Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
80% of the productivity gap between LAC and the US is explained by differences in TFP (OECD, 2024).
33% of OECD labor productivity corresponds to the average productivity of LAC in 2023 (OECD, 2024).
40% of OECD productivity was represented by LAC in 1990 (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 the OECD grew by 0.05% annually between 1975 and 2023 (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).
23%, 10% and 11% of employment are concentrated in trade, manufacturing and other services in LAC (OECD, 2024).
TFP grew by 2.4% annually in OECD countries during the same period 1950–1975 (OECD, 2024).
