Agriculture is making the national GDP increase

By: trademagazin Date: 2011. 11. 16. 18:06

Agricultural GDP has seen a 9.8 percent growth last year. Due to the more favourable production this year, a higher increase is to be seen this year – the Ministry of Rural Development pointed out.

These great results definitely add up to the fact that Hungarian GDP has seen a 1.4 percent growth in the third quarter of the year. Moreover, Hungarian agriculture covers the 3 percent of the entire national GDP, which is two times more than the EU-average. The entire agro-business covers about 10-12 percent of the nazional economics.

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