Australia: Forest rents (% of GDP)
In , Australia's Forest rents (% of GDP) was 0.12.
That's down 15.9% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Australia ranks #108 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #16 of 35.
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
- 0.21
- Trough
- 0.08
- 1-year change
- -15.9%
- 5-year change
- -9.9%
- -2.1% / yr
- 10-year change
- +9.0%
- +0.9% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.1230 | |
| 0.1463 | |
| 0.1715 | |
| 0.1783 | |
| 0.1948 | |
| 0.1365 | |
| 0.1160 | |
| 0.1193 | |
| 0.0842 | |
| 0.0903 |
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 Australia's Forest rents (% of GDP) in 2021?
- In 2021, Australia's Forest rents (% of GDP) was 0.12, according to World Bank Open Data.
- Is Australia's Forest rents (% of GDP) rising or falling?
- Australia's Forest rents (% of GDP) fell 15.9% from 2020 to 2021.
- How does Australia rank globally on Forest rents (% of GDP)?
- In 2021, Australia ranked #108 out of 197 countries reporting Forest rents (% of GDP).
- How does Australia's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Australia is below the world average. Within East Asia & Pacific, it ranks #16 of 35.
- 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.