Brazil Among World’s 10 Most Unequal Countries. 10% Get Half the Wealth.

Brazzil Magazine covers

The United Nations Human Development Report analyzed 177 countries and concluded that Brazil ranks eighth (from worst to best) in terms of social inequalities.

The report shows that 46.9% of the Brazilian income is concentrated in the hands of the wealthiest 10% of the population.


“There are only five countries in which the poorest 10% of the population commands a smaller share of national income than poor Brazilians do (0.7%). They are Venezuela and Paraguay (0.6%), and Sierra Leone, Lesotho, and Namibia (0.5%),” the document informs.


First on the list of the world’s most unequal countries, in which income is most unevenly distributed, is Namibia, in Africa, followed by five other African countries: Lesotho, Botswana, Sierra Leone, the Central African Republic, and Swaziland. Seventh place is held by a Central American country, Guatemala.


A country’s degree of social inequality is determined by the Gini coefficient, named after Corrado Gini, the Italian statistician, demographer, and sociologist who developed the index in the early part of the 20th century.


ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Has 96.6 Million Cell Phones, 80% of Which Are Prepaid

There are 96.6 million celular phones in operation in Brazil. The figure was disclosed ...

Brazzil Magazine covers

Brazilian Marfrig Buys US OSI’s Poultry Business in Europe and Brazil

Brazil's meat processor Marfrig FrigorÀ­ficos e Comércio de Alimentos S/A announced Monday, June 23, ...

Brazzil Magazine covers

One Quarter of Brazilian Territory Is Covered by Public Forests

Public forests in Brazil cover today 211 million hectares (521 million acres) or 25% ...

Brazzil Magazine covers

Brazil Boosts Overseas Promotion Tenfold to Double Foreign Tourism

Brazil is going to invest US$ 120 million in the international promotion of Brazil ...

Brazzil Magazine covers

Brazil Exports US$ 14 Bi and Imports US$ 8 Bi in July. Two Records.

Brazilian exports in the month of July were the greatest in history, registering the ...

Brazzil Magazine covers

Brazilian Amazon Communities Make Money Saving the Rainforest

Three hundred families associated with the Brazilian Cooperative of Ecological Farmers of the Amazon ...