UK farm fixed capital consumption: buildings and works
UK farm fixed capital consumption: buildings and works stood at £1,329.07m in 2025, according to GOV.UK official statistics. It is one of the indicators in the Farm income and yields table (Value · Annual), with a complete series running from 1973 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Farm income and yields table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total consumption of fixed capital | 5,678.98 | 5,369.67 | 5,181.12 | 5,148.04 | 4,707.97 | 4,610.66 | 4,543.36 | 4,339.53 | 4,144.08 | 4,073.91 | |
| Consumption of fixed capital: buildings and works | 1,329.07 | 1,296.78 | 1,269.23 | 1,222.48 | 1,122.05 | 1,077.19 | 1,084.74 | 1,060.47 | 1,028.43 | 995.36 | |
| Consumption of fixed capital: equipment | 2,711.86 | 2,636.64 | 2,564.24 | 2,442.53 | 2,168.06 | 2,067.35 | 2,060.58 | 1,992.36 | 1,898.49 | 1,824.22 |
Understanding UK farm fixed capital consumption: buildings and works
Monetary quantification of the annual physical wear, tear, and structural obsolescence sustained by all permanent agricultural structures and structural improvements situated on holdings throughout the United Kingdom, expressed in £m. This specific ledger entry isolates long-lived fixed assets like barns, storage silos, drainage networks, fences, and glasshouses, explicitly excluding movable machinery, breeding livestock, and transient field equipment. It measures the theoretical financial provision required to replace the productive capacity lost as these immovable physical assets age and weather over the annual cycle, serving as a distinct component within the broader calculation of capital depreciation.
Interpreting this series demands caution regarding valuation methods, as replacement costs fluctuate with shifting material and construction labour expenses rather than direct purchase prices. Early annual releases rely on preliminary price indices and sample surveys, meaning subsequent revisions often adjust these capital consumption figures as final structural maintenance records become accessible. Analysts should avoid treating these figures as actual cash outlays, because depreciation represents a modelled accounting charge rather than an immediate transaction. Comparing this asset category against mobile machinery wear reveals divergent replacement cycles, since structural assets depreciate over decades through gradual physical degradation rather than rapid operational hours.
Frequently asked questions
- What types of physical structures are included in this capital consumption measure?
- It covers permanent immobile assets such as storage facilities, livestock housing, drainage systems, farm roadways, and permanent fencing across the United Kingdom.
- How does this series differ from machinery depreciation figures?
- This row focuses exclusively on long-term immovable works and buildings, whereas separate accounts track mobile machinery, transport vehicles, and specialised plant equipment.
- Does this series represent actual cash spent by farmers on repairs?
- No, it estimates the theoretical loss of asset value over time due to wear and tear, rather than recording direct invoices paid for routine maintenance or repairs.