Scottish farm business income: annual estimates 2013-2014
This publication contains farm business level estimates of average incomes for the accounting year 2013-14, relating to the 2013 crop year. For the most recent data, visit the Scottish farm business income (FBI) collection page below.
Table 1: FAS summary table: 2009-10 to 2013-14 (2013-14 prices)
|
|
Measure |
2009-10 |
2010-11 |
2011-12 |
2012-13 |
2013-14 |
|---|---|---|---|---|---|---|
| Average |
Output (£) |
135,903 |
162,749 |
179,434 |
174,592 |
168,878 |
| Input (£) |
150,195 |
168,500 |
186,397 |
193,460 |
187,786 |
|
| Susbsidy and payments (£) |
52,443 |
51,257 |
49,895 |
47,349 |
46,411 |
|
| Diversified income (£) |
3,607 |
3,650 |
3,567 |
2,643 |
3,031 |
|
| FBI (£) |
41,757 |
49,157 |
46,500 |
31,125 |
30,534 |
|
| FBI/FTE (£) |
29,201 |
29,087 |
31,849 |
21,030 |
20,631 |
|
| FBI without grants and subsidies |
-10,686 |
-2,100 |
-3,395 |
-16,224 |
-15,877 |
|
| Output:Input ratio |
1.3 |
1.3 |
1.2 |
1.2 |
1.2 |
|
| Off farm income (£) |
10,325 |
9,382 |
8,792 |
9,631 |
9887 |
|
| Off farm income/FTE (£) |
7,221 |
5,551 |
6,022 |
6,507 |
6680 |
|
| Hourly income |
Average hourly income (£) |
15.37 |
15.31 |
16.76 |
11.07 |
10.86 |
| Minimum agricultural wage (£) |
6.23 |
6.37 |
6.55 |
6.68 |
6.89 |
|
| Average hourly income as % of MAW |
246.7 |
240.3 |
255.9 |
165.7 |
157.6 |
|
| Quartiles |
FBI upper quartile (£) |
88,838 |
107,621 |
114,010 |
88,638 |
104,734 |
| FBI lower quartile (£) |
-7,845 |
1,257 |
114 |
-14,296 |
-15,266 |
|
| Output:Input ratio upper quartile |
1.5 |
1.4 |
1.5 |
1.4 |
1.5 |
|
| Output:Input ratio lower quartile |
1.0 |
1.0 |
1.0 |
0.9 |
0.9 |
|
| Balance Sheets (All Tenures) |
Net worth (£) closing valuation (CV) |
920,347 |
1,241,349 |
1,294,655 |
1,335,622 |
1,331,105 |
| Liabilities as % of assets (CV) |
10.5 |
9.6 |
9.4 |
9.7 |
9.5 |
Full-Time equivalent (FTE) is 1,900 hours.
Off farm Income is only collected for farmers and their spouse as the midpoint of the range in which their income falls.
Contact
Email: agric.stats@gov.scot
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