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Theme: Economic Accounts for Agriculture

 




Economic Accounts for Agriculture, at constant prices, 2010-2015

08.06.2017


The calculations are made on the basis of the recommendations given in the Manual on Economic Accounts for
Agriculture and Forestry, Revision 1.1. and Regulation 138/2004 on the economic accounts for agriculture in the
Community.
The purpose of these calculations is more accurate economic analysis, as well as the need to distinguish between the
trends related to the volume changes and those regarding price changes. According to European System of Accounts,
the price component should consist of those changes that refer only to the prices, while all other changes should
be included in the volume component. Thus, all other components (physical characteristics, type of selling, etc.) are
taken as volume and not price changes.
The volume and price indicators used in the calculations for the Economic Accounts for Agriculture at constant prices
also include the quality changes. If the products are homogeneous, changes in volume can be estimated on the basis
of changes in quantity.
The data refer to the period 2010 - 2015, on a previous year basis.






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