Latin America and the Caribbean have made tremendous progress in reducing poverty, with 51 million people rising to the middle class in the last decade, according to UNDP figures. But there are many challenges to overcome. Of almost 600 million inhabitants, about 30 percent still live in poverty and 73 million of them live in extreme poverty. Even though inequality has been reducing in the past years, the region remains the most unequal in the world. Ten of the 15 countries with the highest levels of inequality are in the region.
UNDP promotes inclusive and sustainable human development and works to reduce poverty and inequality in Latin America and the Caribbean—in all its dimensions. We focus our efforts on making growth and trade benefit everyone in the region. more