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This note analyzes the latest measurement regarding the proportion of the population in Mexico that is in labor poverty in the second quarter of 2024, carried out by the National Council for the Evaluation of Social Development Policy (Coneval).
This report presents the multidimensional poverty for municipalities in Mexico between 2010 and 2020. The study reveals a decline in poverty levels across 70.3% of the municipalities, though it also identifies significant variations in urban areas and highlights shortcomings in health services and educational coverage.
In 2023, there was a significant reduction in poverty, with 33% of the population classified as poor, compared to 36.6% in 2022 and 39.7% in 2021, and there was an important progress in closing some poverty gaps.
In the 2024-I quarter, on average, the population in labor poverty was able to cover only 42.3% of the food basket with their labor income. In Baja California, Guerrero and Oaxaca, people in labor poverty can purchase less than 1/3 of the food …
In Colombia, the results on food security were published, and despite the decrease in the percentage of households with food insecurity, the deterioration of employment, high food prices and increases in services and rents, reduce the chances o…
The labor poverty indicator in Mexico was 35.8% during the first quarter of 2024, reaching its lowest level in nearly 17 years, specifically, since the third quarter of 2007, when it was 35.2%.
The monetary poverty rate increased from 27.5% in 2022 to 29.0% in 2023 (BBVA Research estimate published in March of this year: 29.1%), moving further away from the pre-pandemic level (the lowest in 16 years) and returning to a record similar to that of 2010-2011.
Peru's poverty data for 2023 showed a significant setback. This evolution reveals the need to relaunch the policies and reforms that accelerated growth between 2004 and 2019.
Poverty was reduced in Colombia last year. In 2023, 338 thousand people were lifted out of multidimensional poverty, bringing poverty from 12.9% of the population in 2022 to 12.1% in 2023. And it was reduced mainly in the countryside. Informali…
Care work has a significant impact on women's approach to work. Promoting between family members a balance in the time spent on care and unpaid work would make it possible to increase women's labor participation, their income and their individ…
In 2022, poverty was 36.6% of the population, compared to 39.7% in 2021. With this, 1.3 million people were lifted out of poverty in Colombia between 2021 and 2022. Economic growth was the main factor that reduced poverty, an effect that was partly moderated by inflation.
On August 10, Coneval published the official measurement of poverty in Mexico, which contemplates the components of social rights together with that of income, and found that in 2022 there were 46.8 million people in a situation of poverty (36.3% of the population) and 9.1 million in extreme poverty (7.1%).
