How much money do you need to earn to be in the richest 1% to 10%?

Ever wondered how much money does it take to be among the rich? According to a study published in April 2022 by the IBGE, referring to the last quarter of 2021, the Covid-19 pandemic affected the average income of the 10% richest population in Brazil. The 1% richest population in Brazil was also affected, but remains less affected by the global economic and health crisis. However, do you know how much you need to earn monthly to be among the richest 1% and 10% in Brazil? Find out now.

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Group of 1% and 10% richest in Brazil: know the monthly income

Brazil is characterized by intense social inequality and, although it is a country of continental dimensions and wealth natural resources, in addition to being one of the largest agricultural exporters in the world, income distribution is still inefficient. For this reason, the value of the monthly income is not very high, when compared to several countries, to be among the richest. Find out more information now:

How much should I earn to be among the richest 10%?

In 2012, a study responsible for cataloging the monthly income of Brazilians who are among the richest 10% in the country was created, and this census is carried out annually throughout the country. According to the study, in April 2022 it was found that the income of this population reached the lowest level since the year in which the research was started. This is especially due to the Coronavirus pandemic.

According to the survey, to be among the 10% richest in Brazil, the average per capita income needs to be R$6,424. It is worth remembering that this is the value per family member, and not for a single person who receives this salary, for example.

However, this amount has already been higher: in 2020, a few months after the start of the pandemic, the average income was R$6,917. The value, which used to increase year after year, has significantly reduced.

How much should I earn to be among the richest 1%?

To be part of the 1% portion of the rich Brazilians, it is necessary to earn, on average, R$ 28,659.00.