Latin America & Caribbean poverty rate for 2023 was 27.30%, a 1.3% decline from 2022.
Latin America & Caribbean poverty rate for 2022 was 28.60%, a 3.1% decline from 2021.
Latin America & Caribbean poverty rate for 2021 was 31.70%, a 0.6% increase from 2020.
Latin America & Caribbean poverty rate for 2020 was 31.10%, a 0.3% increase from 2019.
Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions. The full historical dataset is available for download here: Latin America & Caribbean Poverty Rate | Historical Data | 1981 - 2023.