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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.
(source, click image to enlarge)
Poverty in the chart below means below national poverty lines:
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).
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: