Agricultural entrepreneurial income
Changes in agricultural entrepreneurial income have been presented in relation to year 2005=100 (orange curve) and in relation to the previous year (blue curve). Entrepreneurial income represents the income received by agricultural entrepreneurs for their work and capital. Compared with 2005, entrepreneurial income was at its highest in 2010 when the index value was 135.9, and at its lowest in 2015 when it was roughly 69 per cent of the 2005 level. The index value was 106,8 in 2019.
Description of the indicator
Entrepreneurial income per agricultural entrepreneur is calculated by deducting salaries paid to employees, paid interest and rents paid for the use of fixed assets from factor income. The resulting figure is divided by the amount of unpaid agricultural workforce. Therefore, entrepreneurial income represents the salary received by the entrepreneur and interest on equity. It indicates financial development in the industry.
Net agricultural entrepreneurial income differs from the above so that entrepreneurial income is not divided by the number of entrepreneurs. Annual entrepreneurial income is calculated at a fixed price, i.e. it represents changes in total entrepreneurial income.
The index values of entrepreneurial income are calculated by Statistics Finland, mainly using the economic accounts for agriculture (EAA) delivered to Eurostat as source material.
This indicator is one of the CAP impact indicators.
The indicator will next be updated in spring 2023.