Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
50% of the world's soybean production comes from Brazil and Argentina combined, reflecting their comparative advantage in this sector (OECD and FAO, 2024).
5.7% is the expected share of agriculture in the total GDP of Latin America and the Caribbean by 2033 (OECD and FAO, 2024).
13% of the net value of global agricultural and fishery production came from Latin America and the Caribbean between 2021 and 2023, with an even higher share of 18% in total exports (OECD and FAO, 2024).
15% of global livestock production comes from Latin America and the Caribbean (OECD and FAO, 2024).
54% of global soybean production is expected to come from Latin America and the Caribbean by 2032, increasing its current share of just over half (OECD and FAO, 2023).
70% of production growth in Latin America and the Caribbean will come from the agricultural sector (+17%), while the livestock sector will grow by 11% and fishery production will decrease by 10% (OECD and FAO, 2023).
12% is the projected increase in agricultural and fishery production in Latin America and the Caribbean by 2032, growing at a much slower pace than in the past (OECD and FAO, 2023).
16% of total household expenditure in Latin America and the Caribbean is spent on food (OECD and FAO, 2023).
1.6% per year is the expected increase in GDP per capita in Latin America and the Caribbean, which will reach USD 10,500 by 2032 (OECD and FAO, 2023).
5% of world dairy exports are expected to be accounted for by Argentina by 2032, making it a major exporter (OECD and FAO, 2023).
