Labour Costs in Brazil decreased to 97.17 points in November from 107.54 points in October of 2019. Labour Costs in Brazil averaged 111.48 points from 1988 until 2019, reaching an all time high of 181.87 points in July of 2011 and a record low of 39.60 points in October of 2002. source: Banco Central Do Brasil

Labour Costs in Brazil is expected to be 100.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Brazil to stand at 100.00 in 12 months time. In the long-term, the Brazil Labour Costs is projected to trend around 115.00 points in 2020, according to our econometric models.


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Brazil Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
97.17 107.54 181.87 39.60 1988 - 2019 points Monthly
NSA, 1994M6=100

Brazil Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.20 11.60 13.70 6.20 percent [+]
Employed Persons 94.42 94.06 94.42 87.63 Million [+]
Unemployed Persons 11.86 12.37 14.11 6.01 Million [+]
Labor Force Participation Rate 62.00 62.10 62.10 60.80 percent [+]
Labour Costs 97.17 107.54 181.87 39.60 points [+]
Wages 2332.00 2317.00 2335.00 2178.00 BRL/Month [+]
Minimum Wages 998.00 998.00 998.00 64.79 BRL/Month [+]
Population 208.49 206.80 208.49 72.74 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Living Wage Family 2360.00 2330.00 2370.00 2320.00 BRL/Month [+]
Living Wage Individual 1390.00 1400.00 1410.00 1360.00 BRL/Month [+]
Non Farm Payrolls 99.23 70.85 309.44 -654.95 Thousand [+]
Productivity 97.17 107.54 181.87 39.60 points [+]
Employment Rate 55.10 54.90 57.30 53.10 percent [+]
Wages High Skilled 4730.00 4040.00 4730.00 3650.00 BRL/Month [+]
Wages In Manufacturing 2282.00 2283.00 2351.00 2178.00 BRL/Month [+]
Wages Low Skilled 1440.00 1160.00 1440.00 1140.00 BRL/Month [+]