After implementing Phase 1 of the High-Frequency Phone Survey (HFPS) project in Latin America and The Caribbean (LAC) in 2020, the World Bank conducted Phase 2 in 2021 to continue to assess the socio-economic impacts of the COVID-19 pandemic on households. This new phase, conducted in partnership with the UNDP LAC Chief Economist office, included two waves. Wave 1 covered 24 countries and Wave 2 covered 22 countries. Of these countries, 13 participated in Phase 1 and the rest joined in Phase 2. This document describes the sampling design, weighting and the right procedure to estimate indicators for the LAC HFPS Phase 2 surveys