Wages in Brazil increased to 2285 BRL/Month in February from 2270 BRL/Month in January of 2019. Wages in Brazil averaged 2205.83 BRL/Month from 2012 until 2019, reaching an all time high of 2285 BRL/Month in February of 2019 and a record low of 2128 BRL/Month in March of 2012.
Wages in Brazil is expected to be 2220.00 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 2250.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income is projected to trend around 2450.00 BRL/Month in 2020, according to our econometric models.