U.S. farm sector assets, inflation adjusted, 1970–2023F

Billion dollars (2023)

Stacked Bar chart with 54 groups and 2 items per group.

Group 1, 1970, Total value of 1679.7579.
Item 1, Non-real estate assets value of 460.2984 which is 27.4% of 1970.
Item 2, Real estate assets value of 1219.4595 which is 72.6% of 1970.
Group 2, 1971, Total value of 1730.1793.
Item 1, Non-real estate assets value of 482.76016 which is 27.9% of 1971.
Item 2, Real estate assets value of 1247.4192 which is 72.1% of 1971.
Group 3, 1972, Total value of 1868.2783.
Item 1, Non-real estate assets value of 532.7348 which is 28.5% of 1972.
Item 2, Real estate assets value of 1335.5436 which is 71.5% of 1972.
Group 4, 1973, Total value of 2180.6782.
Item 1, Non-real estate assets value of 626.3027 which is 28.7% of 1973.
Item 2, Real estate assets value of 1554.3755 which is 71.3% of 1973.
Group 5, 1974, Total value of 2147.8591.
Item 1, Non-real estate assets value of 543.32495 which is 25.3% of 1974.
Item 2, Real estate assets value of 1604.5342 which is 74.7% of 1974.
Group 6, 1975, Total value of 2234.8994.
Item 1, Non-real estate assets value of 556.6682 which is 24.9% of 1975.
Item 2, Real estate assets value of 1678.2312 which is 75.1% of 1975.
Group 7, 1976, Total value of 2449.6833.
Item 1, Non-real estate assets value of 556.42865 which is 22.7% of 1976.
Item 2, Real estate assets value of 1893.2546 which is 77.3% of 1976.
Group 8, 1977, Total value of 2543.7615.
Item 1, Non-real estate assets value of 555.20807 which is 21.8% of 1977.
Item 2, Real estate assets value of 1988.5533 which is 78.2% of 1977.
Group 9, 1978, Total value of 2837.1372.
Item 1, Non-real estate assets value of 641.92554 which is 22.6% of 1978.
Item 2, Real estate assets value of 2195.2117 which is 77.4% of 1978.
Group 10, 1979, Total value of 3081.191.
Item 1, Non-real estate assets value of 702.75073 which is 22.8% of 1979.
Item 2, Real estate assets value of 2378.4402 which is 77.2% of 1979.
Group 11, 1980, Total value of 3090.107.
Item 1, Non-real estate assets value of 672.12946 which is 21.8% of 1980.
Item 2, Real estate assets value of 2417.9775 which is 78.2% of 1980.
Group 12, 1981, Total value of 2816.3735.
Item 1, Non-real estate assets value of 599.2765 which is 21.3% of 1981.
Item 2, Real estate assets value of 2217.0972 which is 78.7% of 1981.
Group 13, 1982, Total value of 2558.2446.
Item 1, Non-real estate assets value of 564.7215 which is 22.1% of 1982.
Item 2, Real estate assets value of 1993.5233 which is 77.9% of 1982.
Group 14, 1983, Total value of 2453.893.
Item 1, Non-real estate assets value of 526.63763 which is 21.5% of 1983.
Item 2, Real estate assets value of 1927.2556 which is 78.5% of 1983.
Group 15, 1984, Total value of 2216.5442.
Item 1, Non-real estate assets value of 582.79474 which is 26.3% of 1984.
Item 2, Real estate assets value of 1633.7494 which is 73.7% of 1984.
Group 16, 1985, Total value of 1856.8165.
Item 1, Non-real estate assets value of 454.02765 which is 24.5% of 1985.
Item 2, Real estate assets value of 1402.7888 which is 75.5% of 1985.
Group 17, 1986, Total value of 1693.5643.
Item 1, Non-real estate assets value of 421.2917 which is 24.9% of 1986.
Item 2, Real estate assets value of 1272.2726 which is 75.1% of 1986.
Group 18, 1987, Total value of 1731.865.
Item 1, Non-real estate assets value of 441.39218 which is 25.5% of 1987.
Item 2, Real estate assets value of 1290.4729 which is 74.5% of 1987.
Group 19, 1988, Total value of 1743.6385.
Item 1, Non-real estate assets value of 455.99457 which is 26.2% of 1988.
Item 2, Real estate assets value of 1287.6439 which is 73.8% of 1988.
Group 20, 1989, Total value of 1731.49.
Item 1, Non-real estate assets value of 454.50385 which is 26.2% of 1989.
Item 2, Real estate assets value of 1276.9862 which is 73.8% of 1989.
Group 21, 1990, Total value of 1723.9008.
Item 1, Non-real estate assets value of 454.16364 which is 26.3% of 1990.
Item 2, Real estate assets value of 1269.7372 which is 73.7% of 1990.
Group 22, 1991, Total value of 1674.8359.
Item 1, Non-real estate assets value of 435.28857 which is 26.0% of 1991.
Item 2, Real estate assets value of 1239.5474 which is 74.0% of 1991.
Group 23, 1992, Total value of 1683.244.
Item 1, Non-real estate assets value of 440.26932 which is 26.2% of 1992.
Item 2, Real estate assets value of 1242.9747 which is 73.8% of 1992.
Group 24, 1993, Total value of 1722.7051.
Item 1, Non-real estate assets value of 438.83008 which is 25.5% of 1993.
Item 2, Real estate assets value of 1283.875 which is 74.5% of 1993.
Group 25, 1994, Total value of 1734.1501.
Item 1, Non-real estate assets value of 427.7966 which is 24.7% of 1994.
Item 2, Real estate assets value of 1306.3536 which is 75.3% of 1994.
Group 26, 1995, Total value of 1754.8718.
Item 1, Non-real estate assets value of 409.3066 which is 23.3% of 1995.
Item 2, Real estate assets value of 1345.5652 which is 76.7% of 1995.
Group 27, 1996, Total value of 1789.7074.
Item 1, Non-real estate assets value of 416.468 which is 23.3% of 1996.
Item 2, Real estate assets value of 1373.2394 which is 76.7% of 1996.
Group 28, 1997, Total value of 1844.0613.
Item 1, Non-real estate assets value of 426.33975 which is 23.1% of 1997.
Item 2, Real estate assets value of 1417.7216 which is 76.9% of 1997.
Group 29, 1998, Total value of 1879.5845.
Item 1, Non-real estate assets value of 421.4812 which is 22.4% of 1998.
Item 2, Real estate assets value of 1458.1033 which is 77.6% of 1998.
Group 30, 1999, Total value of 1948.578.
Item 1, Non-real estate assets value of 430.91824 which is 22.1% of 1999.
Item 2, Real estate assets value of 1517.6598 which is 77.9% of 1999.
Group 31, 2000, Total value of 2012.7043.
Item 1, Non-real estate assets value of 429.54636 which is 21.3% of 2000.
Item 2, Real estate assets value of 1583.158 which is 78.7% of 2000.
Group 32, 2001, Total value of 2053.543.
Item 1, Non-real estate assets value of 424.60458 which is 20.7% of 2001.
Item 2, Real estate assets value of 1628.9385 which is 79.3% of 2001.
Group 33, 2002, Total value of 2014.4828.
Item 1, Non-real estate assets value of 397.60556 which is 19.7% of 2002.
Item 2, Real estate assets value of 1616.8772 which is 80.3% of 2002.
Group 34, 2003, Total value of 2088.493.
Item 1, Non-real estate assets value of 483.3918 which is 23.1% of 2003.
Item 2, Real estate assets value of 1605.1012 which is 76.9% of 2003.
Group 35, 2004, Total value of 2294.924.
Item 1, Non-real estate assets value of 508.20862 which is 22.1% of 2004.
Item 2, Real estate assets value of 1786.7156 which is 77.9% of 2004.
Group 36, 2005, Total value of 2549.7778.
Item 1, Non-real estate assets value of 502.30447 which is 19.7% of 2005.
Item 2, Real estate assets value of 2047.4734 which is 80.3% of 2005.
Group 37, 2006, Total value of 2758.2458.
Item 1, Non-real estate assets value of 535.289 which is 19.4% of 2006.
Item 2, Real estate assets value of 2222.9568 which is 80.6% of 2006.
Group 38, 2007, Total value of 2763.417.
Item 1, Non-real estate assets value of 581.6553 which is 21.0% of 2007.
Item 2, Real estate assets value of 2181.7617 which is 79.0% of 2007.
Group 39, 2008, Total value of 2773.0938.
Item 1, Non-real estate assets value of 604.57947 which is 21.8% of 2008.
Item 2, Real estate assets value of 2168.5142 which is 78.2% of 2008.
Group 40, 2009, Total value of 2715.167.
Item 1, Non-real estate assets value of 571.8407 which is 21.1% of 2009.
Item 2, Real estate assets value of 2143.3264 which is 78.9% of 2009.
Group 41, 2010, Total value of 2946.0178.
Item 1, Non-real estate assets value of 693.09143 which is 23.5% of 2010.
Item 2, Real estate assets value of 2252.9263 which is 76.5% of 2010.
Group 42, 2011, Total value of 3082.8306.
Item 1, Non-real estate assets value of 686.06665 which is 22.3% of 2011.
Item 2, Real estate assets value of 2396.764 which is 77.7% of 2011.
Group 43, 2012, Total value of 3443.017.
Item 1, Non-real estate assets value of 736.8018 which is 21.4% of 2012.
Item 2, Real estate assets value of 2706.2153 which is 78.6% of 2012.
Group 44, 2013, Total value of 3549.222.
Item 1, Non-real estate assets value of 673.37933 which is 19.0% of 2013.
Item 2, Real estate assets value of 2875.8425 which is 81.0% of 2013.
Group 45, 2014, Total value of 3689.4404.
Item 1, Non-real estate assets value of 712.6683 which is 19.3% of 2014.
Item 2, Real estate assets value of 2976.7722 which is 80.7% of 2014.
Group 46, 2015, Total value of 3591.0854.
Item 1, Non-real estate assets value of 641.2765 which is 17.9% of 2015.
Item 2, Real estate assets value of 2949.809 which is 82.1% of 2015.
Group 47, 2016, Total value of 3598.253.
Item 1, Non-real estate assets value of 633.4738 which is 17.6% of 2016.
Item 2, Real estate assets value of 2964.779 which is 82.4% of 2016.
Group 48, 2017, Total value of 3640.9216.
Item 1, Non-real estate assets value of 645.7133 which is 17.7% of 2017.
Item 2, Real estate assets value of 2995.2083 which is 82.3% of 2017.
Group 49, 2018, Total value of 3579.623.
Item 1, Non-real estate assets value of 610.87744 which is 17.1% of 2018.
Item 2, Real estate assets value of 2968.7456 which is 82.9% of 2018.
Group 50, 2019, Total value of 3573.5098.
Item 1, Non-real estate assets value of 614.90765 which is 17.2% of 2019.
Item 2, Real estate assets value of 2958.602 which is 82.8% of 2019.
Group 51, 2020, Total value of 3640.122.
Item 1, Non-real estate assets value of 611.935 which is 16.8% of 2020.
Item 2, Real estate assets value of 3028.187 which is 83.2% of 2020.
Group 52, 2021, Total value of 3838.1755.
Item 1, Non-real estate assets value of 660.1951 which is 17.2% of 2021.
Item 2, Real estate assets value of 3177.9805 which is 82.8% of 2021.
Group 53, 2022F, Total value of 3956.921.
Item 1, Non-real estate assets value of 678.6136 which is 17.2% of 2022F.
Item 2, Real estate assets value of 3278.3074 which is 82.8% of 2022F.
Group 54, 2023F, Total value of 4047.0273.
Item 1, Non-real estate assets value of 657.4766 which is 16.2% of 2023F.
Item 2, Real estate assets value of 3389.5508 which is 83.8% of 2023F.

Note: F = forecast. Real 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 2023 by USDA, Economic Research Service.

Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of Data as of February 7, 2023.