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Publication - Statistics Publication

Scottish farm business income (FBI): annual estimates 2016-2017

Published: 8 Mar 2018
Part of:
Economy, Farming and rural
ISBN:
9781788516747

This publication provides estimates of average farm business incomes for the accounting year 2016-17, which relates to the 2016 crop year.

54 page PDF

3.4MB

54 page PDF

3.4MB

Contents
Scottish farm business income (FBI): annual estimates 2016-2017
Value of measuring Farm Business Incomes

54 page PDF

3.4MB

Value of measuring Farm Business Incomes

Nearly half (49 per cent) of food consumed in the UK is sourced from UK Agriculture.
The industry employs 67,000 people in Scotland (430,000 in the UK as a whole). Agricultural farm land makes up 74 per cent of Scotland’s total land area and supplies vital food and drink industries. Farm incomes provide an important measure of farm performance and profitability to help reliably measure the strength of the industry.

Measures of Farm Income

There are two main measures of farm income, Farm Business Income ( FBI) and Total Income from Farming ( TIFF). FBI is the business-level measure of farm incomes and is based on crop years. It provides an estimate of average incomes, outputs, costs and subsidies for eight different farm types. TIFF is an estimate of national-level farm incomes and is based on calendar years. It provides a national estimate for total income across the sector as a whole.

This publication focuses on Farm Business Income statistics.


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