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European Commission - EUROSTAT

Economic accounts for agriculture - Total agricultural output in the EU down by 2.8% in 2016 compared with 2015 - Decrease due to falls in both animal and crop output

Brussels, 22 November 2017

The economic accounts for agriculture show that total agricultural output in the European Union (EU) stood at €405.0 billion at basic prices in 2016, down by 2.8% compared with 2015. In 2016, the equivalent of 59% 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 41% (or €165.7 bn).

Full text available on EUROSTAT website

STAT/17/4821


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