Brazil Nominal and Necessary Minimum Wage
Necessary Minimum Wage
Necessary Minimum Wage data was reported at 6,769.870 BRL in Oct 2024. This records an increase from the previous number of 6,657.550 BRL for Sep 2024. Necessary Minimum Wage data is updated monthly, averaging 2,047.285 BRL from Jul 1994 (Median) to Oct 2024, with 364 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 |
|---|---|---|
| 6,769.870 Oct 2024 | monthly | Jul 1994 - Oct 2024 |
View Brazil's Necessary Minimum Wage from Jul 1994 to Oct 2024 in the chart:
Nominal Minimun Wage
Nominal Minimun Wage data was reported at 1,412.000 BRL in Nov 2024. This stayed constant from the previous number of 1,412.000 BRL for Oct 2024. Nominal Minimun Wage data is updated monthly, averaging 465.000 BRL from Jul 1994 (Median) to Nov 2024, with 365 observations. The data reached an all-time high of 1,412.000 BRL in Nov 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 Nov 2024 | monthly | Jul 1994 - Nov 2024 |