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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. Brazil is more unequal than Botswana, with 0.533 according to the Gini index, a small country neighboring South Africa with just over two million inhabitants. [7]
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 ...
This is a list of Brazilian states by poverty rate as of 2021. The international poverty rate used by the World Bank is used in the following list. The estimates can therefore differ from other estimates, like the national poverty rate.
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Many countries in Latin America have responded to high levels of poverty by implementing new, or altering old, social assistance programs such as conditional cash transfers. These include Mexico's Progresa Oportunidades, Brazil's Bolsa Escola and Bolsa Familia, Panama's Red de Oportunidades and Chile's Chile Solidario. [20]
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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]