LAC Equity Lab: A Platform for Poverty and Inequality Analysis
The LAC Equity Lab is a data-sharing platform featuring the latest indicators and analytics on poverty, shared prosperity, inequality, and equity in Latin America and the Caribbean. The platform provides an interactive way to visualize the region’s ongoing progress towards the World Bank’s twin goals of reducing extreme poverty and increasing shared prosperity, as well as many other indicators.

The LAC Equity Lab is a comprehensive source of the latest data on poverty, inequality, and shared prosperity in the Latin America and the Caribbean region. The portal allows you to explore several welfare indicators for LAC countries and the region as a whole. All indicators are based on harmonized data to ensure comparability across countries and over time. Any breaks in any data series due to survey design or methodological changes are explicitly marked and labeled. 

The LAC region as a whole has been growing consistently up to the year 2013 and has registered significant gains in terms of reducing poverty. Moreover, the gains from poverty reduction have been shared as income growth of the bottom 40 percent has been consistently higher than overall income growth. Over the past few years however, the region has witnessed sluggish growth and stagnant poverty reduction. Nevertheless, this has been accompanied by a reduction in inequality and strong income growth of the bottom 40 percent of the population, the World Bank’s indicator of shared prosperity.

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