Bulgaria

Bulgaria tops EU’s agro-efficiency index

Reading Time: < 1 minute

Bulgaria had a 32.9% increase in agricultural labour productivity (ALP) in 2021, the highest rise registered in Europe, according to new agriculture data published by Eurostat. ALP is the net-value added by agricultural goods and services by the equivalent of a full-time worker, presented in real terms adjusted for inflation.

Elsewhere in the region, the ALP of Hungary was up 6.5%, of Lithuania by 2.7%, Latvia 1.3%, Austria 1.1% and Czechia by 0.4%. Conversely, Slovenia saw its ALP drop 19.5% this year, Romania by 7.8%, Poland by 4.5% and Croatia by 1.3%. Estonia’s agricultural labour productivity stayed flat this year, on an annual basis, the EU statistics agency found.

Source: Eurostat

In the EU as a whole, agricultural labour productivity was up 1% this year, after a dip in 2020. The rise in 2021 largely reflected developments in production values, higher prices for inputs and a stable volume of agricultural labour, Eurostat explains. From 2010-21 across the EU, real factor income rose 8% as agricultural labour declined 18%. As a result, EU agricultural labour productivity grew 32% in this period.

Dan Nolan

Recent Posts

Teltonika drops EUR 3.5bn ‘dream’ project in Vilnius

Teltonika has announced it is halting the construction of its EUR 3.5bn High-Tech Hill park…

3 days ago

Hungary’s energy strategy has left it vulnerable to electricity price speculators – report

Hungary’s electricity market has become a focal point for speculative trading, driven by a combination…

3 days ago

CEE secures EUR 1.4bn in AI funding in 2023-24

Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups…

3 days ago

EU assesses candidates’ progress in ten country reports

The European Commission (EC) analyses the accession prospects of all ten prospective members of the…

3 days ago

CEE mulls ramifications of Trump’s victory on trade, defence, environment

As Donald Trump officially declared his victory in the US election, he received congratulations from…

1 week ago

‘Budapest Declaration’ signed as Orban hosts EU summit

European leaders committed to developing a defence industry base and enhancing EU competitiveness at an…

2 weeks ago