ASPECTS THAT CONTRIBUTED TO CHANGES IN THE PRICE OF AGRICULTURAL LAND IN ROMANIA AND OTHER COUNTRIES IN THE EUROPEAN UNION.

This paper presents the comparison between Romania in relation to countries such as Poland, Italy, Germany, Hungary and Bulgaria, taking into account the similarities between them in terms of selling price of agricultural land, size of countries and agricultural area used. Current differences observed between the sale price of land in Romania, clearly express that there are various problems of agricultural activity in Romania. At the end of the paper, a model was created to see if there is a statistically significant linear relationship between the price of land the number of farms and the subsidy offered per hectare. The purpose of this paper is to identify and verify the correlation between the increase in selling prices of agricultural land, the number of farms and the single payment scheme per hectare. Germany ranks first among countries in terms of agricultural area, holding approximately 16.67 million hectares in 2020, with a negative growth rate of 0.04% while the only country with a positive growth rate is Italy, 0.47%, with a total agricultural area of 13.15 million hectares in 2019. In Romania, the price of one hectare of land is 5,339 euros and it is expected that the prices of agricultural land will increase in the coming years. Rising farmland prices can have a positive impact due to the European Union's financial support for the agricultural sector and agricultural activities. [ABSTRACT FROM AUTHOR]