These are data that arise from a report by the Brazilian Institute of Geography and Statistics (IBGE). President Lula celebrated the data. There was also GDP growth.
Brazil achieved the lowest poverty since 2012 and an increase in the Gross Domestic Product (GDP) of 0.9%. The data arises from data published by the Brazilian Institute of Geography and Statistics (IBGE) in the document Synthesis of Social Indicators of 2024.
Between 2022 and 2023, 8.7 million people escaped poverty in Brazil. In that period, it fell from 67.7 million to 59 million people, the smallest number since 2012.
These data were celebrated by the president Lula Silva on his social network account X: “From now on we are going to collect everything we planted in these two years of mandate, in all areas. “The one who wins is the Brazilian people.”
In this period also extreme poverty was reduced. It went from 12.6 million to 9.5 million people, the lowest level since 2012. The drop was from 5.9% to 4.4% of the population. Today, in Brazil it is estimated that the global parameter for being in extreme poverty is having a salary of up to $2.15 per day.
As explained by the IBGE social indicators manager, Leonardo Athias“the fall in poverty in 2023 is resultmainly, of the dynamism in the labor market and an increase in the coverage of social benefits.”
GDP growth
He IBGE also reported that, in the third quarter of 2024, the GDP from Brazil increase a 4% compared to the same quarter last year. It wasn’t the only good thing.
There was growth in consumption and investments. Family consumption rose 1.5%. Meanwhile, Government consumption grew by 0.8%. For their part, investments gained 2.1%.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
