Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

NSI: Agricultural net income down by 1.1% over the year

Photo: BTA

The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year. 


This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural products produced and a 4.9% drop in the prices farmers receive for their products. This is according to an assessment by the National Statistical Institute (NSI) of the economic accounts for agriculture in 2024.


In addition, the value of inputs used in agriculture, such as seeds, fertilisers and machinery, has also fallen. Specifically, the volume of agricultural inputs used fell by 7.6% and the prices of these agricultural inputs fell by 3.0% compared to the previous year.


In 2024, net entrepreneurial income in agriculture reached 492.9 million euro, which is 1.1% lower than in 2023.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The pig farming industry in Bulgaria is experiencing growth

The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..

published on 4/15/25 3:18 PM

Bulgarian processors import rapeseed from Canada due to a shortage of raw materials

One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..

published on 4/12/25 4:04 PM

Fitch affirms Bulgaria's rating at BBB; Outlook Positive

Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA. ''Bulgaria's ratings are supported by its strong external and public finance balance sheets versus..

published on 4/12/25 9:36 AM