BULGARIAN ECONOMY

Economic Accounts for Agriculture for 2019


The value of the final output produced in agriculture for 2019 (preliminary data at current prices) amounted to BGN 8 504.6 million, which was 0.5% more than the previous year. The increase was mainly due to price growth by 1.9%, while in the physical measurement (volumes of production) compared to 2018 a decrease by 1.4% was noticed. 

The value of crop output was equal to BGN 5 639.1 million and represented 66.3% of the total value of agricultural output. Compared to 2018, it was lower by 2.3%, which was a result of a decrease in prices - by 1.6%, and decrease in volumes - by 0.7%. The majority share of crop output (82.7%) in 2019 was from cereals and industrial crops, whose values were calculated at BGN 2 933.3 million and BGN 1 728.1 million, respectively.

The value of the livestock output produced in 2019 amounted to BGN 2 174.4 million, or 25.6% of the final output in agriculture. Compared to 2018, livestock output increased by 9.3% as a result of price increase - by 11.9%, while volumes decreased by 2.6%. An important factor for the increase in basic prices is the increase in subsidies for livestock by 46.6% compared to 2018.

The value of the output of farm animals was BGN 1 273.8 million (58.6% of the output in livestock), while the value of the produced animal products was equal to BGN 900.6 million (41.4%). Compared to 2018, the value of livestock farming increased by 15.5%, which was due to price increase - by 17.7%, while the volumes decrease - by 2.2%. The value of animal products produced increased by 1.5% compared to previous year, which was a result of increase of the prices - by 4.2%, while the volumes decreased by 2.7%, compared to 2018.

Comparing with 2018, the value of agricultural services decreased by 1.9%, while the value of output from secondary non-agricultural activities (inseparable) increased by 3.2%. The increase in output from secondary non-agricultural activities is a result from an increase in prices - by 5.9%, while the volumes registered a decrease - by 2.7%.

 

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