Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
12.6% of GDP was the average spending on social protection in LAC in 2018 (OECD, 2024).
Social spending in 2022 exceeded the 2019 level by 0.3 percentage points (OECD, 2024).
Social spending by central governments in Latin America and the Caribbean (LAC) represented 11.5% of GDP in 2022 (OECD, 2024).
Formal workers earned 1.7, 1.3 and 1.6 times more in Barbados, Chile, Brazil and Colombia (OECD, 2024).
Formal workers earned 4.4, 2.5 and 2.4 times more than informal workers in El Salvador, Honduras and Peru (OECD, 2024).
Formal workers earned on average twice the hourly wage compared to informal workers in Latin America and the Caribbean (OECD, 2024).
33% of OECD labor productivity corresponds to the average productivity of LAC in 2023 (OECD, 2024).
64.2% of people lived in totally informal households in Nicaragua (OECD, 2024).
70.8% of people lived in totally informal households in Bolivia (OECD, 2024).
TFP in Latin America and the Caribbean grew by 1.1% annually between 1950 and 1975 (OECD, 2024).
