Brazil Productivity - Forecast

Productivity in Brazil is expected to be 116.53 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Brazil to stand at 115.17 in 12 months time. In the long-term, the Brazil Productivity is projected to trend around 162.00 Index Points in 2020, according to our econometric models.


Brazil Productivity
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Brazil Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 12.7 12.6 12.5 11.9 11.7 12.1
Employed Persons 90.89 90.58 91 90.6 90.64 92
Unemployed Persons 13.24 13.7 13.6 13.7 13.65 10
Labor Force Participation Rate 61.6 61.63 62 61.64 61.64 62.8
Labour Costs 106 117 125 115 115 139
Wages 2187 2175 2200 2230 2210 2500
Minimum Wages 954 954 954 1050 1050 1190
Population 208 209 209 210 210 212
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 2380 2400 2400 2450 2450 2550
Living Wage Individual 1450 1479 1479 1500 1500 1550
Productivity 106 117 145 115 115 162
Non Farm Payrolls -0.66 36 -200 45 50 30
Employment Rate 53.6 53.51 54.9 53.49 53.48 56
Wages High Skilled 4280 4430 4430 4500 4500 4600
Wages In Manufacturing 2199 2200 2230 2240 2200 2480
Wages Low Skilled 1310 1350 1350 1400 1400 1450