Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
TFP in Latin America and the Caribbean grew by 1.1% annually between 1950 and 1975 (OECD, 2024).
TFP grew by 2.4% annually in OECD countries during the same period 1950–1975 (OECD, 2024).
TFP in Latin America and the Caribbean fell by 0.08% annually between 1975 and 2023 (OECD, 2024).
TFP in the OECD grew by 0.05% annually between 1975 and 2023 (OECD, 2024).
1950–2023 is the period in which LAC's TFP remained systematically below the OECD average (OECD, 2024).
A quarter of the capital per worker in LAC is equivalent to the level observed in the US (OECD, 2024).
A quarter of GDP growth in 1950–70 came from TFP growth in LAC (OECD, 2024).
2023 marked the beginning of clear declines in inflation in most LAC countries (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).
