In LAC, financial access has been a challenge, but the pandemic accelerated bancarization. Account ownership surged from 52% in 2014 to 74% in 2021. While most adults now have accounts, growth was uneven; in OECD-level countries, it rose from 94% to 97%. Read the new #Graph4Thought: go.undp.org/3Y6
This new #Graph4Thought analyses five trends we observed in 2024 that are likely to persist or intensify, in 2025 in Latin America and the Caribbean: Slow Economic Growth, Low Productivity, Persistent Inequalities, Social Fragmentation, and Pressing Climate Changes. Read more here go.undp.org/33q
In LAC, younger generations are increasingly disenchanted with democracy, with many seeing alternative governance as a response to their frustrations. Alarmingly, nearly half of youth aged 18-35 say they would justify a coup if it helped reduce crime. Read the new #Graph4Thought: go.undp.org/JYr
The latest poverty projections for Latin America and the Caribbean estimate a poverty rate of 25%. A closer look reveals that, while rural poverty remains higher in absolute terms, urban poverty is growing faster, especially during periods of shock.
New #Graph4Thought :
www.undp.org/latin-americ...
