São Paulo is the second most unequal capital in the country, according to 2024 data from the Brazilian Institute of Geography and Statistics (IBGE). In the capital, São Paulo, the poorest 40% (2.5 million people) averaged R$1,477 per month, while the richest 10% (711,000 people) earned R$21,678 on average.
The calculation is based on the Gini index, which is a tool for measuring the degree of concentration of income in a given group. It refers to the difference between the income of the poor compared to the rich.
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Although the index in São Paulo decreased from 0.584 in 2023 to 0.561 in 2024, the figure is still the second highest among Brazilian capitals, behind only Recife (0.589). In the state of São Paulo, the index decreased from 0.503 to 0.489.
The statistic ranges from zero to one. A value of zero represents a state of equality, that is, everyone has the same income, while a value of one is the opposite, where one person owns all the wealth.