Poverty in South America
overview of poverty in South America
Poverty in South America is prevalent in most of its countries. Those that have the highest rates of poverty per population are Suriname, Bolivia and Venezuela.
Recent political shifts in the region have led to improvements in some of these countries. In general, most South American economies have attempted to tackle poverty with stronger economic regulations, foreign direct investments and implementation of microeconomic policies to reduce poverty.
Conditions by nation
Argentina
Argentina is one of two countries that has seen an upward shift in its poverty population in 2017. Its poverty population was recorded at 27.5% and 32% in 2018. Critics of the official INDEC survey charge that both the inflation rate used to measure poverty and the official baseline household budgets themselves are understated. The official income poverty line also increased 150% between 2001 and early 2010; but most private surveys of household conditions in Argentina estimate it at half again as much as the official threshold, and the effective poverty rate at around 25% of the population. Absolute poverty estimates, as measured by the inability to meet a minimum nutritional budget, also differ: this condition includes 3.5% of the population officially, and around 10% per private estimates.
Poverty in Argentina varies widely according to region, and provinces in the north have historically shouldered the nation's highest poverty rates.
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