Australian agricultural productivity, compared to 1978

Productivity is an important measure of Australian farm performance. It shows how efficiently inputs (labour, capital, land, materials and services) are used to produce outputs (crops, wool, and livestock) over time. Growth in the ratio of outputs produced to inputs used translates to improved profitability and competitiveness for farmers

Australian agricultural productivity. Line chart shows an increase to 194% productivity since 1978.
Data reflects broadacre sector: aggregation of cropping, beef, sheep and mixed industries. Indexed from 1978 = 100. Productivity measured using Total Factor Productivity (TFP). Input and output growth may not always sum to TFP due to rounding. Not climate adjusted.
Chart: The ConversationSource: ABARESGet the dataEmbedDownload imageCreated with Datawrapper