Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
The GDP of Latin America and the Caribbean grew by 2.1% annually between 1980 and 2023 (OECD, 2024).
The real GDP of Latin America and the Caribbean grew by 5.3% annually between 1950 and 1970 (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).
TFP in the OECD grew by 0.05% annually between 1975 and 2023 (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).
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).
