Poverty latest publications
Due to slowing growth and high inflation rates around the world, the World Bank raised concerns about global stagflation. Considering this scenario plus a possible fifth wave of COVID-19, some implications for the population in poverty are analyzed in a press release.
The behavior of labor poverty of the Mexican population is presented for the first quarter of 2022. The decrease in labor poverty is mainly due to two factors: the increase in real labor income per capita of 6.7% and the increase of 3.1 million in the working population.
February 25, 2022
Mexico | Pandemic and lack of investment damage the labor market and increase poverty
The economic crisis caused by the pandemic and the economic policy response (or rather, its absence) caused significant damage to the Mexican labor market.
October 12, 2021
Colombia | Challenges for the Colombian economy in the face of the pandemic and beyond
The challenges of the Colombian economy are presented in aspects such as pandemic, reactivation and recovery, employment, education and a condition of life with less poverty and more support in old age.
Remittances reach a record, 4,540 million USD during July (+28.6%). If remittance income is omitted, the volume of the population in Mexico living in poverty in 2020 would have increased by 836,000 people, and those living in extreme poverty would increase by 351,000 people.
August 10, 2021
Mexico | 3.8 million more poor and 2.1 million more in extreme poverty between 2018-2020
Between 2018 and 2020, the population living in poverty increased by 7.3%, from 51.9 to 55.7 million inhabitants, and the population living in extreme poverty grew 24.1%, from 8.7 to 10.8 million. The increase in the population with a lack of access to health services stands out, which went from 16.2% to 28.2%.
March 4, 2021
Mexico | There are 51 million Mexicans with an income below the value of the food basket
Coneval estimates that there are more than 51 million Mexicans living in working poverty in the 4Q20, 40.7% of the total population. Due to the pandemic, there was a contraction of 10.3 million jobs during the 2Q20, which is equivalent to almost 19% of total jobs nationally: 6.2 million men and 4.1 million women.
The estimates made by ECLAC, Coneval and BBVA Research are presented on the effect that the current crisis by Covid-19 can have on the increase in poverty and extreme poverty levels in Mexico in 2020.