Universal and comprehensive social protection systems are a key public policy to eradicate poverty and reduce inequality

Press Release

ECLAC: The Regional Poverty Rate, which Rose with the Pandemic, Has Declined to a Level Similar to 2014 and in 2023 Reached the Lowest Figure on Record, but Income Inequality Remains High

Despite this progress, 172 million people in Latin America and the Caribbean still do not have enough income to meet their basic needs and 66 million of them cannot buy a basic food basket, according to the report Social Panorama of Latin America and the Caribbean 2024: The challenges of non-contributory social protection in advancing towards inclusive social development.