Average economic size of farms by standard output, farm type and age in United Kingdom
United Kingdom: Average economic size of farms by standard output, farm type and age was 25.35 billion Euro in 2016. ▲ Rising
Latest (2016)
25.35 billion Euro
Change on year
up 16.2%
World rank
10th
of 40 countries
All-time high
25.35 billion Euro
in 2016
All-time low
17.30 billion Euro
in 2007
Years of data
5
2005–2016
Average economic size of farms by standard output, farm type and age in United Kingdom, 2005–2016
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for average economic size of farms by standard output, farm type and age in United Kingdom is 25.35 billion Euro, measured in 2016. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 16.2% on the previous year and up 32.6% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in United Kingdom peaked at 25.35 billion Euro in 2016 and was at its lowest, 17.30 billion Euro, in 2007.
United Kingdom ranks 10th of 40 countries on this measure, in the top quarter.
Average economic size of farms by standard output, farm type and age in United Kingdom, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 19.11 billion Euro | — |
| 2007 | 17.30 billion Euro | -9.5% |
| 2010 | 19.02 billion Euro | +9.9% |
| 2013 | 21.82 billion Euro | +14.7% |
| 2016 | 25.35 billion Euro | +16.2% |
United Kingdom compared with similar countries
- United Kingdom's 25.35 billion Euro is above the median for Europe & Central Asia, which is 7.96 billion Euro, 3.2× the median. (29 countries reporting)
- United Kingdom's 25.35 billion Euro is above the median for high income countries, which is 7.66 billion Euro, 3.3× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.21 billion Euro | 17.30 billion Euro | 19.11 billion Euro | 2 |
| 2010s | 22.06 billion Euro | 19.02 billion Euro | 25.35 billion Euro | 3 |
Countries ranked near United Kingdom
- 8 Netherlands 27.55 billion Euro compare
- 8 Netherlands 27.55 billion Euro compare
- 10 United Kingdom 25.35 billion Euro compare
- 12 Romania 14.76 billion Euro compare
- 13 Denmark 10.76 billion Euro compare
More economy & growth data for United Kingdom
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 86.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,251 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 76.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 691.49 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0191 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,103 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 22.77 % change on previous year (2025)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in United Kingdom?
- Average economic size of farms by standard output, farm type and age in United Kingdom was 25.35 billion Euro in 2016, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in United Kingdom?
- The highest recorded value was 25.35 billion Euro in 2016.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in United Kingdom?
- The lowest recorded value was 17.30 billion Euro in 2007.
- How does United Kingdom rank for average economic size of farms by standard output, farm type and age?
- United Kingdom ranks 10th out of 40 countries with data for 2016.
- Is average economic size of farms by standard output, farm type and age rising or falling in United Kingdom?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
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