Understanding the history of income inequality in Brazil

Aug 08, 2019 19:20 2 min read (Updated: Sep 30, 2021 11:05)

With precarious favelas neighboring luxurious condos, Brazil is notorious for its profound levels of inequality. In fact, Brazil is the most unequal country in Latin America, and has among the highest inequality levels in the world, according to a report by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).

It would take 19 years for a Brazilian on minimum wage to earn as much as the top 0.1 percent makes every month, according to NGO Oxfam International. Additionally, data from the Brazilian Institute of Geography and Statistics (IBGE) shows that 54.8 million Brazilians live...

The history of income inequality in Brazil

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