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Social Panorama of Latin America 2004

image of Social Panorama of Latin America 2004

The 2004 edition of the Social Panorama of Latin America analyses the major demographic changes that have occurred in the region over the past few decades, examines the socioeconomic status of Latin American youth, looks at institutional and programmatic guidelines for youth policies and describes how household structures and family roles have changed. As in past years, recent trends in poverty and income distribution in the Latin American countries are also reviewed.

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Income Distribution: Convergence towards higher levels of inequity

Inequality indicators over the past 13 years show that countries are converging towards higher levels of inequity in income distribution. This trend is apparent even in economies that had historically shown the lowest levels of inequality in the region, which have gradually been losing the gains they had made in this area. As a result, a high proportion of countries currently have high or very high levels of unequal income distribution. The high concentration of income is mainly due to the significant percentage of resources concentrated in the richest 10% of households, which distinguishes income distribution in Latin America from that observed in the rest of the world.

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