Brazil experienced a decade of economic and social progress from 2003-2013 in which over 26 million people were lifted out of poverty and inequality was reduced significantly (the Gini Coefficient has fallen 6% in 2013 to 0.54).The income of the bottom 40% of the population grew on average 6.1% (in real terms) between 2002 and 2012, compared to an 3.5% growth in income of the total population. However the reduction in poverty and inequality shows signs of stagnating since 2013.
GDP growth in Brazil has slowed from 4.5% in 2006-10 to 2.1% over 2011-14 and 0.1% in 2014. Inflation remains high, ending 2014 at 6.4%.