Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
The real GDP of Latin America and the Caribbean grew by 5.3% annually between 1950 and 1970 (OECD, 2024).
A quarter of GDP growth in 1950–70 came from TFP growth in LAC (OECD, 2024).
A quarter of the capital per worker in LAC is equivalent to the level observed in the US (OECD, 2024).
1950–2023 is the period in which LAC's TFP remained systematically below the OECD average (OECD, 2024).
TFP in Latin America and the Caribbean fell by 0.08% annually between 1975 and 2023 (OECD, 2024).
TFP in Latin America and the Caribbean grew by 1.1% annually between 1950 and 1975 (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).
33% of OECD productivity reached LAC in 2023 (OECD, 2024).
