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On April 9, was published a report known as the Index of Social Progress 2015, by the Social Progress Imperative. This report reveals that Latin America should “give priority to social progress” and that the difficult economic conditions need not to be an obstacle to ensuring improvements in the citizen’s lifes.

Gogetit Highlights

* The Index of Social Progress 2015, ranks 133 countries based on their social and environmental performance. It was designed as a complement to GDP and other economic indicators to provide a more holistic view of the overall performance of countries.

* The report was published last April 9 and revealed that Costa Rica is ranked 28th in the global ranking of social progress, being the country with the highest relative performance worldwide.

* The results of this report for Latin America, allow to position Costa Rica, Uruguay, Panama, Argentina and Chile as countries with higher scores of social progress, with more than 70 points.

The Index of Social Progress is considered a powerful measure of inclusion, in which each country shows a correlation between social progress and the Gross Domestic Product (GDP). This report is prepared by the Social Progress Imperative and the countries in Latin America (specifically Costa Rica), achieved high scores.

According to information published on Estrategia y Negocios website, like Costa Rica, most of the countries of Latin America and the Caribbean exceed expectations to get good grades in relation to their economic level in a wide range of indicators of social progress. This is partly explained by the relative weakness of Africa and Asia in many indicators, rather than outstanding performance of nations in the region.

The countries of Latin America got good scores on a variety of measures, including tolerance and inclusion and personal freedom and choice.

It is important to note that the best relative performance of Costa Rica in relation to their average income level is due to the relatively high scores that the country gets in health and wellness, ranking 8 in the world, and the dimension of “opportunities” especially in measures of personal rights, personal freedom and choice, and in the area of ​​tolerance and inclusion, which is ranked 17th in the world.

According to the Index of Social Progress, higher education is one of the main areas of warning for the country, along with other topics such as nutrition (both undernutrition and food shortages as the rate of obesity), health (maternal mortality or incidence of suicide), water (especially access in rural areas and water stress) and personal security (by high homicide rate). The Index also shows indicators for which the country is lagging, such as the incidence of early marriage, the use of internet or freedom of religion (being a State official religion).

The results for Latin America allow to identify three groups of countries. Countries with social progress scores 70 points or more, which have smaller gaps in welfare (Uruguay, Chile, Costa Rica, Argentina, Panama, Brazil). Countries such as Colombia, Ecuador, Mexico, Peru and Paraguay, who are in an intermediate situation, with higher scores of 65 points in social progress. And countries with large gaps in well-being, as El Salvador, Venezuela, Bolivia, Dominican Republic, Nicaragua, Guatemala or Honduras, have scores of just over 60 social progress.

Read more information here (Article in Spanish).

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Silvia Merida Pellicer
Gogetit Content Manager. Author of important reviews for Gogetit News, “The #1 Source for real estate news in Panama.”
Specialized in the search and analysis of the most important news about real estate in Panama.