23 Dec 2014
AGRICULTURAL INCOME IN THE EU FOR 2014Brussels Daily
This brief presents the main results of the first estimates for agricultural income in the EU for the year 2014. Estimates have been compiled by national authorities in the EU Member States, in accordance with the common methodology of the Economic Accounts for Agriculture. Eurostat has calculated aggregate figures.
1. EU-28 agricultural income down by 1.7%
According to these preliminary results, agricultural income per worker in real terms decreased on average by 1.7% in 2014 in the European Union as a whole in comparison to the previous year. Despite this development, agricultural income in 2014 was still about 33% higher than in the crisis year 2009. The reduction in average income is stronger in the EU-15 (-2.4%) than in the countries that joined the EU in or after 2004 (EU-N12: -0.4%)1. READ Brief in full