Type of indicator
Quantitative
Relative dimension and aggregated criteria
Economic sustainability: Efficiency: Cost efficiency
Description
This indicator is equal to the ratio of direct production costs to farm gross output, where all farming enterprises are taken into consideration.
Indicator calculation
𝐷𝑖𝑟𝑒𝑐𝑡 𝑝𝑟𝑜𝑑𝑢𝑐𝑡𝑖𝑜𝑛 𝑐𝑜𝑠𝑡𝑠 / 𝐹𝑎𝑟𝑚 𝑔𝑟𝑜𝑠𝑠 𝑜𝑢𝑡𝑝𝑢𝑡
Unit
€/€
Indicator interpretation
Higher values indicate lower cost efficiency and thus poorer economic performance.
Scale definition
| Scales | Values (€/€) | Dexi interpretation | References | ||
| < 25th percentile | < 0.42 | High | + | Based on the FADN data distribution for | |
| [25th percentile; | [0.42; | Medium | to | EU specialised dairy farms(European Commission, 2022). | |
| median] | 0.48] | high | Quantile method, 2016-2018 data. | ||
| [median; 75th | [0.48; | Medium | to | ||
| percentile] | 0.54] | low | |||
| >=75th percentile | >= 0.54 | Low | – | ||