How much does the EU spend on farm subsidies each year?

Money hard Data from 2023

Guess before you scroll — the answer is below

In euros. Thousands: 1.000 · Decimals: 1,5 · Millions: 9m.

The answer

$55,000,000,000

Roughly $55B.

The Common Agricultural Policy costs around €55 billion a year, roughly a third of the entire EU budget for a sector employing under 5% of workers. It is the oldest and most politically protected EU policy.

How to get close to this number

Take a share of the budget. The explanation gives it: roughly a third of the entire EU budget, and the bloc's budget runs to somewhere around a hundred and seventy billion a year. A third of that gives a figure in the tens of billions.

The mismatch in the explanation is what makes this politically remarkable: a third of the budget for a sector employing under five percent of workers. Very few spending programmes survive a ratio that lopsided, and this one has for over sixty years.

The reason is in the description: it is the oldest and most politically protected policy the bloc has. It was part of the founding bargain, it has a concentrated and well-organised beneficiary group against a diffuse cost borne by everyone, and that asymmetry is the standard structure of durable subsidy politics everywhere.

Where this number comes from

Source European Commission, Common Agricultural Policy
Figure refers to 2023
Last checked
Unit euros

Numbers move. If this one has drifted from its source, let us know.

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