Armenia: Forest rents (% of GDP)
In , Armenia's Forest rents (% of GDP) was 0.27.
That's down 0.9% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Armenia ranks #87 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #12 of 51.
Source: World Bank Open Data (NY.GDP.FRST.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.45
- Trough
- 0.01
- 1-year change
- -0.9%
- 5-year change
- +20.7%
- +3.8% / yr
- 10-year change
- -41.0%
- -5.1% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.2677 | |
| 0.2702 | |
| 0.2532 | |
| 0.2723 | |
| 0.2458 | |
| 0.2218 | |
| 0.2642 | |
| 0.2409 | |
| 0.2327 | |
| 0.3530 |
About Forest rents (% of GDP)
Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.
Indicator code: NY.GDP.FRST.RT.ZS • Category: Economy
Frequently asked questions
- What was Armenia's Forest rents (% of GDP) in 2021?
- In 2021, Armenia's Forest rents (% of GDP) was 0.27, according to World Bank Open Data.
- Is Armenia's Forest rents (% of GDP) rising or falling?
- Armenia's Forest rents (% of GDP) fell 0.9% from 2020 to 2021.
- How does Armenia rank globally on Forest rents (% of GDP)?
- In 2021, Armenia ranked #87 out of 197 countries reporting Forest rents (% of GDP).
- How does Armenia's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Armenia is below the world average. Within Europe & Central Asia, it ranks #12 of 51.
- What is Forest rents (% of GDP) and how is it measured?
- Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.
Source: World Bank Open Data (NY.GDP.FRST.RT.ZS), CC BY 4.0.