This statistic shows the total income from farming in the United Kingdom from 2000 to 2021. Despite some fluctuation over the period, income generally rose between 2000 and 2021. In 2017, income peaked at 6.15 billion British pounds.
Total income from farming in the United Kingdom (UK) from 2000 to 2021
(in million GBP)
Figures taken from accounts for the aggregate income of the UK agricultural sector and are based on current prices.
The source describes the Total Income from Farming (TIFF) measurement as follows: "Total Income from Farming is income generated by production within the agriculture industry including subsidies and represents business profits and remuneration for work done by owners and other unpaid workers. It excludes changes in the values of assets, including stocks, due to price changes but includes non-agricultural activities such as further processing or tourist activities where these cannot be separated from the agricultural business. It is the preferred measure of aggregate income for the agricultural industry conforming to internationally agreed national accounting principles required by the UK National Accounts and by Eurostat."
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Defra, & GOV.UK. (May 12, 2022). Total income from farming in the United Kingdom (UK) from 2000 to 2021 (in million GBP) [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/313932/agricultural-farming-income-in-the-united-kingdom-uk/
Defra, und GOV.UK. "Total income from farming in the United Kingdom (UK) from 2000 to 2021 (in million GBP)." Chart. May 12, 2022. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/313932/agricultural-farming-income-in-the-united-kingdom-uk/
Defra, GOV.UK. (2022). Total income from farming in the United Kingdom (UK) from 2000 to 2021 (in million GBP). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/313932/agricultural-farming-income-in-the-united-kingdom-uk/
Defra, and GOV.UK. "Total Income from Farming in The United Kingdom (Uk) from 2000 to 2021 (in Million Gbp)." Statista, Statista Inc., 12 May 2022, https://www.statista.com/statistics/313932/agricultural-farming-income-in-the-united-kingdom-uk/
Defra & GOV.UK, Total income from farming in the United Kingdom (UK) from 2000 to 2021 (in million GBP) Statista, https://www.statista.com/statistics/313932/agricultural-farming-income-in-the-united-kingdom-uk/ (last visited May 23, 2022)
