Income Gap In Brazil

In 2018 the richest 10 of brazilians accounted for 43 1 of national income up from 41 4 in 2015 according to the statistics institute.

Income gap in brazil. Rio de janeiro brazil income disparity among brazilians reached the highest level ever recorded in the first quarter of 2019. Brazil s gini coefficient a measure of income inequality has slowly decreased from 0 596 in 2001 to 0 543 in 2009. Income gap in brazil hits its highest recorded level. At the top the average yield was r 27 744.

For workers aged between 25 and 29 years the average earnings gap was 13 1 percent rising to 18 4 percent in the 30 39 year old bracket and 25 1 percent in the 40 49 year old bracket. The top 6 people earn as much as the bottom 50. Its gdp growth in 2010 was 7 5. Indeed leading data show the trend of widening inequality continued into 2019 neri said.

The standstill took brazil from 10th to 9th in the global ranking for income inequality in 2017. In 2012 alone a report by bbc news showed that the average income of a white worker in brazil s six main capitals was 2 237 reais 712 65 usd a month. Brazil has been tackling problems of income inequality despite high rates of growth. For a person of african descent it was 1 255 reais 399 81 on the outskirts of rio de janeiro a slum named maré houses a population of 140 000 residents.

Furthermore the poorest 30 of brazilian earners sawtheir incomes fall from 2017. Almost simultaneously the salaries of the poorest were reduced while wealthy families earned more. It is not only between genders but social classes. However the numbers still point to a rather significant problem of income disparity.

The poorest 30 of brazilian earners saw their incomes fall from 2017. It is truly putting a toll on brazil s economy. In brazil there is a huge wage gap. The country s high income concentration is depicted by the richest one per cent of the popula.

In the poorest half r 820. In recent decades there has been a decline in inequality for the country as a whole. From 2017 to 2018 the income gain of the poorest 10 of the population fell 3 2 to 153 on average while the richest 1 increased 8 4 to 27 774. According to a study by the brazilian institute of economics of the getulio vargas foundation fgv ibre the index measuring inequality has been.