 | This article needs to be updated. (December 2018) |
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). 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%.[2] In recent decades, there has been a modest decline in inequality for the country as a whole. Brazil's GINI coefficient, a measure of income inequality, has slowly decreased from 0.596 in 2001 to 0.543 in 2009.[3] However, the numbers still point to a rather significant problem of income disparity.
- ^ "Notes on inequality and poverty in Brazil: Current situation and challenges" (PDF). Retrieved 9 September 2011.
- ^ "Growth rates in Brazil, CIA – The world factbook". Retrieved 2 September 2011.
- ^ "Statistics on the GINI coefficient in Brazil, IPEA (Instituto de Pesquisa Economica Aplicada)". Retrieved 2 September 2011.