Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
Three key sectors —trade, manufacturing and services— concentrate the productivity lag in LAC (OECD, 2024).
33% of OECD productivity reached LAC in 2023 (OECD, 2024).
TFP grew by 2.4% annually in OECD countries during the same period 1950–1975 (OECD, 2024).
40% of OECD productivity was represented by LAC in 1990 (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).
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).
TFP in Latin America and the Caribbean grew by 1.1% annually between 1950 and 1975 (OECD, 2024).
1/3 of the US TFP is equivalent to the average TFP of LAC (OECD, 2024).
