Glossary:Economic accounts for agriculture (EAA)
The economic accounts for agriculture, abbreviated as EAA, are a satellite account of the European system of national and regional accounts, adapted to the specific nature of the agricultural sector, providing complementary information and concepts. Although the structure of EAA matches very closely that of national accounts, their compilation requires the formulation of appropriate rules and methods.
The EAA analyse the production processes of the agricultural sector and the primary income generated by these activities. The accounts are therefore based on the industry concept. The agricultural sector, as described in the EAA, corresponds to Division 01 in NACE Rev. 1 "Agriculture, hunting and related service activities".
The EAA measure the total output of the agricultural activity which includes:
- output sold (including trade in agricultural goods and services between agricultural units);
- changes in stocks;
- output for own final consumption and own-account gross-fixed capital formation;
- output produced for further processing by other agricultural producers;
- intra-unit consumption of livestock feed products.
The agricultural industry's output equals the sum of the ouput of agricultural products plus goods and services produced in non-agricultural secondary activities.
National statistical institutes or ministries of agriculture are responsible for data collection and calculation of national EAA, in accordance with EU Regulations. Eurostat is responsible for the production of aggregated data for the European Union (EU).
Further information
- Economic accounts for agriculture (ESMS metadata file — aact_eaa_esms)
- Regulation (EC) No 138/2004 of 5 December 2003 on the economic accounts for agriculture in the Community (legal text)
- Regulation (EC) No 212/2008 of 7 March 2008 amending Annex I to Regulation (EC) No 138/2004 on the economic accounts for agriculture in the Community (legal text)