Brazil Productivity - Forecast

Productivity in Brazil is expected to be 112.42 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 145.00 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 11.8 11.8 11.4 11.2 10.9 9.8
Employed Persons 92.11 91.2 91.1 91.52 91 92
Unemployed Persons 12.31 12.9 12.9 12.16 12 9
Labor Force Participation Rate 61.9 61.9 61.9 61.44 62 62.8
Labour Costs 110 122 122 113 125 139
Wages 2154 2058 2025 2089 2100 2500
Minimum Wages 954 1090 1090 1090 1090 1280
Population 206 208 208 209 209 212
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 2380 2400 2400 2400 2400 2450
Living Wage Individual 1450 1467 1473 1479 1486 1474
Productivity 110 112 113 113 145 162
Non Farm Payrolls -329 25 58 56.47 30 20
Employment Rate 54.5 54.5 54.4 54.61 54.9 56
Wages High Skilled 4280 4430 4430 4430 4430 4600
Wages In Manufacturing 2113 2075 2078 2059 2140 2560
Wages Low Skilled 1310 1300 1300 1300 1300 1450