Economic Report on Scottish Agriculture 2015
Economic Report on Scottish Agriculture 2015 presenting an overall picture of Scottish agriculture using data from the various agricultural surveys that RESAS manage.
Table B2 FAS summary table 2: 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 (£)(1) |
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 (£)(2) |
10,325 |
9,382 |
8,792 |
9,631 |
9,887 |
|
| Off-farm income/FTE (£)(1) (2) |
7,221 |
5,551 |
6,022 |
6,507 |
6,680 |
|
| Hourly income |
Average hourly income (£) |
15.37 |
15.31 |
16.76 |
11.07 |
10.86 |
| Minimum agricultural wage (£)(3) |
6.23 |
6.37 |
6.55 |
6.68 |
6.89 |
|
| Average hourly income as % of MAW(3) |
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 |
(1) Full-Time equivalent (FTE) is 1,900 hours.
(2) Off farm Income is only collected for farmers and their spouse as the midpoint of the range in which their income falls.
(3) The minimum agricultural wage (MAW) is the weighted average for 2013 calendar year, with a value of £6.89.
Contact
Email: Agricultural Statistics
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