28 M Brazil has lifted 28 million people out of poverty in the last 15 years, reducing poverty to less than 10 percent of the population. But the rich continue to benefit the most: between 2001 and 2015, the richest 10 percent accounted for 61 percent of economic growth.

Jan 26, 2022 · Brazil is much richer than it was half a century ago, but this wealth remains in the hands of the minority. Since Rede Nossa São Paulo made the first map of inequality a decade ago, little has...

Jan 25, 2024 · Most impressively, as the focus narrowed to multimillionaires and billionaires — or the richest 0.01% in Brazil — the growth in income between 2017 and 2022 reached an astonishing 96%. Over the years studied, Brazil’s wealthiest citizens accumulated more of the country’s overall income.

Is Brazil a wealthy country? Brazil is the eighth-largest economy in the world but is recovering from a recession in 2015 and 2016 that ranks as the worst in the country’s history. In 2017, Brazil`s GDP grew 1%, inflation fell to historic lows of 2.9%, and the Central Bank lowered benchmark interest rates from 13.75% in 2016 to 7%.

Jan 20, 2024 · Brazil is one of the most unequal countries in the world, with luxury apartments built a few meters from poor slums, known as favelas, where drug traffickers rule. This is the case in...

Jun 28, 2024 · Is Brazil a rich or a poor country? Brazil is considered an upper-middle-income developing mixed economy, with the second largest economy in the Americas. While it has a relatively high GDP and purchasing power parity, there are still many challenges and disparities within the country.

Nov 30, 2018 · The gap between rich and poor had been on the wane in Brazil since 2002, according to the Gini index for total income per capita, gauged by the National Household Sample Survey (PNAD-IBGE).

Brazil has high income inequality despite high rates of economic growth. 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).

Jan 17, 2013 · ‘Brazil is today the eight consumer market in the world, according to World Forum sources. 96.3% of houses now have refrigerators, up from 85.1% in 2001. TVs are in 97.2% of houses (up from 89%) and 51.6% of houses have washing machines (up from 33.6% in 2001).

The COVID-19 crisis has gripped Brazil, with high death tolls and a "hands-off approach" from the Presidency that has been widely condemned as disproportionately affecting poor communities.