RIO DE JANEIRO, BRAZIL - Brazilian agricultural production grew by 2.3% annually between 2010 and 2019, almost twice as fast as the global average (1.4%), a report by the Organization for Economic Cooperation and Development (OECD) confirms.
Between 1999 and 2000, production in Brazil had grown by 3.2% per year, while the global average was 1.7%.
According to the OECD, progress in the country was driven by growth in total factor productivity (TFP). The increase in intermediate inputs was offset by the decrease in the use of primary factors in production.
The organization said that the greater . . .
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