Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema.معرفة المزيد
Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.E-Commerce Prompting Innovation by Traditional Postal Services The Global Opportunity Index 2018 The High Burden of US Housing Costs معرفة المزيد
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نشر بواسطة المصدر: 24 May 2019
Indicator represents income generated by farming, which is used to remunerate borrowed or rented factors of production (capital, wages and land rents) as well as own production factors (own labour, capital and land). The agriculture factor income presented in this section corresponds to the deflated (real) net value added at factor cost of agriculture. The implicit price index of GDP is used as deflator. Annual work units (AWUs) in the indicator, are defined as full-time equivalent employment (corresponding to the number of full-time equivalent jobs), i.e. as total hours worked divided by the average annual number of hours worked in full-time jobs within the economic territory.