Economic accounts for agriculture, 2021

Income in agriculture substantially lower

Gross value added in agriculture in 2021 decreased to 0.8% of gross domestic product, meaning that it was 0.4 of a percentage point lower than a year before. The year was marked by significantly lower production, higher output prices and substantially higher input prices.

  • 30 September 2022 at 10:30
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Factor income per employee in agriculture more than a third lower

In 2021, the values of all income categories in Slovenia decreased substantially in comparison with the previous year. Gross value added decreased by 28% to EUR 424 million; its share in gross domestic product was 0.8% or 0.4 of a percentage point lower than in 2020. We have never had such a low share of agriculture in GDP.

In 2021, factor income amounted to EUR 425 million; the value decreased by 27% compared with the previous year. Factor income per employee decreased by 36% to EUR 5,777. The main reasons for income decrease per employee were substantially lower harvest (by 13%) and significantly higher costs. (by 15%).

The amount of subsidies higher due to financial compensation due to the impact of the increase in the prices of energy products and mineral fertilizers

Subsidies amounted to EUR 291 million in 2021; at the annual level, the value increased by 7%. Due to financial compensation due to the impact of the increase in the prices of energy products and mineral fertilizers, the subsidies were higher by EUR 32 million. Subsidies influenced the factor income and had no direct influence on value added. The share of subsidies in factor income rose to 68%, which is 22 percentage points more than in 2020.

Income indicators substantially lower due to worse harvest and significantly higher costs

In 2021, the value of the agricultural production was EUR 1,319 million, which is a 4% decrease compared with the previous year, even though the prices increased by 11%. The main reason for that was the 13% volume decrease, mostly due to the lower crop production.

Crop production value down due to the substantial volume decrease and despite the significant price increase

The value of crop production in 2021 was estimated at EUR 722 million; this is 55% of the total value of agricultural output in that year, or 3 percentage points less than in the previous year. The prices of crops were higher than in the previous year (by 20%), but the value of crop production was still lower (by 9%) due to the volume decrease (by 24%). The main reason for the lower crop production value was volume decrease in all areas of crop production (due to the comparison with the beter harvest of 2020).

Compared to 2020, the value decreased in all areas of crop production, except cereals and fodder plants. The value of cereals was higher by more than a third (by 36%), not because of quantities, which were almost a tenth lower than in 2020 (by 7%), but because of higher prices by almost half (by 46%). The value of forage plants was higher by almost a tenth, and the output was lower by more than a tenth (by 12%).

In terms of quantity, fruit harvest was the worst ever, mainly due to the decreased fruit production in extensive orchards. The value of production was lower by more than 40%, as much as the price increase. The value of wine also decreased by almost a third, where the output was lower by more than a third (by 36%), and the price was higher by 5%. The value of industrial plants was lower by almost a fifth (18%) due to lower production.

The potato volume decreased by almost a third (by 28%). Despite the price increase by more than a fifth (by 23%), its value decreased by more than a tenth (by 11%) compared to 2020. A tenth lower value was recorded in the production of vegetables, due to a 14% volume decrease, despite a 6% price increase. There was a big drop in olive oil production, where the volume amounted to less than a third of the 2020 production (30%), which is the reason for more than two-thirds lower value of production (by 69%), despite a 5% price increase.

Higher animal production value

Animal output for 2021 was estimated at EUR 564 million. The share of animal output in agricultural output was 43% or 3 percentage points more than in 2020. The value of animal output increased by 3% due to the price increase by 2%, while the volume remained almost at the previous year’s level (up by 1%). The output value increased in both animals and animal products, but the reasons for the higher output value were different.

Higher animal output value – especially the value of cattle and sheep and goats output

Animal output value amounted to EUR 321 million, 24% of agricultural output value or 2 percentage points more than in 2020. Animal output increased by 3% due to the 2% volume increase and the price increase by 1%. Production was higher in all kinds of livestock, except poultry, and prices were lower in pigs and poultry output.

The highest production value decrease (by 9%) occurred by poultry production due to the price decrease by 8% and the volume decrease by 1%. The pig output value was slightly lower (by 1%), while the volume went up by 8% and prices fell by the same amount.

The cattle output value increased by 13% mainly due to the price increase by a tenth and the volume increase by 3%. The sheep and goats output value increase by a tenth was partly the result of the volume increase by 5% and partly of the price increase by 6%.

The value of animal products higher mainly due to higher milk prices

The value of animal products amounted to EUR 243 million. In comparison with 2020, it went up by 3%. The main reason for the higher value of animal products was the price increase (by 4%). The share of the animal products was 18% of agricultural output, which is an increase by 1 percentage point over the previous year.

The main reason for the animal products increase was the milk value increase by 5% due to the price increase by 4% and the volume increase by 2%. The value of eggs production increased by 7% due to the volume increase by 7%, while the prices remained at pre previous year level. The value of other animal products decreased by more than a third (by 35%), mainly due to the volume decrease by almost a half (by 45%), while prices increased by almost a fifth (by 18%). The total value of this group was significantly affected by the poor honey harvest, which amounted to barely 15% of the 2020 harvest.

Agricultural services output amounted to EUR 33 million or 3% of agricultural output.

Two thirds of the agricultural production value related to animal output

The share of animal production in the wider sense, which includes animals, animal products and crop production produced and consumed on agricultural holding for feedingstuff (forage plants, cereals, potato that are produced and consumed on the same farm holding), amounted to 67% of agricultural output in 2021 or 8 percentage points more than a year earlier.

More agricultural products sold

Agricultural production is used for various consumption purposes. The largest (60%) share of agricultural production in 2021 was sold, which is a 5 percentage points increase compared with the previous year. In own agricultural households 16% of the value of agricultural production was consumed for the food of household members, which is a 7 percentage points decrease. The share for feedingstuff produced and consumed on the agricultural holding was 24% of agricultural output value or 5 percentage points more than in 2020. The share of own produced capital goods was 4% or 1 percentage point more than in the previous year. Stocks decreased to 4% of the agricultural output value.

Higher costs as a result of higher prices of inputs

The value of intermediate consumption (EUR 895 million) increased in comparison with the previous year by 15% due to the price increase. All costs increased, but the main reason is the high growth in prices, which was underestimated in the second estimate of the real income from agriculture.

The costs of fertilizers increased the most, by almost a quarter (23%): the consumption of fertilizers decreased (by 6%), but prices were almost a third higher than in 2020 (by 30%), The costs of feedingstuff increased by 19% due to the price increase of both domestically produced and consumed feed as well as purchased feed. Energy costs also increased by 17% with almost unchanged consumption. Costs for seeds and planting stock were higher due to higher consumption (by 4%) and higher prices (by 2%). Building maintenance costs were higher by 8%, other costs and services by 6% and equipment maintenance by 5%. Expenditure on veterinary services increased by 3%.

Higher value of gross fixed capital formation (GFCF)

In 2021, GFCF in Slovenia amounted to EUR 316 million or 34% more than in the previous year. The GFCF in plantations and animals amounted to EUR 31 million and increased by 3% over the previous year. The GFCF in non-agricultural products increased by 38% and amounted to EUR 285 million.

Employment remained at the 2020 level – decrease in paid employment

In 2021, 73,607 employees were involved in the agricultural production, almost 1% fewer than in the previous year. Most of them were self-employed: 69,217 or about the same number as in 2020. Besides the self-employed, 4,390 paid employees were also involved in the agricultural production or 5% fewer than a year earlier.

Tables with the latest data are available in the SiStat Database.

Agricultural output, gross value added and employment, Slovenia
Agricultural output, gross value added and employment, Slovenia
Main agregates of the economic accounts of agriculture, Slovenia
20172018201920202021
current prices (mio. EUR)
Agricultural output1,1531,3701,3251,3701,319
Intermediate consumption723750765781896
Gross value added 1)430620560589424
Fixed capital consumption262267270275282
Net value added at basic prices 2)168352290314142
Compensation of employees9194957878
Other taxes on production 66537
Other subsidies on production 260247252272291
Factor income 3)422594536582425
Operating surplus/Mixed income 4)331499441504347
Rents paid1919202119
Interest paid43433
Interest received11011
Entrepreneurial income 5)309478417481325
Gross fixed capital formation 254298301236316
GFCF in agricultural products3225273031
GFCF in non-agricultural products222273274207285
Employment (1.000 AWU) 6)7978767474
1) Gross value added = agricultural output - intermediate consumption
2) Net value added = gross value added - fixed capital consumption
3) Factor income = net value added - other taxes on production + other subsidies on production
4) Operationg surplus/Mixed income = factor income - compensation of employees
5) Entrepreneurial income = operating surplus/mixed income - rents paid - interest paid + interest received
6) AWU = annual work unit
Main agregates of the economic accounts of agriculture, Slovenia
20172018201920202021
constant prices of the previous year (mio. EUR)
Agricultural output1,0921,4821,2631,3911,188
Intermediate consumption720720754793782
Gross value added 1)371762509598407
Fixed capital consumption257259263270269
Net value added at basic prices 2)114504247328138
Compensation of employees9092937776
Other taxes on production 66537
Other subsidies on production 256242246268283
Factor income 3)365740488593414
Operating surplus/Mixed income 4)275648395516337
Rents paid1919202119
Interest paid43433
Interest received11011
Entrepreneurial income 5)253627372493316
Gross fixed capital formation 249288293233302
GFCF in agricultural products3124273030
GFCF in non-agricultural products218264265202271
Main agregates of the economic accounts of agriculture, Slovenia
2018201920202021
annual volume changes (%)
Agricultural output29-85-13
Intermediate consumption0040
Gross value added 77-187-31
Fixed capital consumption-1-20-2
Net value added at basic prices199-3013-56
Compensation of employees1-1-20-2
Other taxes on production 3-20-34115
Other subsidies on production -7-164
Factor income75-1811-29
Operating surplus/Mixed income 95-2117-33
Rents paid-114-11
Interest paid-2740-31-3
Interest received-4-3952-3
Entrepreneurial income 103-2218-34
Gross fixed capital formation 13-2-2328
GFCF in agricultural products-23890
GFCF in non-agricultural products19-3-2631
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.