Dominican Republic: Forest rents (% of GDP)
In , Dominican Republic's Forest rents (% of GDP) was 0.03.
That's down 26.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Dominican Republic ranks #133 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #24 of 36.
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
- 0.06
- Trough
- 0.02
- 1-year change
- -26.4%
- 5-year change
- -46.9%
- -11.9% / yr
- 10-year change
- -27.9%
- -3.2% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.0323 | |
| 0.0439 | |
| 0.0336 | |
| 0.0365 | |
| 0.0513 | |
| 0.0609 | |
| 0.0476 | |
| 0.0642 | |
| 0.0553 | |
| 0.0422 |
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 Dominican Republic's Forest rents (% of GDP) in 2021?
- In 2021, Dominican Republic's Forest rents (% of GDP) was 0.03, according to World Bank Open Data.
- Is Dominican Republic's Forest rents (% of GDP) rising or falling?
- Dominican Republic's Forest rents (% of GDP) fell 26.4% from 2020 to 2021.
- How does Dominican Republic rank globally on Forest rents (% of GDP)?
- In 2021, Dominican Republic ranked #133 out of 197 countries reporting Forest rents (% of GDP).
- How does Dominican Republic's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Dominican Republic is below the world average. Within Latin America & Caribbean, it ranks #24 of 36.
- 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.