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 %)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).