Average Farm Business Income
Source: Table 1
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.
Email: Neil White
Phone: 0300 244 4000 – Central Enquiry Unit
The Scottish Government
St Andrew's House