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Publication - Statistics Publication

Scottish farm business income: annual estimates 2015-2016

Published: 27 Apr 2017
Part of:
Farming and rural
ISBN:
9781786529350

Farm business level estimates of average incomes for the accounting year 2015 to 2016, which relates to the 2015 crop year.

52 page PDF

1.5MB

52 page PDF

1.5MB

Contents
Scottish farm business income: annual estimates 2015-2016
Introduction

52 page PDF

1.5MB

Introduction

Average Farm Business Income

Average Farm Business Income

Source: Table 1

Percentage of farms according to FBI/ FTE, relative to MAW

Percentage of farms according to FBI/FTE, relative to MAW

Source: Table 5

The Scottish Farm Business Income ( FBI) publication provides farm business level estimates of average incomes for the accounting year 2015-16, which relates to the 2015 crop year. Other financial indicators, such as productivity and financial strength, are also presented.

In 2015-16, the average FBI for businesses in the survey was £12,600, the lowest level over the six-year series. This represents a decrease of 48 per cent (£11,500) in real terms over the last year and a decrease of 75 per cent (£38,200) in real terms since 2010-11. When FBI is calculated without the addition of subsidy payments the value results in a loss of £25,500.

From the Farm Business Survey, 36 per cent of farm businesses made a loss and more than half of farm businesses (59 per cent) generated income roughly equivalent to less than the minimum agricultural wage ( MAW), per hour of unpaid labour. This latter figure has increased by 11 percentage points compared to the previous year.


Contact

Email: Neil White

Phone: 0300 244 4000 – Central Enquiry Unit

The Scottish Government
St Andrew's House
Regent Road
Edinburgh
EH1 3DG