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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 ...
Brazil ranks 49.3 in the Gini coefficient index, with the richest 10% of Brazilians earning 43% of the nation's income, the poorest 34% earn less than 1.2%. [1] According to PNUD, in 1991, 99.2% of the municipalities had a low/very low HDI; but this number has fallen to 25.2% in 2010.
Income ratios include the pre-tax national income share held by top 10% of the population and the ratio of the upper bound value of the ninth decile (i.e. the 10% of people with highest income) to that of the upper bound value of the first decile (the ratio of the average income of the richest 10% to the poorest 10%).
Brazil's government eyes initiatives to boost credit for low-income individuals. March 18, 2024 at 12:32 PM. BRASILIA (Reuters) - Brazilian Finance Minister Fernando Haddad presented measures from ...
Income disparity is a major source of social inequality in Brazil. 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.
Trends on income inequality 1998–2010 in 7 Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela). Source of the data: World Bank. According to the World Bank, the poorest countries in the region were (as of 2008): [19] Haiti, Nicaragua, Bolivia and Honduras.
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2024 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or ...
In Brazil, universal basic income has been discussed at least since the 1980s. In 2001 a law was introduced by Senator Eduardo Suplicy of the Brazilian Workers Party which mandated the progressive institution of such a welfare system. By this move Brazil became the first country in the world to pass such a law.