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EU Budget 2012: What were the costs and benefits for the UK in the EU's Common Agricultural Policy?

Last year I wrote a blog on the UK’s net contribution to the CAP for 2011. The newest figures are now for 2012, so what do they show?

In 2012, the UK contributed 13,461 million euro to the entire EU budget. Britain got back spending of 6,934 million euro, so that the British net contribution was 6,527 million euro. Looking at the whole budget, the UK received 6,934 out of 126,349 million (or 5.5% of total spending).

CAP spending in the UK in 2012 was 3,341 million euro. In the whole of the EU, CAP spending was 43,592 million euro, so the UK took 7.7% of the share of CAP spending, which is proportionately higher than other areas of EU spending within the UK (7.7% for CAP compared to 5.6% of overall spending).

How much does the UK put in and how much does it get back? In 2012, the CAP was 43,592 million out of 126,349 million and represented 34.8% of EU spending. 34.8% of the UK gross contribution is 4,684 million euro. CAP spending in the UK (as mentioned above) was 3,341 million euro. So what we have is this:

EU budget 2012
UK contribution to CAP: 4,684 million euro
UK receives from CAP: 3,341 million euro
UK net contribution to CAP: 1,343 million euro
If we divide the above figures by 62 million we have the average amount per person in the UK: approximately € 75 per person in terms of gross contribution to the CAP and just over € 20 per person in terms of net contribution.

It looks like the UK is a big net contributor to the CAP but compared to other policy areas the net contribution is relatively modest. Whereas 34.5% of total EU expenditure was devoted to agriculture in 2012, 48.2% of EU expenditure in the UK fell under the CAP. Under the old multiannual budget of 2007-2013, if there was going to be an EU budget at all, it seems that the UK was in relative terms a winner from agricultural spending.

The figures used in this blog have been obtained from the Financial Report of the European Union 2012.

Posted on Thursday, January 23, 2014 at 10:38AM by Registered CommenterDr Giacomo Benedetto | CommentsPost a Comment

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