I remember reading an article published about 1992 that asked if there was a Reformation going on in Latin America. It pointed out the rise of Protestant Churchs and the LDS Church in the region.
My takeaway from the situation, after thinking on and off about it for 20+ years is that the idea that Latin America has experienced a significant reformation just does not work.
What has happened is very widespread and significant conversions away from Catholicism. Probably most heavily to Pentecostal Denominations. However there is a whole range of groups that have grown in the wake of Catholic decline.
This is not the same thing as a reformation. A Reformation would be people within Catholicism presenting a new religious view that caused break away from the Catholic Church. For this to count as a reformation, we would need to see the success rates found in places in Europe where the majority of the population had embraced the Reformation.
The first member of the Church in Brazil, at least as far as hisorians can tell, arrived in 1913. However there is no indication of informal LDS meetings until 1923, and an actual branch was not organized until 1930. Today there are 1.3 million Church members in Brazil, second only to the US. However Church members in Brazil are a lower percentage of the population than in much of Latin America.
The Brazilian Apostolic Catholic Church, a break off from the Catholic Church that does things like the people electing bishops and allowing married priests, counted 560,000 members as of 2010. While a sizeable religious body, it is not a significant portion of the population in a country of 184 million people. Even the LDS Church is well below the 1% mark.
However the whole structure of Catholicism not in open communion with Rome is on the messy side.
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