Wages in Brazil increased to 2500 BRL/Month in June from 2457 BRL/Month in May of 2020.

Wages in Brazil averaged 2316.71 BRL/Month from 2012 until 2020, reaching an all time high of 2500 BRL/Month in June of 2020 and a record low of 2217 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 September of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Wages in Brazil is expected to be 2480.00 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 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
2500.00 2457.00 2500.00 2217.00 2012 - 2020 BRL/Month Monthly
Constant Prices, NSA

Brazil Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.30 12.90 13.70 6.20 percent [+]
Employed Persons 83.35 85.94 94.55 83.35 Million [+]
Unemployed Persons 12.79 12.71 14.11 6.01 Million [+]
Labor Force Participation Rate 55.30 56.80 62.10 55.30 percent [+]
Labour Costs 72.77 93.82 181.87 39.60 points [+]
Wages 2500.00 2457.00 2500.00 2217.00 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 72.77 83.18 181.87 39.60 points [+]
Non Farm Payrolls 131.01 -19.58 309.44 -860.50 Thousand [+]
Employment Rate 47.90 49.50 57.30 47.90 percent [+]
Wages In Manufacturing 2568.00 2540.00 2568.00 2224.00 BRL/Month [+]


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