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Farmers’ incomes up 5 per cent
statistikk
2013-03-08T10:00:00.000Z
Agriculture, forestry, hunting and fishing;Income and consumption
en
binfo, Farmers’ income and debt, agricultural income, income from self-employment, farmersIncome and wealth, Agriculture , Income and consumption, Agriculture, forestry, hunting and fishing
false

Farmers’ income and debt, 2011

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Farmers’ incomes up 5 per cent

On average, gross income for farmers amounted to NOK 511 000 in 2011. This represents an increase of NOK 26 500, or 5 per cent, from the previous year. Entrepreneurial income from agriculture averaged NOK 154 000, constituting 30 per cent of the gross income in 2011.

Farmers’ income and property.Published 8 March 2013
2011Change in per cent
2010 - 20112006 - 2011
Personal holders (number)42 788-1.9-11.3
 
Average income for holders (NOK)511 3005.535.8
Wages and salaries218 2005.236.6
Entrepreneurial income from agriculture154 000-0.531.4
Other entrepreneurial income63 8007.628.4
Pensions36 30023.988.1
Capital income etc.38 90015.126.7

Source: Statistics Norway

Agricultural holdings vary considerably in size, from hobby-like production to holdings with a turnover of more than NOK 1 million. This is the main reason for the considerable variation in entrepreneurial income from agriculture and debt. In 2011, farmers ’ average gross income was made up of NOK 255 000 from wages and pensions, NOK 218 000 from total entrepreneurial income and NOK 39 000 from capital income. Average entrepreneurial income from agriculture for all 42 800 farmers was NOK 154 000. About 30 500 farmers with a positive entrepreneurial income had an average agricultural income of NOK 216 000.

Variations between counties

Distributed by county, farmers in Vestfold and Akershus had the highest average gross incomes, with NOK 644 000 and NOK 635 000 respectively. Farmers in Troms had the lowest gross income, with an average of NOK 426 000. The largest average entrepreneurial income from agriculture was NOK 210 000 in Rogaland and Nord-Trøndelag, while farmers in Telemark had the lowest agricultural income, with NOK 87 000.

Low agricultural income in cereals production

Agricultural holdings are classified by type of farming . Farmers with cereals and oilseeds as type of farming had the lowest entrepreneurial income from agriculture in 2011. Agricultural income for this farm type fell by 15 per cent from 2010 to 2011, to NOK 66 000. As many as 43 per cent of these farmers had no positive income from agriculture in 2011 compared with 35 per cent the previous year. Only 8 per cent of farmers with specialist cereal and oilseed production had agriculture as the main source of income in 2011. Farmers with cereal and oilseed production had the highest wage income among the types of farming, with NOK 320 000 on average.

Farmers with specialist cattle dairying increased their agricultural income by 2 per cent, to NOK 284 000 in 2011. These farmers had the lowest gross income, with NOK 443 000. Farmers with other productions based on grazing livestock had almost unchanged agricultural income from 2010 to 2011. For farmers with specialist pig/poultry, gross income amounted to NOK 642 000. Agricultural income increased by NOK 28 000, to an average of NOK 368 000 in 2011.

Most debt for farmers with pigs and poultry

Farmers had a total debt of NOK 66.5 billion in 2011, corresponding to an average of NOK 1.6 million per farmer. The debt ranged from just over NOK 900 000 for farmers with specialist sheep up to NOK 4.1 million on average for farmers with specialist pig/poultry. For farmers in Østfold, Vestfold and Rogaland, debt amounted to NOK 2.1 million on average, while average debt in Sogn og Fjordane was NOK 890 000. About 19 per cent of the farmers had less than NOK 100 000 in debt, while 9 per cent had more than NOK 4 million in debt. Total interest paid in 2011 amounted to NOK 2.5 billion, with an average of NOK 59 500 per farmer.

About the statisticsOpen and readClose

The statistics are based on tax return data and comprise the population of agricultural holdings operated by a natural person. Of a total of 45 612 holdings in 2011, 42 788 holdings are included in these statistics.

Deductions, inter alia interest on debt, are not deducted from the income. The statistics are based on data sources where total debt could not be broken down into entrepreneurial debt and private debt.