According to a UN report, over 56 million people across Latin America and the Caribbean have been lifted out of poverty, which has decreased the region’s overall poverty rate by roughly 16 percent:
The UNDP singled out Bolivia and Peru for achieving some of the greatest poverty reduction, by 32.2% and 26.3% respectively, and also praised progress in Chile and Argentina. But it added that poverty levels went up by 6.8% in Guatemala and remained roughly unchanged in Uruguay, Honduras and the Dominican Republic.