New minimum wage will impact the Brazilian economy by R$125 billion by 2025, says Dieese

by Andrea
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Adjustment of R$106 in relation to the 2024 minimum wage represents a total increase of 7.50%, being 2.5% above inflation

José Cruz/Agência Brasil
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The new which became R$1,518 as of January 1st, is expected to generate a significant impact on the Brazilian economy, estimated at R$125 billion for 2025. According to the Inter-Union Department of Statistics and Socioeconomic Studies (Dieese), this The amount includes R$81.5 billion in additional income and R$43.9 billion from tax collection on consumption. The adjustment of R$106 in relation to the 2024 minimum wage represents a total increase of 7.50%, being 2.5% above inflation. This correction was calculated based on the 4.84% inflation recorded by the INPC, in addition to an additional 2.5%, in accordance with the guidelines established by the new legislation that reformulated the New Fiscal Framework and the National Minimum Wage Enhancement Policy.

Since last year, the policy of increasing the minimum wage has aimed to ensure a real increase for workers. Dieese points out that the minimum wage is fundamental for the remuneration of approximately 59.9 million Brazilians, also influencing the value of retirements, pensions and other benefits granted by the INSS. The impact of the R$106 increase in the minimum wage will result in an additional cost of around R$38.9 billion for the INSS.

Published by Sarah Paula

*Report produced with the help of AI

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