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Classification of Latin American and Caribbean Countries Based on Multidimensional Development Indicators: A Multivariate Empirical Analysis

Author

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  • Adel Mendoza-Mendoza

    (Industrial Engineering Program, Faculty of Engineering, Universidad del Atlántico, Barranquilla 080001, Colombia)

  • Delimiro Visbal-Cadavid

    (Industrial Engineering Program, Faculty of Engineering, Universidad del Magdalena, Santa Marta 470004, Colombia)

  • Enrique De La Hoz-Domínguez

    (Statistical and Quantitative Methods Research Group (GEMC), Universidad del Magdalena, Santa Marta 470004, Colombia)

Abstract

This study develops a multidimensional classification of Latin American and Caribbean countries based on a multidimensional set of economic, social, technological, and environmental indicators. This study develops a multidimensional assessment of the performance of Latin American and Caribbean countries, taking into account the following indicators for the period 2017–2022: education expenditure (% of GDP), health expenditure (% of GDP), GDP per capita (constant USD), CO 2 emissions per capita (metric tons), energy consumption per capita (kWh), internet users (% of population), mobile phone subscriptions (per 100 inhabitants), and the Global Innovation Index (GII). Initially, through the application of principal component analysis (PCA), the objective was to reduce the complexity of the data set and reveal the main structural dimensions. Subsequently, cluster analysis was used to classify countries according to shared development patterns. To achieve this, the average of the indicators for the 2017–2022 period was used as a basis, which enabled the reduction in short-term distortions and the capture of structural trends. The results reveal the existence of distinct groups, with countries with higher levels of digital connectivity, investment in human capital, and economic dynamism experiencing more favorable development conditions.

Suggested Citation

  • Adel Mendoza-Mendoza & Delimiro Visbal-Cadavid & Enrique De La Hoz-Domínguez, 2025. "Classification of Latin American and Caribbean Countries Based on Multidimensional Development Indicators: A Multivariate Empirical Analysis," Economies, MDPI, vol. 13(6), pages 1-21, June.
  • Handle: RePEc:gam:jecomi:v:13:y:2025:i:6:p:178-:d:1680922
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    References listed on IDEAS

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    1. Korir, Evans Kiptoo, 2024. "Comparative clustering and visualization of socioeconomic and health indicators: A case of Kenya," Socio-Economic Planning Sciences, Elsevier, vol. 95(C).
    2. Pablo González & Kirsten Sehnbruch & Mauricio Apablaza & Rocío Méndez Pineda & Veronica Arriagada, 2021. "A Multidimensional Approach to Measuring Quality of Employment (QoE) Deprivation in Six Central American Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 158(1), pages 107-141, November.
    3. Ana Lorena Jiménez-Preciado & Salvador Cruz-Aké & Francisco Venegas-Martínez, 2024. "Identification of Patterns in CO 2 Emissions among 208 Countries: K-Means Clustering Combined with PCA and Non-Linear t -SNE Visualization," Mathematics, MDPI, vol. 12(16), pages 1-18, August.
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