Favela Economic Vitality Often Overlooked

Brazil’s favela communities generate up to R$119.8 billion in financial transactions per annum, more than do 20 of the 27 Brazilian states.

RIO DE JANEIRO, BRAZIL - Brazil’s favelas are often associated with violence and deprivation, but recent research carried out by Data Favel and Locomotiva Institutes points to the often overlooked economic vitality of these neighborhoods.

When combined, the country’s favelas count 13.6 million residents, just below the total population of the state of Bahia. And with economic activity per year put at R$119.8 billion (US$30 billion), this means Brazil’s . . .

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