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Brazil Poverty Rate

Brazil's poverty rate fell to 3.8% in 2023, down from 4.9% in 2022, according to World Bank. This represents a decrease of 1.1% from the previous year. Brazil has poverty rate higher than the global median (3.80% vs median 1.90%). Compared with the median in Americas, Brazil is higher (3.80% vs regional median 2.25%) and ranks 7th out of 22 countries in Americas.

Brazil's annual unemployment rate fell to 7.63% in 2024, down from 7.95% in 2023.

Yearly Historical Data (1981-2023)

(in %)
Year Poverty Rate (%)
2023 3.8%
2022 4.9%
2021 7.5%
2020 2.8%
2019 7%
2018 6.9%
2017 6.9%
2016 6.5%
2015 5.4%
2014 4.7%
2013 5.4%
2012 6.4%
2011 7.1%
2009 8.4%
2008 9.1%
2007 10.8%
2006 11.4%
2005 13.7%
2004 15.3%
2003 17.1%
2002 16.2%
2001 17.5%
1999 20%
1998 19.1%
1997 20.4%
1996 20.7%
1995 19.5%
1993 28.2%
1992 29.4%
1990 30.3%
1989 25.7%
1988 28.1%
1987 25.5%
1986 16.7%
1985 32.4%
1984 36.9%
1983 37.7%
1982 31%
1981 30.7%
Brazil Poverty Rate : Definition
Poverty Rate measures the percentage of people in Brazil living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).