Increase of Agricultural Income

Business › Economy ♦ Published: December 20, 2011; 16:28 ♦ (Vindobona)

First estimates of the Economic Accounts for Agriculture (EAA) compiled by Statistics Austria show an average increase of the income related to agricultural activities.

Increase of Agricultural Income / Picture: © Vindobona.org

Statistics Austria sees a rise in agricultural income (measured, in real terms, as the net value added at factor cost per annual work unit) by +12.2% in 2011, following an increase of 14.9% in 2010. This development is based on significant volatilities over the last years. After a strong rise in 2006 and 2007, agricultural income fell massively in 2009. Income in 2011 is below the…

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