U.S. net farm income and net cash farm income, inflation adjusted, 2002–2022F

Billion dollars (2022)

Line graph with 4 lines and 21 points per line.

Line 1, Net farm income.
Point 1, 2002 is 61.04906.
Point 2, 2003 is 93.22375.
Point 3, 2004 is 130.18153.
Point 4, 2005 is 113.74211.
Point 5, 2006 is 80.44146.
Point 6, 2007 is 95.47132.
Point 7, 2008 is 104.37641.
Point 8, 2009 is 82.67723.
Point 9, 2010 is 101.29458.
Point 10, 2011 is 146.15727.
Point 11, 2012 is 121.76554.
Point 12, 2013 is 153.56364.
Point 13, 2014 is 112.42096.
Point 14, 2015 is 98.58157.
Point 15, 2016 is 74.48277.
Point 16, 2017 is 88.08316.
Point 17, 2018 is 92.77335.
Point 18, 2019 is 89.07507.
Point 19, 2020 is 104.80267.
Point 20, 2021 is 149.77734.
Point 21, 2022F is 160.4889.
Line 2, Net cash farm income.
Point 1, 2002 is 79.29435.
Point 2, 2003 is 110.303795.
Point 3, 2004 is 124.595856.
Point 4, 2005 is 125.136.
Point 5, 2006 is 95.85414.
Point 6, 2007 is 105.52987.
Point 7, 2008 is 113.5639.
Point 8, 2009 is 98.879875.
Point 9, 2010 is 126.51664.
Point 10, 2011 is 158.54135.
Point 11, 2012 is 170.85999.
Point 12, 2013 is 168.95265.
Point 13, 2014 is 160.03693.
Point 14, 2015 is 128.90623.
Point 15, 2016 is 114.23166.
Point 16, 2017 is 118.7582.
Point 17, 2018 is 117.45666.
Point 18, 2019 is 120.50522.
Point 19, 2020 is 129.65659.
Point 20, 2021 is 157.80473.
Point 21, 2022F is 187.89423.
Line 3, 2002-21 average NCFI.
Point 1, 2002 is 126.26923.
Point 2, 2003 is 126.26923.
Point 3, 2004 is 126.26923.
Point 4, 2005 is 126.26923.
Point 5, 2006 is 126.26923.
Point 6, 2007 is 126.26923.
Point 7, 2008 is 126.26923.
Point 8, 2009 is 126.26923.
Point 9, 2010 is 126.26923.
Point 10, 2011 is 126.26923.
Point 11, 2012 is 126.26923.
Point 12, 2013 is 126.26923.
Point 13, 2014 is 126.26923.
Point 14, 2015 is 126.26923.
Point 15, 2016 is 126.26923.
Point 16, 2017 is 126.26923.
Point 17, 2018 is 126.26923.
Point 18, 2019 is 126.26923.
Point 19, 2020 is 126.26923.
Point 20, 2021 is 126.26923.
Point 21, 2022F is 126.26923.
Line 4, 2002-21 average NFI.
Point 1, 2002 is 104.697044.
Point 2, 2003 is 104.697044.
Point 3, 2004 is 104.697044.
Point 4, 2005 is 104.697044.
Point 5, 2006 is 104.697044.
Point 6, 2007 is 104.697044.
Point 7, 2008 is 104.697044.
Point 8, 2009 is 104.697044.
Point 9, 2010 is 104.697044.
Point 10, 2011 is 104.697044.
Point 11, 2012 is 104.697044.
Point 12, 2013 is 104.697044.
Point 13, 2014 is 104.697044.
Point 14, 2015 is 104.697044.
Point 15, 2016 is 104.697044.
Point 16, 2017 is 104.697044.
Point 17, 2018 is 104.697044.
Point 18, 2019 is 104.697044.
Point 19, 2020 is 104.697044.
Point 20, 2021 is 104.697044.
Point 21, 2022F is 104.697044.

Note: F = forecast. Values are adjusted for inflation using the U.S. Bureau of Economic Analysis Gross Domestic Product Price Index (BEA API series code: A191RG) rebased to 2022 by USDA, Economic Research Service.

Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 1, 2022.