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Abstract

The aim of the paper was to present the economic situation of farms in the countries of the EU at two diff erent moments in time, and to attempt to assess changes in their situations in the considered period. Analyses were carried out on the basis of FADN data. The object of the study was the economic situation, including production potential, production and economic results and fi nancial indicators. Based on selected characteristics, cluster analysis was performed for 2004 and 2013 and the economic situations of created typological groups was presented. It was found that in both the given years agriculture in the EU countries can be divided into several types. In the studied decade, convergence in the economic situation of farms in the EU was observed. Most Czech, Estonian, and Latvian entities benefi ted from this process.

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