Brazil has around 200 million inhabitants and its middle class represents nearly half of them – 49,22%, says a recent report by the Brazilian Getulio Vargas Foundation. It´s been growing since the end of last decade. According to the report, close to 91 million Brazilians, who now are part of the middle class – known [...]
Posts Tagged ‘Middle class’
Booming economy helps to expand Brazilian middle class
Brazilian booming economy and government´s programmes are helping to expand its middle class. Since 2003, more than 32 million people in this country of 198 million have entered the middle class, and about 20 million have risen above poverty. Brazil’s $1.3 trillion economy is bigger than those of India and Russia, and its per-capita income [...]
Half the nation, a hundred million citizens strong. What the middle class plans to do with its money—and its votes
Business in Brazil – Brazil is now a middle-class country. This social climbing is a feature mainly of the country’s cities, reversing two decades of stagnation that began at the start of the 1980s.