Farm Income by Farm Type

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Farm TypeShown in tableAll 7 valuesChange values
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Table

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Data valuesData descriptionFarm TypeIncome TypeYear
12800AverageDairyIncome from agriculture2016-17
17982900TotalDairyIncome from agriculture2016-17
62400AverageDairyIncome from agriculture2017-18
86026200TotalDairyIncome from agriculture2017-18
27800AverageDairyIncome from agriculture2018-19
-726900TotalDairyIncome from agriculture2018-19
32600AverageDairyIncome from agriculture2019-20
46532500TotalDairyIncome from agriculture2019-20
41500AverageDairyIncome from agriculture2020-21
57811100TotalDairyIncome from agriculture2020-21
68100AverageDairyIncome from agriculture2021-22
98446000TotalDairyIncome from agriculture2021-22
144400AverageDairyIncome from agriculture2022-23
202240000TotalDairyIncome from agriculture2022-23
46200AverageDairyIncome from agriculture2023-24
62427300TotalDairyIncome from agriculture2023-24
111000AverageDairyIncome from agriculture2024-25
146010400TotalDairyIncome from agriculture2024-25
16200AverageDairyIncome from basic farm payment2016-17
22741100TotalDairyIncome from basic farm payment2016-17
16700AverageDairyIncome from basic farm payment2017-18
22944600TotalDairyIncome from basic farm payment2017-18
15600AverageDairyIncome from basic farm payment2018-19
3036900TotalDairyIncome from basic farm payment2018-19
15100AverageDairyIncome from basic farm payment2019-20
Showing 1 to 25 of 630 rows
Page 1 of 26

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Next update expected:January 2027

Updates

22nd January 2026

This dataset was updated on the 22nd of January and the 2024-25 data has been added.

14th January 2026
Dataset first published.

Main information

Designation
Official statistics
Data provider
Welsh Government
Data source
Farm Business Survey, Wales
Time period covered
April 2016 to March 2025
Dataset ID
babc5877-c565-4f12-b7f3-46c3b17133eb

Overview

Summary of dataset and variables

Farm Income by Farm Type, 2016-17 to 2023-24.

Aggregate totals represent summed weighted totals of the survey sample for each year.

Average figures per farm have been rounded to the nearest £100, therefore rounded figures may not add up exactly to totals. Percentage calculations have been undertaken on unrounded figures.

Data collection or calculation

Farm Business Survey, Welsh Government. Statistical results from the Farm Business Survey (FBS) in Wales are produced and published annually by Aberystwyth University.

Farms are randomly selected from the June Census returns to provide a representative sample of 550 Welsh farms covering the main farm types. Letters are sent to potential participants and if the farmer agrees, a convenient visiting date is arranged by phone. During this recruiting visit the farm area, farming system, opening stock numbers and bank details, as well as other relevant information is obtained.

Statistical quality

Statistics produced from the same data by IBERS may differ in some respects from those in this statistical release. The differences arise largely from:

Weighting: the statistics in this release are weighted to be representative of the population (farm businesses with a Standard Output of at least €25,000). However, the statistics produced by IBERS are unweighted so are only representative of the farms included in the sample. Inter-year identical sample: Some of the statistics published by IBERS are for an inter-year identical sample (farms included in the sample for two years in a row). Not every farm is included in the sample for two years in a row. Therefore, the inter-year identical sample includes a smaller number of farms for each year, so the results for this group of farms may differ.

The sample for the Farm Business Survey is predominantly drawn from those farm businesses in Wales with a Standard Output (SO) of at least €25,000, based on activity recorded in the previous June Survey of Agriculture and Horticulture. The results reported here will not therefore be representative of very small and part-time holdings.

Rounding applied

Average figures per farm have been rounded to the nearest £100, therefore rounded figures may not add up exactly to totals.

Published by

Organisation
Welsh Government
Contact email
stats.agric@gov.wales