Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
59.4% informality was recorded in the region in 2010 (OECD, 2024).
83.7%, 79.6%, 74.4%, 68.5% and 67.9% were the highest rates of informality in Bolivia, Guatemala, Peru, Ecuador and Paraguay (OECD, 2024).
27.4% and 22.1% were the rates of informality in Chile and Uruguay in 2022 (OECD, 2024).
Social spending by central governments in Latin America and the Caribbean (LAC) represented 11.5% of GDP in 2022 (OECD, 2024).
73% of measurable SDG indicators in LAC show progress in the intended direction (OECD, 2024).
Spending on social protection in OECD countries represented 19.7% of GDP in 2018 (OECD, 2024).
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).
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).