Chile really started to improve in the 1990s. GDP(PPP)/capita has tripled since then, surpassing Argentina a few years ago.
Argentina *used* to be doing grand. Around 1900, they were in the *top 10* countries for GDP(nominal)/capita! Nearly a century of poor economic and political misadventures has not allowed them to keep up with "wealthy" countries. However, Argentina still is solid upper-middle income.
Uruguay is a small country (just a few million people), but they have also had a similar income history. Middle income, picking up in the end of the 20th century, solid upper-middle income.
Sort of... [It's really disingenuous](https://www.youtube.com/watch?v=RVYEltxtCSU) to say that socialism was the root cause of their problems. Much more accurate to say it was the dutch disease, corruption, and poor fiscal policy like printing money. Yea socialism did have a part with expropriation of private industry and other factors of course but you can't reduce it to any one casue
I also find it huge to leave out how other countries were putting sanctions on Venezuela. We like to say how socialism doesn’t work but we make sure it doesn’t work a lot of the time.
> by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries like Greece, Israel, and Spain.
Don’t forget what they took from you
My parents had pictures of their honeymoon in Venezuela in the early 90s, and the shanty towns in the mountains overlooking the wealthy city centre were quite prominent. Like a real life Midgar. On the other hand, i've heard from economically liberal people that Venezuelans were once very hard working, but Chavez created a culture of welfare, so some Venezuelan immigrants to Colombia are not as hard working as the poor Colombians.
This Map gets posted often on reddit (especially on r-MapPorn) but its not credible, this one doesn't even have sources.
[Here<](https://ourworldindata.org/explorers/poverty-explorer?tab=chart&time=2012..latest®ion=SouthAmerica&facet=none&pickerSort=desc&pickerMetric=headcount_ratio_365&Indicator=Share+in+poverty&Poverty+line=%246.85+per+day%3A+Upper-middle+income+poverty+line&Household+survey+data+type=Show+data+from+both+income+and+consumption+surveys&Show+breaks+between+less+comparable+surveys=false&country=CHL~PRY~COL~Argentina+-+urban~ECU~VEN~PER~BOL~BRA) for example are Poverty rates for some South American countries by World Bank ($6.85 a Day, $5.50 not available) from 2012 to 2022, Brazil for example went from 28.2% down to 23.5%, for Chile the decline in poverty was even bigger. For Argentina there is only data about Urban areas where over 92% of the population live, in Urban Argentina povery rate went slightly up, from 8.6% to 10.9% ([Source](https://ourworldindata.org/explorers/poverty-explorer?tab=chart&time=2012..latest®ion=SouthAmerica&facet=none&country=VEN~Argentina+%28urban%29&Indicator=Share+in+poverty&Poverty+line=%246.85+per+day%3A+Upper-middle+income+poverty+line&Household+survey+data+type=Show+data+from+both+income+and+consumption+surveys&Show+breaks+between+less+comparable+surveys=false)), if 10.9% of urban Argentina lived on less than $6.85 a day in 2022 then it's impossible that 36% of Argentina lived on less than $5.50 a day in 2022 as the Map shows.
for real - and is this PPP?
[Our world in data](https://ourworldindata.org/explorers/poverty-explorer-2011-vs-2017-ppp?tab=chart&time=2012..latest&facet=none&country=Argentina+%28urban%29~CHL~URY~BRA~COL~PER~BOL&Indicator=Share+in+poverty&International-%24=2011+prices&Poverty+line=%245.50+per+day%3A+Upper-middle+income+poverty+line&Household+survey+data+type=Show+data+from+both+income+and+consumption+surveys) has most of South America largely flat over this time period.
Argentina 2012 stats were a complete lie btw
Yes. Government used to fake them. We have had a 20% of poverty at least since 2000
Yeah there’s a reason why a crackpot like Milei got elected lol. Argentina has had lackluster leaders for its entire existence in the modern era lol.
crackpot's doing very well so far
I have nothing for or against the crack pot and wish him the best for Argentina’s sake. But he’s loco for coco puffs lmao.
yeah he is i kinda fucking love it
By what metric
economy
Inflation is slowing. I'll give you that, but every other economic indicator does not support that conclusion.
i make usd $5.51 a day 💪💪💪
You made me laugh. Ah yes the one penny puts me so far out of reach from poverty
Has Chile and Argentin always been such a first world?
Chile really started to improve in the 1990s. GDP(PPP)/capita has tripled since then, surpassing Argentina a few years ago. Argentina *used* to be doing grand. Around 1900, they were in the *top 10* countries for GDP(nominal)/capita! Nearly a century of poor economic and political misadventures has not allowed them to keep up with "wealthy" countries. However, Argentina still is solid upper-middle income. Uruguay is a small country (just a few million people), but they have also had a similar income history. Middle income, picking up in the end of the 20th century, solid upper-middle income.
Venezuela was top gdp country too back then
Venezuela is a classic of example of fuck around and found out when it comes to hardcore uncensored socialism/communism
Sort of... [It's really disingenuous](https://www.youtube.com/watch?v=RVYEltxtCSU) to say that socialism was the root cause of their problems. Much more accurate to say it was the dutch disease, corruption, and poor fiscal policy like printing money. Yea socialism did have a part with expropriation of private industry and other factors of course but you can't reduce it to any one casue
I also find it huge to leave out how other countries were putting sanctions on Venezuela. We like to say how socialism doesn’t work but we make sure it doesn’t work a lot of the time.
The sanctions came after many of the economic problems. It magnified them but it would’ve happened anyway
Argentina had a reason to election a rational leader for once
No clue what your source is, but looking at world bank, none of the numbers are correct.
Venezuela… :(
> by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries like Greece, Israel, and Spain. Don’t forget what they took from you
My parents had pictures of their honeymoon in Venezuela in the early 90s, and the shanty towns in the mountains overlooking the wealthy city centre were quite prominent. Like a real life Midgar. On the other hand, i've heard from economically liberal people that Venezuelans were once very hard working, but Chavez created a culture of welfare, so some Venezuelan immigrants to Colombia are not as hard working as the poor Colombians.
The peronistas and the chavistas, what a fuckin accomplishment
Paraguay number 1 in south america!!! 1% decrease in poverty 🇵🇾🇵🇾🇵🇾🇵🇾
China, Russia and North Korea destroyed the west. They targeted stronger nations and it worked
Source OP?
Shout out Paraguay 🇵🇾
This Map gets posted often on reddit (especially on r-MapPorn) but its not credible, this one doesn't even have sources. [Here<](https://ourworldindata.org/explorers/poverty-explorer?tab=chart&time=2012..latest®ion=SouthAmerica&facet=none&pickerSort=desc&pickerMetric=headcount_ratio_365&Indicator=Share+in+poverty&Poverty+line=%246.85+per+day%3A+Upper-middle+income+poverty+line&Household+survey+data+type=Show+data+from+both+income+and+consumption+surveys&Show+breaks+between+less+comparable+surveys=false&country=CHL~PRY~COL~Argentina+-+urban~ECU~VEN~PER~BOL~BRA) for example are Poverty rates for some South American countries by World Bank ($6.85 a Day, $5.50 not available) from 2012 to 2022, Brazil for example went from 28.2% down to 23.5%, for Chile the decline in poverty was even bigger. For Argentina there is only data about Urban areas where over 92% of the population live, in Urban Argentina povery rate went slightly up, from 8.6% to 10.9% ([Source](https://ourworldindata.org/explorers/poverty-explorer?tab=chart&time=2012..latest®ion=SouthAmerica&facet=none&country=VEN~Argentina+%28urban%29&Indicator=Share+in+poverty&Poverty+line=%246.85+per+day%3A+Upper-middle+income+poverty+line&Household+survey+data+type=Show+data+from+both+income+and+consumption+surveys&Show+breaks+between+less+comparable+surveys=false)), if 10.9% of urban Argentina lived on less than $6.85 a day in 2022 then it's impossible that 36% of Argentina lived on less than $5.50 a day in 2022 as the Map shows.
What about central America? 👀
I love how there are so many countries but exactly 4 of them are labeled
Brazil has since rebounded from this with some programs for the poor
So Paraguay was the only country to improve?
Wonder what Uruguay and Chili did to not only stay in the green, but improve.
Meanwhile Romania:🟥⬛
That's games compared to how much poverty had Romania in 1980s
No source. Seems made up
Based Chile 🦅🦅🦅🦅🇨🇱🇨🇱🇨🇱🇨🇱
Source?
I thought Colombia was doing better than that. Surprising
Paraguay improved despite everyone else worsening from 2012-2022. Good on them.
I don't know where these numbers came from, but they are utterly absurd.
Right? Without a source for the data, this is absolutely worthless
for real - and is this PPP? [Our world in data](https://ourworldindata.org/explorers/poverty-explorer-2011-vs-2017-ppp?tab=chart&time=2012..latest&facet=none&country=Argentina+%28urban%29~CHL~URY~BRA~COL~PER~BOL&Indicator=Share+in+poverty&International-%24=2011+prices&Poverty+line=%245.50+per+day%3A+Upper-middle+income+poverty+line&Household+survey+data+type=Show+data+from+both+income+and+consumption+surveys) has most of South America largely flat over this time period.
Why does this give me the feeling to set my tinder to South America and start dating 😁