Agriculture, Analytics, EU – Baltic States, Markets and Companies

International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 01:34

EU28 real agricultural income per worker has decreased by 1.7% in 2014

BC, Vilnius, 16.12.2014.Print version
Compared with 2013, EU28 real agricultural income per worker has decreased by 1.7% in 2014 according to first estimates issued by Eurostat, the statistical office of the European Union, cites LETA/ELTA.

Between 2005 and 2014, EU28 real agricultural income per worker is estimated to have increased by 34.4%, while agricultural labour input fell by 24.6%. The decrease of real agricultural income per worker in 2014 is the result of a fall in real agricultural income (-4.0%), partly compensated by a reduction in agricultural labour input (-2.3%). The decrease in EU28 real agricultural income is mainly the result of a fall in the value of crop output (-6.0%) and animal output (-0.9%), combined with a decrease in real terms for input costs (-3.6%)

 

Compared with the previous year, real agricultural income per worker in 2014 is estimated to have risen in eight member-states and fallen in twenty. The highest increases are expected in Slovenia (+13.3%), Hungary (+9.1%), the Czech Republic (+7.2%) and the United Kingdom (+6.9%).

 

The largest decreases were in Finland (-22.8%), Lithuania (-19.4%), Belgium (-15.2%), Italy (-11.0%), Estonia (-10.9%) and Denmark (-10.1%). Compared with 2005, real agricultural income per worker in 2014 has risen in 19 member-states, albeit in different proportions, and remained almost stable in 3, while falls were recorded in Luxembourg, Malta, Ireland, Finland, Croatia and Belgium.






Search site