In 2024, the index of agricultural labour productivity in the EU is estimated to have risen year-on-year by 1.6%. This information is based on the first estimates for 2024 from the economic accounts for agriculture.
The increase was supported by a 0.6% rise in the real value of factor income generated by units engaged in agricultural production activities and a reduction (-0.9%) in the volume of agricultural labour.
This information comes from data on agriculture published by Eurostat today.
Agricultural labour productivity increased in 13 EU countries in 2024. The sharpest rate of increase was in Latvia (+46.9%), followed by Luxembourg (+27.1%) and Sweden (+22.5%).
By contrast, there were lower levels in 14 EU countries. The steepest rates of decline were registered in Romania (-16.8%), Hungary (-15.5%) and Poland (-12.5%).
Source dataset: aact_eaa06
The gross value added of the EU’s agricultural industry went up by 4.4% in 2024 compared with the previous year, after a steady performance (0.4%) in 2023 compared with 2022. This increase stems from the value of the intermediate consumption decreasing at a higher pace (-5.7%) than the value of agricultural output (-1.5%).
The index of EU real factor income in 2024 was 11.0% higher than in 2015 while the index of agricultural labour input declined by 19.1% over the same period. Together, these changes resulted in EU agricultural labour productivity being 37.2% higher in 2024 compared with 2015.
Source datasets: aact_eaa05, aact_eaa06 and aact_ali02
Source: Eurostat, https://ec.europa.eu/eurostat/product?code=ddn-20241216-1
