Economic accounts for agriculture
Agricultural income is expected to increase 5.8% in 2016 - 2016
13 December 2016


According to the first estimate on Economic Accounts for Agriculture (EAA) for 2016, the income from Agricultural activity in Portugal, per annual working unit, is expected to increase 5.8% in real terms. In the previous year, agricultural income increased 2.9%. The evolution of this indicator is mainly associated with the nominal increase foreseen for Other subsidies on production (38.1%) that more than compensates the nominal decrease of Gross Value Added (GVA) (-7.7%). Comparing to 2015, the agricultural output should present a nominal decrease (-3.3%) as a consequence of a decrease in volume (-4.5%), mitigated by the increase in basic prices (+1.2%).


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