Wages in Brazil increased to 2238 BRL/Month in November from 2235 BRL/Month in October of 2018. Wages in Brazil averaged 2203.01 BRL/Month from 2012 until 2018, reaching an all time high of 2257 BRL/Month in February of 2018 and a record low of 2124 BRL/Month in March of 2012.
Wages in Brazil is expected to be 2240.00 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 2320.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income is projected to trend around 2410.00 BRL/Month in 2020, according to our econometric models.