Definition: Farm Accountancy Data Network (FADN)
The Farm Accountancy Data Network (FADN) is an instrument for evaluating the income of agricultural holdings and the impacts of the Common Agricultural Policy.
The aim of the network is to gather accountancy data from farms for the determination of incomes and business analysis of agricultural holdings.
The concept of the FADN was launched in 1965. It consists of an annual survey carried out by the Member States of the European Union. The services responsible in the Union for the operation of the FADN collect every year accountancy data from a sample of the agricultural holdings in the European Union. Derived from national surveys, the FADN is the only source of micro-economic data that is harmonised, i.e. the bookkeeping principles are the same in all countries. Holdings are selected to take part in the survey on the basis of sampling plans established at the level of each region in the Union. The survey does not cover all the agricultural holdings in the Union but only those which due to their size could be considered commercial. The methodology applied aims to provide representative data along three dimensions: region, economic size and type of farming.
European Commission, Web site of Directorate General "Agriculture"