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Agricultural income should increase 11.1% in 2021
Economic accounts for agriculture
1st Estimate
Agricultural income should increase 11.1% in 2021 - 2021
13 December 2021

Summary

According to the first estimate on Economic Accounts for Agriculture (EAA) for 2021, the income from agricultural activity, in real terms, per annual work unit (AWU), should grow 11.1%, as a result of the expected increases for Gross Value Added (GVA) (+9.0%) and for Other subsidies on production (+9.7%), after almost a stagnation in 2020 (-0.1%).

Exports of agricultural products, between January and October 2021, registered an increase of 7.6% compared to the same period of the previous year, lower than that of total exports of goods, which grew by 17.9%. On the other hand, in the same period, imports of agricultural products registered an increase of 9.8%, lower than that of total imports of goods (+18.1%).


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