In financial year 2023, the Total Factor Productivity (TFP) of dairy farms in Australia was 155, representing a decline in productivity compared to the previous year. The highest productivity index over the reported period was recorded in both 2010 and 2011. According to the source, some of the key drivers of farm productivity were research and development expenditure and farm innovations.
Total Factor Productivity (TFP) of dairy farms in Australia from financial year 2001 to 2023
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ABARES. (June 27, 2024). Total Factor Productivity (TFP) of dairy farms in Australia from financial year 2001 to 2023 [Graph]. In Statista. Retrieved May 05, 2025, from https://www.statista.com/statistics/1552127/australia-productivity-index-of-dairy-farms/
ABARES. "Total Factor Productivity (TFP) of dairy farms in Australia from financial year 2001 to 2023." Chart. June 27, 2024. Statista. Accessed May 05, 2025. https://www.statista.com/statistics/1552127/australia-productivity-index-of-dairy-farms/
ABARES. (2024). Total Factor Productivity (TFP) of dairy farms in Australia from financial year 2001 to 2023. Statista. Statista Inc.. Accessed: May 05, 2025. https://www.statista.com/statistics/1552127/australia-productivity-index-of-dairy-farms/
ABARES. "Total Factor Productivity (Tfp) of Dairy Farms in Australia from Financial Year 2001 to 2023." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/statistics/1552127/australia-productivity-index-of-dairy-farms/
ABARES, Total Factor Productivity (TFP) of dairy farms in Australia from financial year 2001 to 2023 Statista, https://www.statista.com/statistics/1552127/australia-productivity-index-of-dairy-farms/ (last visited May 05, 2025)
Total Factor Productivity (TFP) of dairy farms in Australia from financial year 2001 to 2023 [Graph], ABARES, June 27, 2024. [Online]. Available: https://www.statista.com/statistics/1552127/australia-productivity-index-of-dairy-farms/
