Business · Economy · 1 day ago

Family financial vulnerability worsens in 22 of Brazil’s 27 states

Family financial vulnerability worsens in 22 of Brazil’s 27 states

Financial vulnerability among families increased in 22 of Brazil’s 27 states between the first and second quarters of the year.

The FGV Ibre index measures families’ debt, ability to pay, access to cash and exposure to financial risk.

Nationwide, 80% of families said they had some kind of debt, and 30% had overdue bills.

Maranhão, Tocantins and Rondônia remained the states with the highest vulnerability, while the Federal District had the lowest.

In Maranhão, lower average incomes, more informal work and unemployment, and limited savings make it harder for families to keep up with payments and handle unexpected costs.

The national average index rose 1.01%, but the increase was small and vulnerability declined in five states, including Mato Grosso.

The figures show that financial strain is widespread, though the source gives no next steps.

Sources

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