TOOL · GROSS COST

How much would a basic income cost in Brazil?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 169,047,814child population 42,092,915year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

1,824,905 million

in BRLR$1,824,905,006,400

Equal to 16.7% of reference GDP

Population covered: 211,140,729 people

Adults: 169,047,814 × R$800 × 12 = R$1,622,859,014,400

Children: 42,092,915 × R$400 × 12 = R$202,045,992,000

R$1,622,859,014,400 + R$202,045,992,000 = R$1,824,905,006,400

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $2,191,131,765,685 · World Bank WDI

Currency BRL · exchange rate 4.9944 BRL/USD (2023)

Converted cost $365,391,718,901 for the GDP share.