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Azerbaijan: Forest rents (% of GDP)

In , Azerbaijan's Forest rents (% of GDP) was 0.02.

That's down 15.0% from 2020, the highest value since .

The global average for this indicator in 2021 was 1.28 . Azerbaijan ranks #139 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #31 of 51.

Source: World Bank Open Data (NY.GDP.FRST.RT.ZS) • Data as of 2021

Trend (2002–2021)

Azerbaijan Forest rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
0.02
Trough
0.00
1-year change
-15.0%
5-year change
+10.0%
+1.9% / yr
10-year change
+5,804.4%
+50.4% / yr

Historical Data — Last 10 Years

Year Forest rents (% of GDP)
0.0188
0.0221
0.0198
0.0199
0.0192
0.0171
0.0145
0.0103
0.0097
0.0003

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.ZSCategory: Economy

Frequently asked questions

What was Azerbaijan's Forest rents (% of GDP) in 2021?
In 2021, Azerbaijan's Forest rents (% of GDP) was 0.02, according to World Bank Open Data.
Is Azerbaijan's Forest rents (% of GDP) rising or falling?
Azerbaijan's Forest rents (% of GDP) fell 15.0% from 2020 to 2021.
How does Azerbaijan rank globally on Forest rents (% of GDP)?
In 2021, Azerbaijan ranked #139 out of 197 countries reporting Forest rents (% of GDP).
How does Azerbaijan's Forest rents (% of GDP) compare to the world average?
The global average for Forest rents (% of GDP) in 2021 was 1.28, so Azerbaijan is below the world average. Within Europe & Central Asia, it ranks #31 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.
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Source: World Bank Open Data (NY.GDP.FRST.RT.ZS), CC BY 4.0.