Wealth Inequality in Brazil
Résumé
This note provides novel estimates of wealth distribution in Brazil from 2006 to 2021, combining administrative and survey data. The estimations indicate that the wealthiest 1% of the population held 44.8% of the total wealth in 2006 and 46.8% in 2021. The increase was steeper for the top 0.01%, with the wealth share rising from 12.2% to 18%. Financial wealth is significantly more concentrated than real estate and becomes relatively more important as we move up the distribution. In the top 0.1%, financial wealth accounts for about 80% of reported wealth, while real estate represents no more than 15%. The greater relative importance of financial wealth at the very top, combined with the faster growth of financial wealth observed over the period, potentially explains the concentration trend.
Domaines
Economies et financesOrigine | Fichiers produits par l'(les) auteur(s) |
---|