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

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

Brazil Fines Left and Right But Collects Less than 4%

It’s election season in Brazil. General elections are on October 3 and with its ...

Sílvia Poloto’s hard work of art

After having broken the rules in Brazil by successfully participating in an area (engineering) ...

Domestic News Brings Brazil Market Down

Brazil and Latin America moved lower on the session, as investors focused more on ...

Jorge Ben Jor back in the USA

“I am an urban suburban poet and my beat stays the same,” says Jorge ...

Ukrania and Colombia Inspect Brazilian Meat Before Starting to Order the Product

Representatives of the Ukranian and Colombian governments began a series of sanitary inspection visits ...

So Near, Yet So Far

José Serra virtually destroyed Ciro Gomes on television. If he unleashes this force against ...

Literature:

Vadinho, Dona Flor’s first husband died on a Sunday of Carnaval, in the morning, ...

For This One-Woman Fashion Powerhouse, Outlook for Luxury Is Gloomy in Brazil

When it comes to style, fashion and etiquette, Glória Kalil is a reference in ...

Brazilian Finance Minister Says Government Scandal Will Not Taint Economy

Brazil’s Minister of Finance, Antonio Palocci, declared that there is no question in the ...

Brazil’s Marina Silva Gets an Easy Ride

When Marina Silva left the Workers Party (PT) to join the Greens many observers ...