Brazil: gross national income per capita 2011-2021
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 the Latin American country. As of 2021, the monthly income per capita of men was 2,698 U.S. dollars, while the figure was 2,158 U.S. dollars 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.