In 2023, Brazil’s average monthly household income per capita saw a notable increase of 11.5%, rising to R$1,848 ($352). This update, provided by the Brazilian stats agency IBGE on April 19, 2024, marks the highest income record since the statistical series began in 2012. Total income for households reached R$398.3 billion ($75.87 billion), up 12.2% […]
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Brazil Sees Record Income Growth Amid Persistent Gender Gap
In the fourth quarter of 2023, Brazil’s average real income from primary jobs hit a historic high of BRL 2,947 ($589), reflecting a robust recovery trend post-pandemic. This milestone, captured by the Continuous National Household Sample Survey (Continuous PNAD) by the IBGE, showcases the nation’s economic rebound. Despite this progress, a stark gender pay gap […]