site.btaGross Value Added Produced in Agriculture Drops to Some BGN 4 Bln in 2024, Y/Y

In 2024 the gross value added produced in agriculture was equal to some BGN 4 billion BGN, show National Statistical Institute data published on Monday. It was 5.0% lower than the previous year. The decrease was due to the drop in prices - by 7.1%, while volumes registered increase of 2.3% on an annual basis.

In 2024, the value of final output produced in agriculture decreased by 8% compared to the previous year to BGN 9.7 billion. The value of crop output decreased by 9.5% on an annual basis to BGN 6.5 billion, and the value of animal output amounted to BGN 2.4 billion - by 4.8% decrease compared to the previous year.

In 2024, the net entrepreneurial income in agriculture amounted to BGN 977 million, remaining at the level of the previous year, with minimal increase of 0.2%.