Brazil sees significant poverty reduction, reaching lowest levels since 2012

agenciabrasil.ebc.com.br (Portuguese)

Over 8.6 million Brazilians escaped poverty in 2024, reaching the lowest level since 2012. The IBGE reported that 1.9 million people exited extreme poverty. This marks the third consecutive year of poverty reduction, with the overall poverty rate falling to 23.1%. These figures reflect post-pandemic recovery, driven by a stronger job market and increased income transfer programs like Bolsa Família.


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Brazil sees significant poverty reduction, reaching lowest levels since 2012 | News Minimalist