Finland
September 20, 2007
Source:
MTT Agrifood Research Finland
MTT Agrifood Research Finland has introduced the EconomyDoctor
FADN Advanced Results Internet service, which offers new key
figures for agriculture in EU Member States. The advanced key
figures have been calculated by MTT. The source of the basic
data behind the figures is the EU’s FADN database.
Advanced key figures provided by the new Internet service reveal
large variation in the profitability of agriculture between EU
Member States. Agriculture is most profitable in some new EU
Member States and least profitable in certain Scandinavian
countries. According to the key figure for profitability ratio
EU agricultural profitability improved slightly during the
period 1989–2004, but overall is still not particularly
profitable. On average, the larger the farms, the better the
profitability. The solvency of agricultural enterprises is
excellent throughout the EU.
Thousands of reports via internet
The Internet service contains the advanced key figures and three
reports for Member States for accounting years 1989–2004. Under
“Own criteria” users can select classifiers to generate their
chosen key figure reports. Three reports are available:
entrepreneur’s profit, profitability ratio, and return on
assets. The classifiers are: accounting year, member state, FADN
region, economic size class, organic production, least favoured
area, and five different production type classification
variables. From two to five classifiers may be selected per
report.
The user selects the report and the classifiers to be used, and
the service generates tables dynamically on the basis of these
selections. Several thousands of reports can easily be generated
for comparing profitability and solvency of agricultural
enterprises in Member States.
The key figures, calculated by MTT, are based on data files
downloadable from the public Internet site of the EU DG AGRI.
G.3. (http://ec.europa.eu/agriculture/rica/).
For 2004 the FADN database covers 74,000 farms across the EU,
and their weighted results are representative of the 4 million
farm enterprises for that year. The EconomyDoctor FADN Advanced
Results Internet service containing all the key figures is
available in English at
www.mtt.fi/eufadn-adv |
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