Scottish farm business income: annual estimates 2015-2016

Farm business level estimates of average incomes for the accounting year 2015 to 2016, which relates to the 2015 crop year. For the most recent data, visit the Scottish farm business income (FBI) collection page below.


Table 1: FBS summary table: 2010-11 to 2015-16 (2015-16 prices)

Measure 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Average Output (£) 168,379 186,265 178,754 172,632 153,745 136,715
Input (£) 174,329 193,493 198,071 191,960 172,462 165,009
Subsidy and payments (£) 53,031 51,794 48,478 47,443 40,471 38,092
Diversified income (£) 3,776 3,703 2,707 3,098 2,368 2,818
FBI (£) 50,857 48,270 31,867 31,212 24,122 12,615
FBI/ FTE (£) 30,093 33,062 21,532 21,089 16,409 8,581
FBI without grants and subsidies -2,173 -3,524 -16,611 -16,230 -16,349 -25,477
Output:Input ratio 1.29 1.25 1.16 1.16 1.14 1.08
Off farm income (£) 9,706 9,127 9,860 10,107 10,799 11,188
Off farm income/ FTE (£) 5,743 6,251 6,662 6,829 7,346 7,611
Hourly income Average hourly income (£) 15.84 17.40 11.33 11.10 8.64 4.52
Minimum agricultural wage (£) 6.85 6.95 6.98 7.04 7.08 7.17
Average hourly income as % of MAW 231.2 250.4 162.3 157.6 121.9 63.0
Quartiles FBI upper quartile (£) 115,762 120,954 92,103 107,062 79,869 66,559
FBI lower quartile (£) 1,352 121 -14,855 -15,606 -14,065 -30,696
Output:Input ratio upper quartile 1.45 1.47 1.40 1.46 1.36 1.31
Output:Input ratio lower quartile 1.01 1.00 0.93 0.92 0.92 0.83
Balance Sheets (All Tenures) Net worth (£) closing valuation ( CV) 1,284,291 1,343,941 1,367,459 1,360,694 1,280,225 1,299,410
Liabilities as % of assets ( CV) 9.6 9.4 9.7 9.5 9.8 10.1

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

Phone: 0300 244 4000 – Central Enquiry Unit

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

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