Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
6% of El Salvador's GDP in 2021 corresponds to the import of fossil fuels for energy (IDB, 2024).
2.2% drop in the value of Latin America's goods exports in 2023 due to lower demand from its main trading partners (IDB, 2024).
A 5.9% drop in total imports of Latin America and the Caribbean in 2023, after an expansion of 20.9% in 2022 (IDB, 2024).
1.8% was the estimated increase in the volume of Latin American exports in 2023 (IDB, 2024).
5.3% was the estimated drop in South America's exports in 2023, after a 16.4% growth in 2022, with the exception of Brazil and Paraguay (IDB, 2024).
9-10% of Guatemala's annual GDP comes from agriculture (Ministry of Agriculture, Livestock and Food, 2024).
About 2 percentage points of GDP is the estimated deterioration in Bolivia's primary balance associated with El Niño; the study finds no statistically significant effects on economic growth or inflation.
-0.5, -0.6 and -0.9 percentage points are the estimated reductions in Colombia's economic growth in 2024 under moderate, strong and extreme El Niño scenarios, respectively; the estimated increases in inflation are 1.7, 2.3 and 3.3 percentage points.
-2.2, -3.0 and -4.4 percentage points are the estimated reductions in Ecuador's economic growth in 2024 under moderate, strong and extreme El Niño scenarios, respectively; the recent effect on inflation is not statistically significant.
-1.3, -2.7 and -4.1 percentage points are the estimated reductions in Peru's economic growth in 2024 under moderate, strong and extreme El Niño scenarios; inflation increases by approximately 1, 2 and 3 percentage points, respectively.
