Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
3.7% was the growth rate of economic activity in Latin America and the Caribbean (LAC) in 2022, which is about half of the 6.7% rate recorded in 2021 (IMF, 2023).
With a 60% probability, El Niño is expected to begin to show its effects in mid-2023, after three consecutive years of La Niña (AMIS, 2023).
29.5% represents the relationship between stocks and consumption of cereals in the world for the period 2022-2023 (FAO, 2023).
0.5% of total regional capital in Latin America was invested in the agricultural industry during 2021 and 2022, according to LAVCA.
-0.88, -1.94 and -2.58 percentage points are the estimated cumulative reductions in Bolivia's real GDP per capita growth one, three and five years after El Niño, respectively.
-1.01 percentage points is the estimated reduction in Bolivia's non-industrial agricultural GDP growth associated with El Niño; the effects through cereals and fruit crops are -0.20 and -0.13 percentage points, respectively.
Nearly -1% of GDP is the estimated cumulative loss by the sixth quarter following a strong El Niño episode for the analyzed group comprising Central America, Panama, the Dominican Republic, Colombia, Ecuador and Peru; the effect reverses before two years and small increases are observed in headline and food consumer prices.
-0.60, -1.29 and -1.65 percentage points are the estimated cumulative reductions in Chile's real GDP per capita growth one, three and five years after El Niño, respectively.
-0.97, -2.18 and -2.92 percentage points are the estimated cumulative reductions in Colombia's real GDP per capita growth one, three and five years after El Niño, respectively.
-1.21, -2.74 and -3.73 percentage points are the estimated cumulative reductions in Costa Rica's real GDP per capita growth one, three and five years after El Niño, respectively.
