Home   About Us   Terms 



Economic trends

Agriculture's contribution to the economyThe contribution of agriculture to the economy in £billions.


Agriculture's contribution to the economyThe contribution of agriculture to the economy as a percentage of GDP. At 0.5%, agriculture in the UK is less important as an industry than in any other nation bar the city states.


Average net farm incomeHowever tempting it is to think of farmers being cossetted in a subsidy world and enjoying the high life, average net farm income tells a very different story.


Balance of trade in foodstuffsThere appears no end in sight to the political indifference to the appalling state of the UK's balance of trade in foodstuffs.


Farming workforceContinuing decline of the farming workforce.


Total income from farmingThe Total Income from Farming (TIFF) is an aggregate measure of income across agriculture in the UK.



Submitted by: Stavros on 2007-05-02 14:54:01.0
Location: Newcastle
Comment: It is clear to see that the economic trends have fluctuated in the farming industry based on the last few years. However, a decrease in the 000's of farming workforce may lead to an overall decline of the industry as more farms than ever are diversifying into leisure and tourism, whilst neglecting the importance of farming and agriculture itself.


Report error