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Brazil: extreme inequality in numbers

2024-01-04 01:29:56

Brazil's economic disparity is one of the world's largest economies, but it has reached an extreme level. Brazilian progress has been amazing for the past few decades. This country has reduced inequality, liberated millions of people from poverty, and thereby raised the foundation of the social pyramid

However, despite this evolution, the pace is very slow, Latin American giants are still listed as one of the most unequal countries on Earth.

The current level of inequality in Brazil has declined in 75 years, it will take 75 years for Britain to reach its current income equity level in the UK and reach Spanish standards for almost 60 years. Compared with neighboring countries, Brazil is 35 years behind Uruguay and 30 years behind Argentina.

In 19-year-old Brazil, those who earn the minimum wage per month need to work for 19 years to earn the same money from the wealthiest 0.1% population in the year.

Over the past 15 years, 28 million Brazil released 28 million people from poverty and reduced the number of poor people to less than 10%. However, wealthy people continue to receive the most benefits. Between 2001 and 2015, the richest 10% accounted for 61% of economic growth.

The six wealthiest people in Brazil have the same wealth as the poorest 50% of the population; about 100 million people. Photo: Apu Gomes / Oxfam

In the current progress rate of 2047, Brazilian women will reduce the wage gap in 2047. The black Brazilians will receive the same income as white people in 2089. Brazil equals wages for decades

6 - 50% of the six wealthiest in Brazil have the same wealth as 50% of the poorest, about 100 million. The country's wealthiest 5% has the same income as the remaining 95%

In 36 years, the six wealthiest people in Brazil gather their wealth and spend 1 million Brazilians (about $ 319,000) a day, they will spend all the money in 36 years I can. At the same time, 16 million Brazilians live below the poverty line

Despite millions of people getting rid of poverty over the past few decades, Brazil is still facing a big gap between the country's wealthiest population and other people. To make matters worse, inequality has the potential to reverse national progress in poverty eradication. According to the World Bank's current forecast, 6 million Brazilian people are expected to fall into poverty this year.

Therefore, it is urgently necessary to deal with some of the structural causes of inequality in Brazil, such as unfair taxation and lack of investment in social policy.

Brazil is one of the countries with the largest difference between rich and extreme poor. The majority of the population lives in poverty. According to the World Bank, "A quarter of Brazil's population of 173 million is only 2.2% of national income Brazil is ranked second after South Africa in income inequality in the world. In large cities such as Recife, armed robbery, homicide and sexual assault are serious, carjacking is common in big cities, gang related violence related to state of Sao Paulo is very serious. The crime rate of slums is extremely high, and the victims are seriously injured or murdered in the fight with criminals.

Brazil's economic disparity is one of the world's largest economies, but it has reached an extreme level. Brazilian progress has been amazing for the past few decades. The country was able to reduce inequality, free millions of people from poverty, and thereby lay the foundation for social pyramids. Despite millions of people getting rid of poverty over the past few decades, Brazil is still facing a big gap between the country's wealthiest population and other people. To make matters worse, inequality has the potential to reverse national progress in poverty eradication. According to the World Bank's current forecast, 3.6 million Brazilian people are expected to fall into poverty this year.