Statistics on Poverty in Latin America

Content

1. Absolute poverty
2. Income inequality

1. Absolute poverty

About 73 million Latin Americans have been lifted out of poverty since 2003. Between 2003 and 2010, the income of the average Latin American increased by more than 30 percent.

poverty in latin america

Since 1995, poverty defined as income less than $2.50 PPP a day (a regional standard) has been cut in half – from 26% to less than 13%. That is still 80 million people, half of them in Brazil and Mexico (source).

photo

I’m not sure what “indigent” means in this graph:

poverty in latin america

(source, click image to enlarge)

Poverty in the chart below means below national poverty lines:

poverty in Latin America

(source)
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2. Income inequality

While income inequality has risen in most parts of the world, the one big exception to the general upward trend is Latin America, long the world’s most unequal continent. Gini coefficients in most Latin American countries have fallen sharply over the past ten years (source).

Some data:

econ growth and inequality in latin america

cord_fig4

(source)

evolution of gini

(source)

latin america's income inequality

(source)

inequality in latin america

(source)

Another graph, comparing income inequality in Latin American countries between 1990 and 2008 – countries below the diagonal have less inequality now, and the higher on the graph the more unequal the country is now compared to others:

Latin America inequality 1990-2008

(source)

income inequality in latin america

Gini Latin America

(source)
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2 thoughts on “Statistics on Poverty in Latin America

  1. interesting stats. however i need a defination of “poverty”
    I have recently come to chile to work and after 9 months it look like a whole lot more than 12% poverty to me

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