In 2022, the national gross income per capita in Brazil amounted to around 8.14 thousand U.S. dollars, an increase from 7,900 dollars per person in the previous year. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Excluding countries and territories in the Caribbean, Uruguay and Chile were the Latin American countries with the highest national income per capita.
Demographic elements and income
There are many factors that may influence the income level, such as gender, academic attainment, location, ethnicity, etc. The gender pay gap, for example, is significant in Brazil. As of 2022, the monthly income per capita of men was 2,920 Brazilian reals, while the figure was 2,303 reals in case of women. Additionally, monthly per capita household income varies greatly from state to state; the figures registered in Distrito Federal and São Paulo more than double the income of federative units like Amazonas, Alagoas or Maranhão.
A high degree of inequality
The Gini coefficient measures the degree of income inequality on a scale from 0 (total equality of incomes) to 100 (total inequality). Between 2010 and 2021, Brazil's degree of inequality in wealth distribution based on the Gini coefficient reached 48.9. That year, Brazil was deemed one of the most unequal countries in Latin America. Although the latest result represented one of the worst value in recent years, the Gini index is projected to improve slightly in the near future.
Gross national income per capita in Brazil from 2012 to 2022
(in U.S. dollars)
The source provides the following additional information: "GNI per capita is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies."
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World Bank. (July 25, 2023). Gross national income per capita in Brazil from 2012 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1066745/gross-national-income-per-capita-brazil/
World Bank. "Gross national income per capita in Brazil from 2012 to 2022 (in U.S. dollars)." Chart. July 25, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1066745/gross-national-income-per-capita-brazil/
World Bank. (2023). Gross national income per capita in Brazil from 2012 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1066745/gross-national-income-per-capita-brazil/
World Bank. "Gross National Income per Capita in Brazil from 2012 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 25 Jul 2023, https://www.statista.com/statistics/1066745/gross-national-income-per-capita-brazil/
World Bank, Gross national income per capita in Brazil from 2012 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/1066745/gross-national-income-per-capita-brazil/ (last visited July 22, 2024)
Gross national income per capita in Brazil from 2012 to 2022 (in U.S. dollars) [Graph], World Bank, July 25, 2023. [Online]. Available: https://www.statista.com/statistics/1066745/gross-national-income-per-capita-brazil/