacturing 2455.00 2432.00 2455.00 2224.00 BRL/Month [+]


Brazil Real Average Monthly Income
In Brazil, wages are benchmarked using usual real earnings across the country.