Poverty in Costa Rica Does Not Fall Back

During 2019, the proportion of households living in poverty in the country remained at 21%, which is identical to the percentage reported in 2018.

Thursday, October 17, 2019

According to the National Household Survey 2019, prepared by the National Institute of Statistics and Censuses, per area of residence, urban poverty reaches 19.8% of households, while rural poverty reaches 24.2%, both values without significant changes with respect to 2018.

The document states that "... while urban poverty has presented values in the range of 18.2% and 19.8% throughout the 2010-decade, rural poverty shows a decreasing trend, going from 27.4% in 2010 to 24.2% in 2019, and only a higher value is observed in 2014 when it affected 30.3% of rural households. This behavior means that the gap between the percentage of households in poverty in urban areas and those in rural areas tends to decrease, in 2010 the gap was 8.4 p.p., and by 2019 it reached 4.4 p.p.

On the other hand, extreme poverty - those households whose per capita income is not enough to satisfy basic food needs - recorded that 5.8% of households are in this situation, that is, 93,542 households in extreme poverty.

When analyzing the results by planning region, the Central Region that agglomerates the majority of the country's population is the one that shows the lowest incidence in both total poverty (17.0%) and extreme poverty (4.3%).

It follows as the second with the lowest incidence, the Chorotega with a value of 20.3%, this is the only region that shows a statistically significant change with respect to 2018, when the percentage of poor households was 26.0%. A similar situation occurred with extreme poverty in this region, which fell from 8.8% to 5.3%, i.e. by 3.5 p.p.
".

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Costa Rica: Income Down, Poverty Up

October 2020

In the context of the health and economic crisis that the country is suffering, between 2019 and 2020 the average income per household decreased by 12%, and the incidence of poverty increased from 21% to 26%.

The average income per household according to the 2020 National Household Survey (Enaho) is ₡891,934 per month ($1,487), which represents a variation of -12.2% from the previous year, when it was at ₡1,016,358 ($1,694).

Unemployment in Panama Increases to 6.4%

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Up to March of this year, the total unemployment rate reached 6.4%, above the 5.8% reported at the end of March 2018.

When analyzing by area, urban showed a 7.2% rate in the third month of 2019, which is higher than that recorded in rural areas, whose rate was 4.2%, reported the General Comptroller of the Republic.

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October 2018

The number of households living in poverty increased by 1.1% between 2017 and 2018, increasing from 20% to 21.1% of the population.

Households living in poverty by poverty line (LP) represent 21.1% of the country's total, 1.1% more than the figure recorded in 2017. According to the National Institute of Census and Statistics, this increase is statistically significant.

Guatemalan Economy - July 2012

August 2011

The monthly report of major national economic indicators has been released by the Foundation for the Development of Guatemala.

Inflation
According to the Consumer Price Index (CPI) at republic level, prepared by the National Statistics Institute (INE), in July of 2011, it registered a value of 105.22, compared to 104.25 recorded last month, making the monthly variation 0.95%, while the cumulative increase to 31 July was 5.22%, which means that the price level rose during the month of December last year. The rate of change (change in July 2011 compared with the same month of 2010) stood at 7.04%, higher than that observed in July 2010.The main determinants of inflation products were agricultural products.

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