Key information about Brazil Monthly Earnings

• Brazil Monthly Earnings stood at 589 USD in May 2023, compared with the previous figure of 590 USD in Apr 2023
• Brazil Monthly Earnings data is updated monthly, available from Mar 2012 to May 2023, with an average number of 818 USD
• The data reached the an all-time high of 1,620 USD in Mar 2012 and a record low of 486 USD in Nov 2021

CEIC converts Monthly Earnings into USD. The Central Bank of Brazil provides Real Average Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Brazil Monthly Earnings

• In the latest reports, Brazil Population reached 213 million people in Jun 2021
• Unemployment Rate of Brazil dropped to 8 % in May 2023
• The country's Labour Force Participation Rate increased to 62 % in May 2023

Key information about Brazil Household Income per Capita

• Brazil Annual Household Income per Capita reached 4,779.705 USD in Dec 2017, compared with the previous value of 4,272.395 USD in Dec 2016.
• Brazil Annual Household Income per Capita data is updated yearly, available from Dec 2016 to Dec 2017, with an averaged value of 4,526.050 USD.
• The data reached an all-time high of 4,779.705 USD in Dec 2017 and a record low of 4,272.395 USD in Dec 2016.
• In the latest reports, Retail Sales of Brazil dropped 2.265 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from Monthly Household Income per Capita multiplied by 12 and converts it into USD. The Brazilian Institute of Geography and Statistics provides Monthly Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

In 2024, the national gross income per capita in Brazil amounted to around 9,950 U.S. dollars, an increase from 9,310 dollars per person in the previous year. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Excluding countries and territories in the Caribbean, Uruguay and Chile were the Latin American countries with the highest national income per capita. Demographic elements and income There are many factors that may influence the income level, such as gender, academic attainment, location, ethnicity, etc. The gender pay gap, for example, is significant in Brazil. As of 2024, the monthly income per capita of men was 3,549 Brazilian reals, while the figure was 2,793 reals in the case of women. Additionally, monthly per capita household income varies greatly from state to state; the figures registered in Distrito Federal and São Paulo more than double the income of federative units like Acre, Alagoas or Maranhão. A high degree of inequality The Gini coefficient measures the degree of income inequality on a scale from 0 (total equality of incomes) to 100 (total inequality). Between 2010 and 2023, Brazil's degree of inequality in wealth distribution based on the Gini coefficient reached 52. That year, Brazil was deemed one of the most unequal countries in Latin America. Although the latest result represented one of the worst values in recent years, the Gini index is projected to improve slightly in the near future.

In 2024, the top ten percent in Brazil earned an average of 8,034 Brazilian reals per month before income taxes. This is more than 11 times the average income of the bottom half, which was 713 reals per month in that year.

In 2024, domestic workers in Brazil earned an average of 1,241 Brazilian reals per month, an increase from 1,193 a year earlier. The real monthly income of domestic workers in this South American country has remained above 1,000 reals since 2013.

From 2018 to 2020, the average monthly income of the Rio de Janeiro's metropolitan area increased consistently. In 2024, the average income decreased to under ***** Brazilian reals in the region. Nevertheless, when excluding the city of Rio de Janeiro, the metropolitan area saw the average monthly salary increase every year until 2022, year in which the figure dropped to ***** Brazilian reals.

The poorest five percent of the population in Brazil received a monthly income of merely *** reals in 2024, with their jobs as their only source of income. By contrast, the average income of workers who fall within the 40 percent to 50 percent percentile, and from 50 percent to 60 percent are **** and **** Brazilian reals, respectively.

Brazil BR: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 9,280.000 USD in 2023. This records an increase from the previous number of 8,450.000 USD for 2022. Brazil BR: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 2,625.000 USD from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 12,950.000 USD in 2013 and a record low of 260.000 USD in 1963. Brazil BR: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Brazil BR: GDP: USD: Adjusted Net National Income per Capita data was reported at 5,775.840 USD in 2021. This records an increase from the previous number of 5,367.949 USD for 2020. Brazil BR: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 2,537.680 USD from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 10,260.081 USD in 2011 and a record low of 396.618 USD in 1970. Brazil BR: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

In 2024, the monthly household income per person in Brazil varied considerably across the different federal units. The Distrito Federal, where the country's federal capital is located, had the highest per capita income, at 3,444 Brazilian reals per month. This figure was more than three times that of the state of Maranhão. The national average was 2,069 reals per capita per month.

Brazil BR: GDP: USD: Gross National Income: Atlas Method data was reported at 1,959.785 USD bn in 2023. This records an increase from the previous number of 1,776.651 USD bn for 2022. Brazil BR: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 396.672 USD bn from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 2,571.101 USD bn in 2013 and a record low of 20.145 USD bn in 1962. Brazil BR: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

Brazil BR: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data was reported at 9,643.076 USD in 2019. This records an increase from the previous number of 9,601.538 USD for 2018. Brazil BR: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 7,353.080 USD from Dec 1970 (Median) to 2019, with 50 observations. The data reached an all-time high of 10,697.599 USD in 2013 and a record low of 4,222.540 USD in 1970. Brazil BR: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

How much do software development professionals earn in Latin America? Among the presented countries, software developers in Panama had the highest median annual salary, amounting to ** thousand U.S. dollars.

In 2023, four Caribbean nations were the countries with the highest gross national income per capita in Latin America and the Caribbean. On average, the national gross income amounted to around 31,990 U.S. dollars per person in the Bahamas, an island country which also had one of the highest gross domestic product per capita in this region. Outside the Caribbean Excluding the Caribbean, the economies with the highest national income per capita are generally located in South America, with the exceptions of Panama, Costa Rica and Mexico. Guyana leads among continental states with a national income of around 20.360 U.S. dollars per person. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. The biggest economies Brazil and Mexico are still miles ahead in the race for the biggest economy of Latin America. As of 2023, both nations exceeded the two trillion U.S. dollars mark in their Gross Domestic Product (GDP). While Argentina's GDP, third place, slightly surpassed the 600 billion U.S. dollars. Nonetheless, both nations also ranked as the most populated by far in the region.

Nearly four out of ten professional soccer players in Brazil earned up to two thousand Brazilian reals per month as of May 2020 (around 375 U.S. dollars, based on exchange rates at the time), according to a survey across all states and league divisions. Meanwhile, only 10 percent of footballers surveyed had a monthly salary of at least 40 thousand Brazilian reals — or 7.5 thousand U.S. dollars.

Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.

According to a recent study, Colombia had the lowest monthly cost of living in Latin America with 546 U.S. dollars needed for basic living. In contrast, four countries had a cost of living above one thousand dollars, Costa Rica, Chile, Panama and Uruguay. In 2022, the highest minimum wage in the region was recorded by Ecuador with 425 dollars per month.

Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 22 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2022, the average net monthly salary in Brazil was lower than Ecuador's minimum wage.

What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work more than two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

JP: Foreign Direct Investment Income: Outward: USD: Total: Brazil data was reported at 2.737 USD bn in 2023. This records a decrease from the previous number of 3.142 USD bn for 2022. JP: Foreign Direct Investment Income: Outward: USD: Total: Brazil data is updated yearly, averaging 1.591 USD bn from Dec 2014 (Median) to 2023, with 10 observations. The data reached an all-time high of 3.142 USD bn in 2022 and a record low of -648.714 USD mn in 2015. JP: Foreign Direct Investment Income: Outward: USD: Total: Brazil data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the direct investor. FDI financial flows, income flows and positions include, if they exist, resident Special Purpose Entities (SPEs) which cannot be identified separately. Valuation method used for listed inward and outward equity positions: Own funds at book value, Accumulation of FDI equity flows. Valuation method used for unlisted inward and outward equity positions: Own funds at book value, Accumulation of FDI equity flows. Valuation method used for inward and outward debt positions: Nominal value .; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Inward FDI positions according to the ultimate counterparty (the ultimate investing country) are also available and publishable. In the dataset 'FDI statistics by parner country and by industry - Summary', inward FDI positions are showed according to the UIC. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered . Collective investment institutions are covered as direct investment enterprises. Non-profit institutions serving households are covered as direct investors. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Enterprise.