Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
From 1.7% to 2.9% global economic growth in 2023, below the historical average of the last two decades (World Bank, 2023).
3.5% was the global GDP growth in 2022, 1.2 percentage points lower than forecasted before the Russian invasion of Ukraine (IMF, 2023)
1.2% is the anticipated growth rate for Latin America and the Caribbean in 2023, signaling a deepening economic slowdown in the region (CEPAL)
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).
-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.
