“Between 2008 and 2023, multidimensional poverty in Latin America fell significantly—from 45.8% to 25.4%. This steady decline, averaging 1.4% per year, was only interrupted in 2020 due to the impacts of the COVID-19 pandemic…
The MPI-LA complements traditional income-based measures by incorporating four key dimensions of well-being: housing, health, education, and employment. It goes further by including indicators like job quality, access to social protection, exclusion from the workforce due to unpaid domestic work, and internet connectivity.”