Brazil's economy loses billions each year because of anti-LGBTQ+ discrimination

The World Bank has calculated the economic cost of discrimination against LGBTQ+ people in Brazil's labor market. It turns out, Brazil loses billions of dollars in wages and tax revenue every year because of it.

For years, the economic impact of discrimination against LGBTQ+ people was hard to quantify. This paper provides a clear financial figure, showing how exclusion directly translates into lost wages, higher unemployment, and reduced tax income. This means governments and businesses now have a concrete financial incentive to address discrimination, beyond social justice arguments.