Wealth Inequality in Brazil
Pré-publication, Document de travail: 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.
Mots-clés JEL
Mots-clés
- Wealth Distribution
- Brazil
Référence interne
- PSE Working Papers n°2023-27
Pages
- 28 p.
URL de la notice HAL
Version
- 1