The economic accounts for agriculture show that total agricultural output in the European Union (EU) stood at € 432.6 billion in basic prices in 2017, up by 6.2% compared with 2016. In 2017, the equivalent of 56% (or €244.1 bn) of the value of agricultural output generated was spent on intermediate consumption (input goods and services), while gross value added (i. e. the value of output minus the value of intermediate consumption) was the equivalent of 44% (or €188.5 bn). The combination of the sharp increase in the value of agricultural output and a limited increase in intermediate consumption (+1.8%) resulted in a steep rise in the gross value added (+12.4%) generated by the EU agricultural industry in 2017 compared with 2016.
With €72.6 bn (or 17% of the EU total) in 2017, France had the highest total agricultural output among Member States. It was followed by Germany (€56.2 bn, or 13%), Italy (€55.1 bn, or 13%), Spain (€50.6 bn, or 12%), the United Kingdom (€31.8 bn, or 7%), the Netherlands (€28.9 bn, or 7%), Poland (€24.9 bn, or 6%) and Romania (€17.5 bn, or 4%).
This information comes from final data issued by Eurostat, the statistical office of the European Union.
Highest rise of agricultural output in Estonia
In almost all EU Member States, the value of agricultural output increased in 2017. The highest increase, in relative terms, was recorded in Estonia (+18.2%), ahead of Ireland (+13.6%), Romania (+13.2%), the United Kingdom (+12.6%) and Poland (+11.1%). In contrast, the value of agricultural output decreased in Slovenia (-4.7%) and Malta (-3.1%), and remained stable in Croatia and Slovakia. Among the Member States with the largest agricultural industry, the value of total agricultural output increased by 8.6% in Germany, 4.5% in Spain, 3.2% in France and 2.2% in Italy.
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