In 2023, France leads European agricultural goods output subsidies with €17.75 million, closely followed by Spain at €11.7 million and Poland at €10.62 million. While some countries such as Switzerland (+8.66%) and Estonia (+19.72%) saw significant YOY growth, others like Spain (-0.51%) and Italy (-3.89%) experienced declines. The United Kingdom enjoyed a notable increase at 6.85%, whereas Slovakia and Croatia saw reductions of -4.16% and -2.33%, respectively. Over the past five years, Austria showed promising growth with a 12.7% CAGR.
Future trends to watch include technological advances driving increased subsidies efficiency, the impact of EU agriculture policy changes, and the potential influence of global trade dynamics on subsidy distributions. Monitoring the interplay of these factors will be crucial to understand the evolving landscape of agricultural subsidies in Europe.
Top countries in Agricultural Goods Output Subsidies Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 17.75 | 2023 | +0.6% | +0.21% | View data |
2 | 2 Spain | 11.7 | 2023 | -2.25% | -0.51% | View data |
3 | 3 Poland | 10.62 | 2023 | +2.01% | +4.27% | View data |
4 | 4 Norway | 9.38 | 2023 | -2.08% | -1.18% | View data |
5 | 5 Switzerland | 7.15 | 2023 | +0.21% | +8.66% | View data |
6 | 6 Lithuania | 6.58 | 2023 | +3.13% | +5.25% | View data |
7 | 7 Finland | 5.93 | 2023 | +2.31% | +1.54% | View data |
8 | 8 Hungary | 5.7 | 2023 | +4.44% | +1.94% | View data |
9 | 9 Greece | 5.11 | 2023 | +1.16% | +1.02% | View data |
10 | 10 Portugal | 3.94 | 2023 | +2.12% | +5.46% | View data |