In 2020, the agricultural sector contributed an estimated EUR 171.9 billion towards the EU’s GDP, the equivalent of 1.3% of the total.
One way of looking at this is that for every 1 euro spent on the cost of goods and services used in the production process, the farms in the EU created added value of EUR 0.75. The total value of agricultural production in 2020 was an estimated EUR 411.8 billion, of which about half came from crops and just under two fifths from animals and animal products.
