Latin American Economic Review

Table 7 Urban and rural poverty transition matrices 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
Panel A—Urban
2003
Extreme poor	29.9	34.9	32.8	1.5	0.9	100
Moderate poor	6.1	20.9	65.0	7.6	0.5	100
Vulnerable	1.5	6.6	61.4	30.2	0.3	100
Middle class	0.2	0.7	20.2	76.5	2.4	100
High income	0.0	0.0	0.6	59.9	39.5	100
Panel B—Rural
2003
Extreme poor	57.7	27.6	14.1	0.3	0.3	100
Moderate poor	14.5	32.9	50.0	2.4	0.3	100
Vulnerable	5.3	15.0	65.8	13.8	0.1	100
Middle class	1.0	3.3	39.5	55.9	0.3	100
High income	0.0	0.0	2.7	35.6	61.7	100

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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