Brazil vs Mexico: Real minimum wages at constant prices — Statutory minimum wages
Real minimum wages at constant prices — Statutory minimum wages over time
- Brazil
- Mexico
How they compare
Mexico currently reports 3,768 US dollars, exchange rate converted against 3,260 US dollars, exchange rate converted in Brazil, a difference of 508 US dollars, exchange rate converted.
That makes Mexico's figure about 1.2 times Brazil's.
The two have swapped places 3 times across 42 shared years of data; in 1984 it was Brazil ahead.
Brazil ranks 26th and Mexico ranks 25th of 26 countries.
Brazil has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Brazil | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4,420 US dollars, exchange rate converted | 2,806 US dollars, exchange rate converted | 1,614 US dollars, exchange rate converted | Brazil |
| 1990s | 1,996 US dollars, exchange rate converted | 1,707 US dollars, exchange rate converted | 288.84 US dollars, exchange rate converted | Brazil |
| 2000s | 1,870 US dollars, exchange rate converted | 1,448 US dollars, exchange rate converted | 421.92 US dollars, exchange rate converted | Brazil |
| 2010s | 2,847 US dollars, exchange rate converted | 1,544 US dollars, exchange rate converted | 1,303 US dollars, exchange rate converted | Brazil |
| 2020s | 3,076 US dollars, exchange rate converted | 2,923 US dollars, exchange rate converted | 153.07 US dollars, exchange rate converted | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real minimum wages at constant prices — statutory minimum wages, Brazil or Mexico?
- Mexico, at 3,768 US dollars, exchange rate converted against 3,260 US dollars, exchange rate converted in Brazil as of 2025.
- What is the difference in real minimum wages at constant prices — statutory minimum wages between Brazil and Mexico?
- 508 US dollars, exchange rate converted, with Mexico ahead.
- How many years of comparable data are there for Brazil and Mexico?
- 42 years are reported by both, from 1984 to 2025.
- How do Brazil and Mexico rank globally for real minimum wages at constant prices — statutory minimum wages?
- Brazil ranks 26th and Mexico ranks 25th of 26 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Real minimum wages at constant prices — Statutory minimum wages. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.