Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
LAC reached an average inflation rate of 10% by mid-2022 (OECD, 2024).
23%, 10% and 11% of employment are concentrated in trade, manufacturing and other services in LAC (OECD, 2024).
55% of OECD productivity is achieved by agriculture in LAC (OECD, 2024).
TFP in the OECD grew by 0.05% annually between 1975 and 2023 (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).
The real GDP of Latin America and the Caribbean grew by 5.3% annually between 1950 and 1970 (OECD, 2024).
TFP in Latin America and the Caribbean fell by 0.08% annually between 1975 and 2023 (OECD, 2024).
TFP grew by 2.4% annually in OECD countries during the same period 1950–1975 (OECD, 2024).
