Latin American Economic Review

Table 3 Poverty transition matrix in Latin America (2003–2013), region aggregate.

From: Poverty, vulnerability, and the middle class in Latin America

% of individuals	2013
% of individuals	Extreme poor	Moderate poor	Vulnerable	Middle class	High income	Total
2003
Extreme poor	41.2	32.0	25.1	1.0	0.7	100.0
Moderate poor	8.0	23.5	61.6	6.4	0.4	100.0
Vulnerable	2.0	7.7	61.9	28.2	0.3	100.0
Middle class	0.2	0.9	21.1	75.5	2.3	100.0
High income	0.0	0.0	0.7	58.9	40.4	100.0

Results based on 12 countries (Argentina (only urban), Brazil, Colombia, Costa Rica, Dominican Republic, Ecuador, Honduras, Panama, Peru, Paraguay, El Salvador and Uruguay (only urban))

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