Honduras and Colombia Are Latin America's Most Unequal Countries

Honduras and Colombia Are Latin America's Most Unequal Countries
Corbis

Latin America is home to some of the most unequal countries in the world, a new study by the World Bank found.

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According to the statistics, released on Wednesday, Honduras has the sixth-highest rate of inequality across the globe, with Colombia right behind at No. 7.  Brazil (8), Guatemala (9) and Panama (10) also made the world’s top 10 most unequal countries list.

The study’s findings show that while Latin America isn’t the poorest region on the globe, the ladder between the richest and the most impoverished is among the steepest.

For example, 10 percent of the most well off Colombians earn as much as four times than those in the bottom 40 percent of the country’s population. Furthermore, as much as 77.6 percent of Colombian land is owned by just 13.7 percent of its inhabitants.

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Inequality in Honduras isn’t much different, with 64.5 percent of Hondurans living in poverty and 42.6 percent in extreme poverty.