Norwegian farmers are borrowing more than ever before – NRK

Average Debt among Norwegian farmers was in 2014 at 1.9 million. This is an increase from the previous year at 5.1 percent.

– We are heading towards Danish conditions in which the debt almost fatal consequences, says manager Merete Furuberg in Norwegian Farmers and Smallholders Union Nationen .

the total debt for Norwegian farmers was in 2014 at a total 76, 5 billion. 13 percent of Norwegian farmers, according to figures from Statistics Norway more than four million in debt.

pork and poultry producers and those involved in mixed livestock,
had the highest average debt. At the same time these two groups of farmers who have the greatest annual income from industry, respectively 410,000 and 394,000 respectively.

In the second part of the scale is sheep farmers, who on average have an annual income of 89,000 million from the industry. Sheep farmers are also those with the lowest debt, with an average of 1.1
million.

The statistics show that women throughout the industry on average earn less than men and have less debt than men.