Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
16% is the proportion of jobs offered by the agricultural sector in Panama (IDB, 2024).
0.54% was the annual growth of Total Factor Productivity (TFP) and represented only 25% of Argentina's production growth (GAP, 2023).
1.49% was the annual productivity growth rate between 1961 and 2020 (GAP, 2023).
US$7.5 billion to over US$45 billion was the increase in the value of the country's agricultural production between 1960 and 2020 (GAP, 2023).
USD +53 billion in 2022 is valued agricultural exports in Argentina in agricultural crops and animal production (GAP, 2023).
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).
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).
USD 8.70 billion was the estimated size of the agricultural machinery market in Latin America in 2023, with a projected growth to USD 11.70 billion in 2028 (Mordor Intelligence, 2023).
35 % of the cultivated area in Latin America and the Caribbean is devoted to soybeans, followed by corn (22.7 %), sugar (7.5 %), wheat (6.2 %), beans (3.6 %), coffee (3 %), rice (2.6 %), other soybeans (2.1 %) and other crops (17 %) (FAO, 2023).
5% of GDP and 18% of employment in Latin America and the Caribbean come from agriculture (CEPALSTAT, 2023).
