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Along with the problem of poverty, Brazil is among the ten most unequal countries in the world, according to the Institute of Applied Economic Research (Ipea) of Brazil. Brazil has 0.539 by the Gini index, based on 2018 data. It is among the ten most unequal countries in the world, being the only Latin American in the list where Africans appear.
In 2001, Brazil had a relatively high Gini coefficient of 0.59 for income disparity, meaning that the disparity between the incomes of any two randomly selected Brazilians was nearly 1.2 times the average. The World Bank estimates that the top 20% of the richest Brazilians have roughly 33 times the income share of the poorest 20%. [4]
The country's richest 1% of the population (less than 2 million Brazilians) have 13% of all household income, a similar economic result to that of the poorest 50% (about 80 million Brazilians). This inequality results in poverty levels that are inconsistent with an economy the size of that of Brazil. [1] The country's GDP growth in 2010 was 7.5 ...
Image credits: Sea_Pop_772 Only 12% of the 3,000 respondents said they consider themselves wealthy and only 4 in 10 people who are objectively wealthy, with assets of more than $2 million, said ...
The changes in the world of energy, both geographically and technologically, have been enormous during just the past decade. But almost certainly the years between now and, say, 2020 will be every ...
Human rights in Brazil include the right to life and freedom of speech; and condemnation of slavery and torture. The nation ratified the American Convention on Human Rights. [1] The 2017 Freedom in the World report by Freedom House gives Brazil a score of "2" for both political rights and civil liberties; "1" represents the most free, and "7 ...
Image credits: my_country_corner For instance, just under half of those who live in a city (47%) would prefer staying there, while 30% would opt for a town or rural area and 22% a suburb.
Brazil is the largest country in South America and has a low to moderate poverty rate [citation needed]. Poverty in Brazil is concentrated in the north-eastern region of the country, with 60% of the country's poorest. The majority of those in poverty are of Afro-Brazilian heritage. [23]