Brazil Nominal and Necessary Minimum Wage
Necessary Minimum Wage
Necessary Minimum Wage data was reported at 6,912.690 BRL in Apr 2024. This records an increase from the previous number of 6,832.200 BRL for Mar 2024. Necessary Minimum Wage data is updated monthly, averaging 2,024.940 BRL from Jul 1994 (Median) to Apr 2024, with 358 observations. The data reached an all-time high of 6,996.360 BRL in Feb 2024 and a record low of 590.330 BRL in Jul 1994. Necessary Minimum Wage data remains active status in CEIC and is reported by Trade Union Statistical Department. The data is categorized under Global Database’s Brazil – Table BR.GBD008: Nominal and Necessary Minimum Wage.
| Last | Frequency | Range |
|---|---|---|
| 6,912.690 Apr 2024 | monthly | Jul 1994 - Apr 2024 |
View Brazil's Necessary Minimum Wage from Jul 1994 to Apr 2024 in the chart:
Nominal Minimun Wage
Nominal Minimun Wage data was reported at 1,412.000 BRL in May 2024. This stayed constant from the previous number of 1,412.000 BRL for Apr 2024. Nominal Minimun Wage data is updated monthly, averaging 465.000 BRL from Jul 1994 (Median) to May 2024, with 359 observations. The data reached an all-time high of 1,412.000 BRL in May 2024 and a record low of 64.790 BRL in Aug 1994. Nominal Minimun Wage data remains active status in CEIC and is reported by Trade Union Statistical Department. The data is categorized under Global Database’s Brazil – Table BR.GBD008: Nominal and Necessary Minimum Wage.
| Last | Frequency | Range |
|---|---|---|
| 1,412.000 May 2024 | monthly | Jul 1994 - May 2024 |