The overall level of income inequality in a country is an important dimension of welfare, with significant implications for a country's ability to reduce poverty. Although inequality is used in a wide variety of contexts, most common measures refer to the distribution of income within a country¡¯s population. This is an important welfare dimension, since it considers the differences in income across all the population, unlike other welfare indicators that focus on only one group.
The Inequality section of the LAC Equity Lab includes the following data:
Income DistributionThe distribution of income at a country and regional level for different years. |
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Inequality TrendsThe evolution of different measures of inequality over time for different Latin American and Caribbean countries and sub-regions. |
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Composition by QuintileThe proportion of income received by each quintile and each quintile¡¯s sources of income. |
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Urban/Rural InequalityThe evolution of different measures of inequality over time by country at the national, rural, and urban level. |