Freshwater ecosystems play a major role in global carbon cycling through the breakdown of organic material and release of greenhouse gases (GHGs). Carbon dioxide (CO2) and methane (CH4) emissions from lakes, wetlands, reservoirs and small natural ponds have been well studied, however, the GHG emissions of highly abundant, small‐scale (\u3c0.01 km2) agricultural dams (small stream and run‐off impoundments) are still unknown. Here, we measured the diffusive CO2 and CH4 flux of 77 small agricultural dams within south‐east Australia. The GHG emissions from these waterbodies, which are currently unaccounted for in GHG inventories, amounted to 11.12 ± 2.59 g CO2‐equivalent m2/day, a value 3.43 times higher than temperate reservoir emissions. Upsc...