Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
High domestic interest rates avoided financial risks associated with high international rates (OECD, 2024).
40% of OECD productivity was represented by LAC in 1990 (OECD, 2024).
26.8% of the population of LAC was in poverty in 2024 (OECD, 2024).
1 in 10 people in LAC lived in extreme poverty in 2024 (OECD, 2024).
The productivity gap between Latin America and the Caribbean (LAC) and high-income economies has been declining for 33 years (OECD, 2024).
Three key sectors —trade, manufacturing and services— concentrate the productivity lag in LAC (OECD, 2024).
TFP in Latin America and the Caribbean fell by 0.08% annually between 1975 and 2023 (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).
1950–2023 is the period in which LAC's TFP remained systematically below the OECD average (OECD, 2024).
