Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
12.6% of GDP was the average spending on social protection in LAC in 2018 (OECD, 2024).
Social spending in 2022 exceeded the 2019 level by 0.3 percentage points (OECD, 2024).
Social spending by central governments in Latin America and the Caribbean (LAC) represented 11.5% of GDP in 2022 (OECD, 2024).
USD 24.8 billion entered LAC in short-term capital during the first half of 2024 (OECD, 2024).
USD 42.9 billion entered LAC as short-term capital in 2023 (OECD, 2024).
Two economies —Brazil and Mexico— face tensions in inflation expectations (OECD, 2024).
Four countries —Brazil, Colombia, Mexico and Peru— tightened their monetary policy earlier than advanced economies (OECD, 2024).
Five economies —Brazil, Chile, Peru, Mexico and Colombia— showed differentiated dynamics in inflation normalization (OECD, 2024).
2023 marked the beginning of clear declines in inflation in most LAC countries (OECD, 2024).
LAC reached an average inflation rate of 10% by mid-2022 (OECD, 2024).
