Wages in Brazil increased to 2332 BRL/Month in November from 2317 BRL/Month in October of 2019. Wages in Brazil averaged 2269.14 BRL/Month from 2012 until 2019, reaching an all time high of 2335 BRL/Month in February of 2019 and a record low of 2178 BRL/Month in March of 2012. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Wages in Brazil is expected to be 2420.00 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 2440.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income is projected to trend around 2550.00 BRL/Month in 2020, according to our econometric models.