Minimum Wages in Brazil averaged 471.80 BRL/Month from 1994 until 2021, reaching an all time high of 1100 BRL/Month in January of 2021 and a record low of 64.79 BRL/Month in August of 1994. This page provides - Brazil Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Minimum Monthly Wages - values, historical data and charts - was last updated on June of 2021.
Minimum Wages in Brazil is expected to be 1100.00 BRL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Brazil to stand at 1150.00 in 12 months time. In the long-term, the Brazil Minimum Monthly Wages is projected to trend around 1150.00 BRL/Month in 2022 and 1200.00 BRL/Month in 2023, according to our econometric models.