Official Statistics of Finland

Economic Accounts for Agriculture (EAA)

Producer: Statistics Finland
Data:

Latest release:
Value added in agriculture this year on level with the previous year
11 Dec 2020
The current priced value of cereals and forage plants plummeted in 2020 by nearly 30 per cent compared with 2019. The volume of cereal production 1) decreased less sharply than the current value, by 13 per cent. In other respects, the decrease in the current priced value was due to the drop in cereal prices. By contrast, volumes and prices remained almost on level with the previous year in other product groups of agriculture. Although the output of agriculture calculated at current prices contracted by around EUR 300 million, according to the current estimate, the value of intermediate products will also decrease to such an extent that the current priced value of gross value added in agriculture and the volume will remain almost on level with 2019. The data derive from the Economic Accounts for Agriculture that are now published.

Description: Economic Accounts for Agriculture (EAA) are published for the first time in Finland for the statistical reference year 2019. Economic Accounts for Agriculture are produced in connection with National Accounts and they can be considered one satellite account of the national accounts. Satellite accounts refer to a description of the national accounts that is compiled in more detail or in a different manner than the general system of National Accounts. Finland has delivered economic accounts for agriculture data to Eurostat ever since Finland joined the EU. Compilation of Economic Accounts for Agriculture is based on Regulation (EC) No 134/2004 of the European Parliament and of the Council. There is a uniform methodological description and manual (Manual on the Economic Accounts for Agriculture and Forestry) for the compilation of EU’s Economic Accounts for Agriculture. The source data used in Finland for Economic Accounts for Agriculture are primarily the data of statistics belonging to the system of Official Statistics of Finland, OSF.
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Keywords: agriculture, agricultural products, agricultural production, gross value added in agriculture, intermediate consumption in agriculture, entrepreneurial income from agriculture.
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Referencing instructions:

Official Statistics of Finland (OSF): Economic Accounts for Agriculture (EAA) [e-publication].
ISSN=2670-1006. Helsinki: Statistics Finland [referred: 15.4.2021].
Access method: http://www.stat.fi/til/eaa/index_en.html