1. Understanding Poverty
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LAC Equity Lab: Wage and Income

Wages and Labor income growth has remained modest in Latin America and the Caribbean in the last decade (around 0.6% and 0.7% annually between 2016 and 2024) and the GDP per person has stagnated.

This dashboard offers multiple ways to explore labor market disparities by presenting indicators such as mean hourly wages, mean monthly labor income, and per capita monthly total income. It also includes a demographic breakdown by age, sex, and educational attainment to enable a deeper understanding of these indicators across population groups.


The following are some key concepts:

Mean hourly wages: Mean hourly wages consider the calculation only for waged workers.

Monthly labor income: Monthly labor income considers only workers that reported income data.

Per Capita Monthly Labor Income: Represented average labor income for all individuals.

Educational attainment is measured as follows:

Low: Never attended, Completed primary and Incomplete secondary.

Middle: Completed secondary and Incomplete higher education.

Low: Completed higher education

The Labor Database for Latin America and the Caribbean - LABLAC (CEDLAS and the World Bank) is a harmonization project that seeks to mitigate differences arising from country-specific survey design and thus foment comparable indicators between LAC countries. However, methodological changes in the underlying surveys may result in non-comparable data that the harmonization process cannot fully solve. It is important that the user knows what data is and is not comparable. For more information, visit the LABLAC: comparability dashboard.

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