Agricultural income

Here, the value added at factor cost. It is the remuneration for the production factors of land, capital and labour. The figures on real income are adjusted for inflation.

Agricultural income may also be defined as output value minus the value of consumption, depreciations and taxes, plus the balance of subsidies and taxes received.

The concept of income in the agricultural accounts differs slightly from that used in the agricultural sector estimate, the results of which are published simultaneously by Wageningen Economic Research. For example, the agricultural accounts give results based on a calendar year, while the sector estimate takes the crop year as its starting point.

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