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Price
The current value of the Wages in Brazil is 3,192 BRL/Month. The Wages in Brazil increased to 3,192 BRL/Month on 5/1/2024, after it was 3,172 BRL/Month on 4/1/2024. From 3/1/2012 to 6/1/2024, the average GDP in Brazil was 3,001.29 BRL/Month. The all-time high was reached on 7/1/2020 with 3,255 BRL/Month, while the lowest value was recorded on 12/1/2021 with 2,788 BRL/Month.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE)Wages ·
3 years
5 years
10 years
25 Years
Max
Wages | |
---|---|
3/1/2012 | 2,866 BRL/Month |
4/1/2012 | 2,877 BRL/Month |
5/1/2012 | 2,869 BRL/Month |
6/1/2012 | 2,876 BRL/Month |
7/1/2012 | 2,890 BRL/Month |
8/1/2012 | 2,900 BRL/Month |
9/1/2012 | 2,895 BRL/Month |
10/1/2012 | 2,891 BRL/Month |
11/1/2012 | 2,888 BRL/Month |
12/1/2012 | 2,882 BRL/Month |
1/1/2013 | 2,893 BRL/Month |
2/1/2013 | 2,911 BRL/Month |
3/1/2013 | 2,927 BRL/Month |
4/1/2013 | 2,934 BRL/Month |
5/1/2013 | 2,936 BRL/Month |
6/1/2013 | 2,960 BRL/Month |
7/1/2013 | 2,979 BRL/Month |
8/1/2013 | 2,999 BRL/Month |
9/1/2013 | 2,999 BRL/Month |
10/1/2013 | 3,009 BRL/Month |
11/1/2013 | 2,997 BRL/Month |
12/1/2013 | 2,974 BRL/Month |
1/1/2014 | 2,970 BRL/Month |
2/1/2014 | 2,999 BRL/Month |
3/1/2014 | 3,033 BRL/Month |
4/1/2014 | 3,031 BRL/Month |
5/1/2014 | 3,026 BRL/Month |
6/1/2014 | 3,010 BRL/Month |
7/1/2014 | 3,004 BRL/Month |
8/1/2014 | 3,025 BRL/Month |
9/1/2014 | 3,036 BRL/Month |
10/1/2014 | 3,047 BRL/Month |
11/1/2014 | 3,026 BRL/Month |
12/1/2014 | 3,028 BRL/Month |
1/1/2015 | 3,032 BRL/Month |
2/1/2015 | 3,027 BRL/Month |
3/1/2015 | 3,028 BRL/Month |
4/1/2015 | 3,021 BRL/Month |
5/1/2015 | 3,008 BRL/Month |
6/1/2015 | 3,016 BRL/Month |
7/1/2015 | 2,995 BRL/Month |
8/1/2015 | 2,981 BRL/Month |
9/1/2015 | 2,980 BRL/Month |
10/1/2015 | 2,968 BRL/Month |
11/1/2015 | 2,946 BRL/Month |
12/1/2015 | 2,931 BRL/Month |
1/1/2016 | 2,940 BRL/Month |
2/1/2016 | 2,923 BRL/Month |
3/1/2016 | 2,936 BRL/Month |
4/1/2016 | 2,922 BRL/Month |
5/1/2016 | 2,931 BRL/Month |
6/1/2016 | 2,901 BRL/Month |
7/1/2016 | 2,902 BRL/Month |
8/1/2016 | 2,928 BRL/Month |
9/1/2016 | 2,925 BRL/Month |
10/1/2016 | 2,930 BRL/Month |
11/1/2016 | 2,936 BRL/Month |
12/1/2016 | 2,950 BRL/Month |
1/1/2017 | 2,961 BRL/Month |
2/1/2017 | 2,970 BRL/Month |
3/1/2017 | 2,987 BRL/Month |
4/1/2017 | 2,974 BRL/Month |
5/1/2017 | 2,970 BRL/Month |
6/1/2017 | 2,958 BRL/Month |
7/1/2017 | 2,960 BRL/Month |
8/1/2017 | 2,955 BRL/Month |
9/1/2017 | 2,970 BRL/Month |
10/1/2017 | 2,981 BRL/Month |
11/1/2017 | 2,994 BRL/Month |
12/1/2017 | 2,996 BRL/Month |
1/1/2018 | 3,007 BRL/Month |
2/1/2018 | 3,019 BRL/Month |
3/1/2018 | 3,017 BRL/Month |
4/1/2018 | 3,026 BRL/Month |
5/1/2018 | 3,027 BRL/Month |
6/1/2018 | 3,023 BRL/Month |
7/1/2018 | 3,012 BRL/Month |
8/1/2018 | 3,024 BRL/Month |
9/1/2018 | 3,012 BRL/Month |
10/1/2018 | 3,015 BRL/Month |
11/1/2018 | 3,018 BRL/Month |
12/1/2018 | 3,036 BRL/Month |
1/1/2019 | 3,055 BRL/Month |
2/1/2019 | 3,065 BRL/Month |
3/1/2019 | 3,053 BRL/Month |
4/1/2019 | 3,037 BRL/Month |
5/1/2019 | 3,016 BRL/Month |
6/1/2019 | 3,016 BRL/Month |
7/1/2019 | 3,009 BRL/Month |
8/1/2019 | 3,022 BRL/Month |
9/1/2019 | 3,021 BRL/Month |
10/1/2019 | 3,044 BRL/Month |
11/1/2019 | 3,057 BRL/Month |
12/1/2019 | 3,048 BRL/Month |
1/1/2020 | 3,055 BRL/Month |
2/1/2020 | 3,057 BRL/Month |
3/1/2020 | 3,083 BRL/Month |
4/1/2020 | 3,117 BRL/Month |
5/1/2020 | 3,168 BRL/Month |
6/1/2020 | 3,217 BRL/Month |
7/1/2020 | 3,255 BRL/Month |
8/1/2020 | 3,250 BRL/Month |
9/1/2020 | 3,253 BRL/Month |
10/1/2020 | 3,205 BRL/Month |
11/1/2020 | 3,171 BRL/Month |
12/1/2020 | 3,124 BRL/Month |
1/1/2021 | 3,116 BRL/Month |
2/1/2021 | 3,088 BRL/Month |
3/1/2021 | 3,098 BRL/Month |
4/1/2021 | 3,061 BRL/Month |
5/1/2021 | 3,058 BRL/Month |
6/1/2021 | 3,012 BRL/Month |
7/1/2021 | 2,985 BRL/Month |
8/1/2021 | 2,943 BRL/Month |
9/1/2021 | 2,891 BRL/Month |
10/1/2021 | 2,848 BRL/Month |
11/1/2021 | 2,811 BRL/Month |
12/1/2021 | 2,788 BRL/Month |
1/1/2022 | 2,815 BRL/Month |
2/1/2022 | 2,818 BRL/Month |
3/1/2022 | 2,830 BRL/Month |
4/1/2022 | 2,818 BRL/Month |
5/1/2022 | 2,838 BRL/Month |
6/1/2022 | 2,859 BRL/Month |
7/1/2022 | 2,899 BRL/Month |
8/1/2022 | 2,924 BRL/Month |
9/1/2022 | 2,963 BRL/Month |
10/1/2022 | 2,983 BRL/Month |
11/1/2022 | 3,011 BRL/Month |
12/1/2022 | 3,018 BRL/Month |
1/1/2023 | 3,031 BRL/Month |
2/1/2023 | 3,030 BRL/Month |
3/1/2023 | 3,038 BRL/Month |
4/1/2023 | 3,029 BRL/Month |
5/1/2023 | 3,024 BRL/Month |
6/1/2023 | 3,037 BRL/Month |
7/1/2023 | 3,047 BRL/Month |
8/1/2023 | 3,057 BRL/Month |
9/1/2023 | 3,088 BRL/Month |
10/1/2023 | 3,098 BRL/Month |
11/1/2023 | 3,126 BRL/Month |
12/1/2023 | 3,113 BRL/Month |
1/1/2024 | 3,147 BRL/Month |
2/1/2024 | 3,161 BRL/Month |
3/1/2024 | 3,158 BRL/Month |
4/1/2024 | 3,172 BRL/Month |
5/1/2024 | 3,192 BRL/Month |
Wages History
Date | Value |
---|---|
5/1/2024 | 3,192 BRL/Month |
4/1/2024 | 3,172 BRL/Month |
3/1/2024 | 3,158 BRL/Month |
2/1/2024 | 3,161 BRL/Month |
1/1/2024 | 3,147 BRL/Month |
12/1/2023 | 3,113 BRL/Month |
11/1/2023 | 3,126 BRL/Month |
10/1/2023 | 3,098 BRL/Month |
9/1/2023 | 3,088 BRL/Month |
8/1/2023 | 3,057 BRL/Month |
Similar Macro Indicators to Wages
Name | Current | Previous | Frequency |
---|---|---|---|
🇧🇷 Employed persons | 101.83 M | 101.331 M | Monthly |
🇧🇷 Employment rate | 57.8 % | 57.6 % | Monthly |
🇧🇷 Labor costs | 135.35 points | 150.14 points | Monthly |
🇧🇷 Labor force participation rate | 62 % | 62 % | Monthly |
🇧🇷 Minimum Wages | 1,412 BRL/Month | 1,412 BRL/Month | Monthly |
🇧🇷 Non-farm Payrolls | 131,810 | 240,030 | Monthly |
🇧🇷 Population | 216.28 M | 214.83 M | Annually |
🇧🇷 Productivity | 135.35 points | 150.14 points | Monthly |
🇧🇷 Retirement Age Men | 65 Years | 65 Years | Annually |
🇧🇷 Retirement Age Women | 62 Years | 62 Years | Annually |
🇧🇷 Unemployed Persons | 7.783 M | 8.213 M | Monthly |
🇧🇷 Unemployment Rate | 6.9 % | 7.1 % | Monthly |
🇧🇷 Wages in Manufacturing | 3,113 BRL/Month | 3,083 BRL/Month | Monthly |
In Brazil, wages are benchmarked using the typical real earnings across the country, as reported by Eulerpool.
Macro pages for other countries in America
- 🇦🇷Argentina
- 🇦🇼Aruba
- 🇧🇸Bahamas
- 🇧🇧Barbados
- 🇧🇿Belize
- 🇧🇲Bermuda
- 🇧🇴Bolivia
- 🇨🇦Canada
- 🇰🇾Cayman Islands
- 🇨🇱Chile
- 🇨🇴Colombia
- 🇨🇷Costa Rica
- 🇨🇺Cuba
- 🇩🇴Dominican Republic
- 🇪🇨Ecuador
- 🇸🇻El Salvador
- 🇬🇹Guatemala
- 🇬🇾Guyana
- 🇭🇹Haiti
- 🇭🇳Honduras
- 🇯🇲Jamaica
- 🇲🇽Mexico
- 🇳🇮Nicaragua
- 🇵🇦Panama
- 🇵🇾Paraguay
- 🇵🇪Peru
- 🇵🇷Puerto Rico
- 🇸🇷Suriname
- 🇹🇹Trinidad and Tobago
- 🇺🇸United States
- 🇺🇾Uruguay
- 🇻🇪Venezuela
- 🇦🇬Antigua and Barbuda
- 🇩🇲Dominica
- 🇬🇩Grenada
What is Wages?
Wages represent a fundamental pillar in the study of macroeconomics, serving as a critical indicator of economic health, labor market dynamics, and overall living standards. At Eulerpool, we comprehensively present macroeconomic data, with Wages being a crucial category that offers profound insights into the functioning and stability of economies worldwide. In macroeconomic terms, wages refer to the compensation employees receive for their labor, typically expressed in monetary terms. These compensations are essential not only for the sustenance of individuals and households but also for driving consumer spending, which is a significant component of Gross Domestic Product (GDP). Understanding wage levels and their trends provides profound insights into the economic wellbeing of a nation. Wages are influenced by several factors, including education, experience, skill level, industry, and geographic location. Furthermore, macroeconomic policies, labor market regulations, collective bargaining processes, and global economic conditions also play pivotal roles. These multifaceted influences mean that wages are not just a reflection of individual or company performance but are intricately tied to broader economic phenomena. At the national level, wage trends are crucial indicators of economic vitality. Rising wages often signal growing demand for labor, which can reflect an expanding economy and increased investment. Conversely, stagnating or declining wages may indicate economic distress, high unemployment, or decreased productivity. For policymakers and economists, wage analysis is indispensable for understanding inflation dynamics, as wages significantly impact aggregate demand and price levels. Inflation, often guided by wage adjustments, is a crucial area of focus within macroeconomics. The relationship, commonly referred to as wage-price spiral, posits that increased wages lead to higher consumer spending, driving up demand for goods and services. This increased demand can push up prices, leading to inflation. However, it is not just upward movements that need scrutiny; wage deflation, where wages decrease across the economy, can dampen consumer spending, leading to deflationary pressures, which can be equally perilous. Wage disparity is another critical dimension in the macroeconomic analysis of wages. Economic inequality, often measured by disparities in wage levels, has far-reaching consequences for social cohesion, economic growth, and political stability. High levels of wage inequality can lead to reduced economic mobility and a weakening of middle-class purchasing power, potentially stalling economic growth. On the other hand, more equitable wage distribution can support a more robust and sustainable economic development pathway. Labor market institutions and policies greatly impact wage dynamics. Minimum wage laws, for instance, set the lowest legal hourly pay and aim to ensure a basic standard of living for employees, especially those in low-paying jobs. These laws can have wide-ranging economic impacts, from reducing poverty levels to potentially influencing employment rates. Similarly, collective bargaining agreements, where unions negotiate wages on behalf of workers, can lead to significant wage premiums for unionized employees compared to their non-union counterparts. Globalization and technological advancements are two transformative factors profoundly affecting wage structures. Globalization, with the offshoring of labor-intensive production to lower-wage countries, has reshaped wage landscapes in developed economies, often suppressing wage growth in certain sectors while boosting it in others. Technological advancements, particularly automation and artificial intelligence, present both opportunities and challenges. While these technologies can enhance productivity and create new high-wage job categories, they also risk displacing workers in repetitive and lower-skilled jobs, resulting in wage polarization. Education and skill development are critical to wage dynamics. Higher educational attainment and specialized skills generally correlate with higher wages, reflecting the increased value and productivity of skilled labor. Governments and educational institutions play crucial roles in shaping workforce capabilities through policies and programs that enhance educational access, quality, and relevance to evolving economic needs. Gender and racial wage gaps are additional layers within the macroeconomic wage analysis. Persistent disparities often reflect deep-seated social and economic inequalities. Addressing these gaps requires concerted policy efforts and organizational commitment to equitable pay practices and inclusive labor markets. Wages also intersect significantly with tax policies. Progressive taxation, where higher earnings attract higher tax rates, can help redistribute income and mitigate wage inequality. However, tax policy must balance equity with efficiency to ensure that it does not stifle economic incentives and productivity. In examining wage data at Eulerpool, we provide users with detailed and up-to-date information on wage levels across different economies, sectors, and demographics. Our platform allows for granular analysis, offering invaluable insights for researchers, policymakers, and business leaders. By monitoring and analyzing wage trends, stakeholders can make informed decisions and strategies that align with macroeconomic realities and objectives. In conclusion, wages are a cornerstone of macroeconomic analysis, influencing and reflecting a wide array of economic conditions and trends. At Eulerpool, our dedication to providing accurate and comprehensive wage data empowers users to delve deep into these dynamics, fostering a profound understanding that can drive meaningful economic progress and policy formulation. Understanding wages in their full economic context is vital for anyone engaged in the study or management of economies, as they encapsulate the complex interplay of market forces, policy decisions, and social dynamics.