Centre on Well-being, Inclusion, Sustainability and Equal Opportunity (WISE)
How’s Life in Latin America?
Measuring Well-being for Policy Making
Many Latin American countries have experienced improvements in income over recent
decades, with several of them now classified as high-income or upper middle-income
in terms of conventional metrics. But has this change been mirrored in improvements
across the different areas of people’s lives? How’s Life in Latin America? Measuring
Well-being for Policy Making addresses this question by presenting comparative evidence
for Latin America and the Caribbean (LAC) with a focus on 11 LAC countries (Argentina,
Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Paraguay,
Peru and Uruguay). Spanning material conditions, quality of life, resources for future
well-being, and inequalities, the report presents available evidence on well-being
both before and since the onset of the pandemic, based on the OECD Well-being Framework.
It also identifies priorities for addressing well-being gaps and describes how well-being
frameworks are used in policy within Latin America and elsewhere around the world,
providing lessons for governments on what is needed to put people’s well-being at
the centre of their action. The report is part of the EU Regional Facility for Development
in Transition for Latin America and the Caribbean.