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Farm business income
Updated 16 October 2024
Latest UK dairy farm business income statistics by region on an annual basis.
| Accounting Yeara | England | Wales | Scotland | Northern Ireland |
|---|---|---|---|---|
| £ per farm | ||||
| 2003/04b | 30,500 | 25,700 | 23,800 | |
| 2004/05 | 33,000 | 28,500 | 24,900 | |
| 2005/06 | 33,500 | 30,500 | 28,500 | |
| 2006/07 | 31,000 | 30,500 | 47,000 | 27,500 |
| 2007/08 | 55,000 | 51,500 | 69,500 | 58,500 |
| 2008/09 | 69,500 | 62,000 | 78,500 | 37,500 |
| 2009/10c | 59,000 | 47,500 | 90,500 | 20,000 |
| 2010/11 | 66,000 | 57,500 | 97,500 | 51,500 |
| 2011/12 | 86,500 | 68,000 | 83,500 | 58,000 |
| 2012/13d | 52,500 | 45,000 | 63,500 | 28,000 |
| 2013/14e | 88,000 | 77,000 | 75,000 | 61,500 |
| 2014/15 | 84,000 | 70,000 | 81,000 | 45,500 |
| 2015/16f | 44,000 | 33,000 | 6,500 | 12,000 |
| 2016/17 | 50,000 | 31,500 | 41,500 | 23,500 |
| 2017/18 | 118,500 | 82,500 | 76,500 | 68,000 |
| 2018/19 | 79,500 | 46,500 | 68,000 | 58,000 |
| 2019/20 | 85,000 | 50,500 | 51,000 | 52,000 |
| 2020/21 | 92,500 | 60,000 | 101,500 | 63,000 |
| 2021/22 | 140,000 | 88,000 | 164,000 | 83,000 |
| 2022/23 | 229,000 | 165,000 | 248,500 | na |
Additional information
a) Data shown is average farm business income at current prices with figures rounded to £500. All figures are accounting years ending February.
b) Data from 2003-04 to 2008/09 is based upon Standard Gross Margin (GSM) typology
c) 2009/10 data for England, Wales and Northern Ireland nased upon Standard Output (SO) typology. Scotland results revised from 2009/10 to reflect new weighting methodology.
d) England and Wales results derived from 2010 standard output coefficients from 2012/13. Nothern Ireland from 2013/14. Scotland hresults based on 2007 standard output co-efficients.
e) England, Wales and Northern Ireland 2013/14 onwards are derived using 2010 standard output co-efficients. Scotland are based on 2007 standard output coefficients.
f) Scotland results derived from 2010 standard output co-efficients.
* Provisional
How is Farm Business Income worked out?
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This dataset was produced by our Data and Analysis Team. To find out more about the team, please visit the Data and Analysis team page.
If you need any further help, please email Martin, Ian, Esther or Dorian at datum@ahdb.org.uk
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