Monthly minimum wage (Local currency), annual growth rate in Brazil
Brazil: Monthly minimum wage (Local currency), annual growth rate was 8.45 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Brazil, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for monthly minimum wage (local currency), annual growth rate in Brazil is 8.45 % change on previous year, measured in 2024.
Compared with earlier readings it is up 13.8% on the previous year and up 24.5% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Brazil peaked at 42.86 % change on previous year in 1995 and was at its lowest, 1.81 % change on previous year, in 2018.
That places Brazil 50th out of 168 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Brazil, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 42.86 % change on previous year | — |
| 1996 | 12 % change on previous year | -72.0% |
| 1997 | 7.14 % change on previous year | -40.5% |
| 1998 | 8.33 % change on previous year | +16.7% |
| 1999 | 4.62 % change on previous year | -44.6% |
| 2000 | 11.03 % change on previous year | +139.0% |
| 2001 | 19.21 % change on previous year | +74.1% |
| 2002 | 11.11 % change on previous year | -42.1% |
| 2003 | 20 % change on previous year | +80.0% |
| 2004 | 8.33 % change on previous year | -58.3% |
| 2005 | 15.38 % change on previous year | +84.6% |
| 2006 | 16.67 % change on previous year | +8.3% |
| 2007 | 8.57 % change on previous year | -48.6% |
| 2008 | 9.21 % change on previous year | +7.5% |
| 2009 | 12.05 % change on previous year | +30.8% |
| 2010 | 9.68 % change on previous year | -19.7% |
| 2011 | 6.86 % change on previous year | -29.1% |
| 2012 | 14.13 % change on previous year | +105.9% |
| 2013 | 9 % change on previous year | -36.3% |
| 2014 | 6.78 % change on previous year | -24.6% |
| 2015 | 8.84 % change on previous year | +30.3% |
| 2016 | 11.68 % change on previous year | +32.1% |
| 2017 | 6.48 % change on previous year | -44.5% |
| 2018 | 1.81 % change on previous year | -72.0% |
| 2019 | 4.61 % change on previous year | +154.2% |
| 2020 | 4.71 % change on previous year | +2.1% |
| 2021 | 5.26 % change on previous year | +11.8% |
| 2022 | 10.18 % change on previous year | +93.5% |
| 2023 | 7.43 % change on previous year | -27.1% |
| 2024 | 8.45 % change on previous year | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.99 % change on previous year | 4.62 % change on previous year | 42.86 % change on previous year | 5 |
| 2000s | 13.16 % change on previous year | 8.33 % change on previous year | 20 % change on previous year | 10 |
| 2010s | 7.99 % change on previous year | 1.81 % change on previous year | 14.13 % change on previous year | 10 |
| 2020s | 7.21 % change on previous year | 4.71 % change on previous year | 10.18 % change on previous year | 5 |
Countries ranked near Brazil
- 47 Australia 8.65 % change on previous year compare
- 48 Mozambique 8.57 % change on previous year compare
- 49 South Africa 8.5 % change on previous year compare
- 51 Kyrgyzstan 8.43 % change on previous year compare
- 52 Germany 8.42 % change on previous year compare
- 53 Croatia 8.25 % change on previous year compare
More work & labour data for Brazil
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7328 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7065 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7581 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.74 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1001 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 215,063 1000 No (2050)
- Population - Est. & Proj. — Rural population 17,625 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 82,304 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 81,060 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 163,364 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Brazil?
- Monthly minimum wage (local currency), annual growth rate in Brazil was 8.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Brazil?
- The highest recorded value was 42.86 % change on previous year in 1995.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Brazil?
- The lowest recorded value was 1.81 % change on previous year in 2018.
- How does Brazil rank for monthly minimum wage (local currency), annual growth rate?
- Brazil ranks 50th out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Brazil?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is volatile.
- Where does this Brazil data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.