Peru leads middle class growth in Latin America

in life •  8 years ago  (edited)

August 28, 2014

Via Andina

Peru’s poverty levels in the said period fell from 50.5% to 24.2%, while the number of people moving into the middle class increased from 15.2 % to 34.3%.


www.telegraph.co.uk

Peru has seen Latin America’s greatest increase in people who have shifted out poverty into a growing middle class, according to the United Nations Development Programme (UNDP).

“Between 2000 and 2012, Peru became the country in Latin America and the Caribbean with the largest number of people lifted from poverty into the middle class, being the nation with the highest relative increase in this group (19.1 percentage points),” it was stated in a new report by UNDP.

According to the “Profile of social groups in Latin America: the poor, the vulnerable and the middle class,” Peru’s poverty levels in the said period fell from 50.5% to 24.2%, while the number of people moving into the middle class increased from 15.2 % to 34.3%.


en.wikipedia.org

In the region, the poor population (composed of those earning less than $4 a day) dropped from 41.7% in 2000 to 25.3% in 2012, while the middle class (people earning between $10-50 a day) grew by 82 million people, from 21.9% of the population in 2000 to 34.3% in 2012.

Despite the progress, the UNDP warned that the vulnerable population (those earning between US$4 and US$10 a day) has slightly grown from 35% of the Latin-American population in 2000 to 38 percent in 2012.

The report has assessed 18 countries in the region and was launched in El Salvador to complement a global analysis on vulnerability and resilience presented in Tokyo on August 24.

http://www.andina.com.pe/ingles/noticia-peru-leads-middle-class-growth-in-latin-america-520880.aspx

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Full Source: http://www.andina.com.pe/ingles/noticia-peru-leads-middle-class-growth-in-latin-america-520880.aspx

Copying/Pasting articles without permission is copyright infringement. If you want to share a news story, simply link to the source, and include your original commentary, and possibly small quotes from the source. Copy paste is discouraged by the community, and may result in action from the cheetah bot.

Creative Commons: If you are reposting under a Creative Commons license, please attribute and link according to the specific license. If you are reposting under CC0 please consider noting that at the end of your post.

If you are actually the original author, please do reply to let us know!

Thank You! ☙

August 28, 2014

Via Andina

ANDINA IS THE SOURCE! I ALWAYS PUT A SOURCE IN THE ARTICLE AND THE PICTURES.. PLEASE READ FIRST.

From Andina: © 2014 Peru News Agency. All Rights reserved.

Copying/Pasting articles without permission is copyright infringement. If you have permission from andina.com please provide a way for us to verify it. Or, if they allow sharing under Creative Commons, please provide the link.

Thank You! ☙

is copyright infringement IF i attribute that article as mine! I'm posting the owner of the article. creative commons don't need "a source". Well whatever.. if you want delete this post.