Brazil had its lowest rate of extreme poverty in history

Extreme poverty in Brazil fell to its lowest level since 1980, according to the World Bank. Brazil was also the country that most reduced poverty in all of Latin America.

In 2019, 11.37 million people - 5.4% of the population - were below the poverty line. In 2020, the number was of 4.14 million individuals, 1.9% of the total. A sum of 7.23 million Brazilians now live in ameliorated conditions.

The Emergency Aid Program (Auxílio Emergencial) was the largest income transfer program in the history of Brazil. Created during the covid-19 pandemic, it benefited 68 million people.

The program has been replaced by “Auxílio Brasil”, providing families a monthly revenue that doubles the reference amount established by the World Bank to escape extreme poverty. Over 21 million families, or more than 60 million people, receive the benefit.

Vulnerable families do not lose the payoff if a family member gets a job; they will actually receive a bonus. Bonuses are also awarded for school children who engage in sports or scientific activities.