Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
The productivity gap between Latin America and the Caribbean (LAC) and high-income economies has been declining for 33 years (OECD, 2024).
1 in 10 people in LAC lived in extreme poverty in 2024 (OECD, 2024).
33% of OECD productivity reached LAC in 2023 (OECD, 2024).
42.5% of households in LAC were totally dependent on informal employment (OECD, 2024).
22.4% of households combined formal and informal income (OECD, 2024).
40% of OECD productivity was represented by LAC in 1990 (OECD, 2024).
70% of US labor productivity corresponds to the LAC average (OECD, 2024).
25.1% of the population lived in households dependent exclusively on formal employment (OECD, 2024).
80% of the productivity gap between LAC and the US is explained by differences in TFP (OECD, 2024).
64.9% of the population of LAC lived in households with at least one informal income before 2022 (OECD, 2024).