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EU: Real agricultural income per worker down

Real agricultural income per worker down by 4.3 % in the EU.

17 December 2015
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According to first estimates, real agricultural income in the European Union (EU) has fallen by 6.0 % in 2015 compared with 2014 , while agricultural labour input has dropped by 1.8 %. As a result, real agricultural income per worker in the EU has decreased by 4.3 % in 2015. Across the EU Member States, real agricultural income per worker in 2015 is expected to have risen in thirteen Member States and fallen in fifteen compared with previous year, albeit in different proportions.

Compared with the previous year, the highest increases of the real agricultural income per worker are expected in Croatia (+21.5%), Latvia (+14.3%), Greece (+12.1%), France (+8.8%) and Italy (+8.7%), and the largest decreases in Germany (-37.6%), Poland (-23.8%), Luxembourg (-20.0%), Denmark (-19.7%), the United Kingdom (-19.3%) and Romania (-19.2%). Between 2010 and 2015, EU real agricultural income per worker is estimated to have decreased by 5.7%. Over this period, real agricultural income per worker has risen in ten Member States, notably in Italy, the Czech Republic, Bulgaria and Ireland, while falls were recorded in eighteen Member States, with the largest being registered in Finland, Germany, Romania, Poland, Malta and Luxembourg.

Compared with 2014, the value of EU agricultural out put in 2015 is estimated to have decreased by 2.5% in nominal terms, mainly due to a marked fall in the value of animal production (-5.9%) and as light de crease in the value of crop output (-0.3%), combined with a decrease for input costs (-2.4%). The fall in the value of animal production is mainly due to declines in the value of milk (-14.9%) and pigs (-8.9%), only partly compensated by increases for cattle (+4.3%), sheep and goats (+3.2%), eggs (+2.1%) and poultry (+1.1%).

 

 

Tuesday December 15, 2015/ Eurostat/ European Union.
http://ec.europa.eu

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