Economic Accounts for Agriculture

The output of the agriculture industry (OAI) valued at the basic prices was 101 188,1 mil. CZK in the year 2000. OAI increased by 9,9 % to 111 172,4 mil. CZK in the year 2001. As the cause of this increase was an accrual of the crop output at first, it raised between two years by 11,1 %, whereas the animal output increased by 8,7 % only. If we compare the agricultural output measured at constant prices of the year 1995 we can see that OAI increased by 2,2 % from the year 2000 to 2001, there from the crop output raised by 3,5 % and the animal output raised by 0,7 %.

The crop output shared in OAI by 49,2 % (valued at current basic prices) in the year 2000 (in the year 2001 it shared in OAI by 49,7 %, there cereals (39,5 %) and industrial crops (21,3 %) had a major share in the crop output. The animal output reflected a half of OAI in the year 2000 rightly, that is 50,0 % (in the year 2001 it shared in OAI by 49,4 %). The most important part of the animal output represented the production of milk (38,3 %) and breeding of pigs for slaughter (32,0 %). The rest of the total OAI made up the agricultural work supplied to the other unit, that is the agricultural services output (0,9 %) in addition to the crop and animal output.

The intermediate consumption (IC) at market prices shared in OAI by 69,5 % in the year 2000. The intermediate consumption of feedingstuffs represented the biggest part of it, that was 55,8 %. The intermediate consumption raised by 4,7 % within a year and IC at market prices shared in OAI by 66,2 % in the year 2001.

The gross value added at basic prices (GVA) was 30 896,5 mil. CZK in the year 2000. GVA increased by 21,6 % to 37 554,8 mil. CZK in 2001. After deduction the fixed capital consumption (FCC) we would get the net value added at basic prices (NVA). NVA amounted to 19 067,4 mil. CZK in the year 2000 and within a year it increased by 37,5 % to 26 219,2 mil. CZK in 2001.

The factor income at basic prices was 20 513,0 mil. CZK in the year 2000 and it was higher by 1 445,6 mil. CZK then the net value added (by 7,6 %). The factor income raised by 24,2 % within a year, so that it amounted to 25 471,5 mil. CZK in 2001. In 2000 the compensation of employees was 17 799,0 mil. CZK and that was 86,8 % of the factor income. It means that both the net operating surplus and the net entrepreneurial income (vide the Entrepreneurial Income Account) are relatively low in comparison with the factor income and a slight variation’s rate of the employee’s compensation only can cause a very great proportion’s change of these two income aggregates.