Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
A quarter of the capital per worker in LAC is equivalent to the level observed in the US (OECD, 2024).
TFP in the OECD grew by 0.05% annually between 1975 and 2023 (OECD, 2024).
TFP in Latin America and the Caribbean fell by 0.08% annually between 1975 and 2023 (OECD, 2024).
TFP grew by 2.4% annually in OECD countries during the same period 1950–1975 (OECD, 2024).
1/3 of the US TFP is equivalent to the average TFP of LAC (OECD, 2024).
80% of the productivity gap between LAC and the US is explained by differences in TFP (OECD, 2024).
70% of US labor productivity corresponds to the LAC average (OECD, 2024).
40% of OECD productivity was represented by LAC in 1990 (OECD, 2024).
Three key sectors —trade, manufacturing and services— concentrate the productivity lag in LAC (OECD, 2024).
The productivity gap between Latin America and the Caribbean (LAC) and high-income economies has been declining for 33 years (OECD, 2024).
