Income of Brazilians falls to the lowest level since 2012

The real monthly income of the population had a record drop and reached the lowest level of the historical series, started in 2012. Data released this Friday (10/6) by the Brazilian Institute of Geography and Statistics (IBGE) show that the reduction of beneficiaries of the Emergency Aid during the pandemic made income fall.

Last year, the average monthly household income per capita was R$ 1,353. It is the lowest value in 10 years, considering the historical series of the survey started in 2012. The information is contained in the Continuous National Household Sample Survey (Continuous Pnad) of 2021.

The survey points to a generalized fall among the various sources that make up the Brazilian’s income from 2020 to 2021 — an effect of the Covid-19 pandemic, a disease caused by the coronavirus.

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According to the institute, an increase in the proportion of people living without any type of income in the country was also identified.

Also according to the survey, the real average monthly income from all sources in the country went from BRL 2,386 in 2020 to BRL 2,265 in 2021 – the lowest value since 2012. That year, when the historical series began of the survey, the amount was estimated at R$ 2,369 (inflation for the period already discounted). This decline corresponds to a drop of 5.1%, the most intense in the series.

Until then, the biggest drop in real monthly income in the country, considering all sources of income, had been 3.4%, recorded in the transition from 2019 to 2020, pulled by the high level of unemployment caused by the pandemic.

See the average annual income of Brazilians, according to the IBGE:

  • 2012 – 1,417
  • 2013 – 1,464
  • 2014 – 1,505
  • 2015 – 1,458
  • 2016 – 1,439
  • 2017 – 1,445
  • 2018 – 1,498
  • 2019 – 1,520
  • 2020 – 1,454
  • 2021 – 1,353

The new record, IBGE points out, occurred despite the increase in the number of people employed in the labor market.

As the survey points out, the proportion of people with income actually received by work increased from 38.7% to 40.2%. Despite this, the average income actually received by work fell by 4.6%.

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