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Entrepreneurial income from agriculture falls in 2023

Release related to topics:National economyAgriculture, forestry and fishery
release | Economic accounts for agriculture (EAA) 31.12.2023

According to the Economic Accounts for Agriculture produced by Statistics Finland, as a result of the poor crop in 2023 and the abolition of the crisis support paid in 2022, entrepreneurial
income from agriculture is estimated to decline by as much as 16 per cent from the previous year. Despite the difficulties in plant production, livestock production fared reasonably well.

Key selections

  • In 2023, the value of plant production decreased by 21 per cent, while the value of livestock production rose by five per cent.
  • GDP in agriculture was nearly 27 per cent negative, although the current priced value remained almost unchanged.
  • As a result of the decrease in agricultural subsidies, entrepreneurial income is estimated to diminish by nearly 16 per cent.

Tables

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2023 Economic Account for Agriculuture

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Updated database tables
12d7
Classifications used:
  • Economic Account for Agriculuture
Reference period cycle:
year
Updating frequency:
three times a year
Statistics:
Updated:
12da
Classifications used:
  • Economic Account for Agriculuture
Reference period cycle:
year
Updating frequency:
three times a year
Statistics:
Updated:

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Referencing instructions

Economic accounts for agriculture (EAA) [online publication].
Reference period: 31.12.2023. ISSN=2670-1006. Helsinki: Statistics Finland [Referenced: 17.12.2024].
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