Georgia: Forest rents (% of GDP)
In , Georgia's Forest rents (% of GDP) was 0.07.
That's down 23.5% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Georgia ranks #123 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #26 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
- 0.16
- Trough
- 0.05
- 1-year change
- -23.5%
- 5-year change
- -1.0%
- -0.2% / yr
- 10-year change
- -50.9%
- -6.9% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.0650 | |
| 0.0850 | |
| 0.0806 | |
| 0.0765 | |
| 0.0813 | |
| 0.0657 | |
| 0.0815 | |
| 0.0652 | |
| 0.0701 | |
| 0.0510 |
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 Georgia's Forest rents (% of GDP) in 2021?
- In 2021, Georgia's Forest rents (% of GDP) was 0.07, according to World Bank Open Data.
- Is Georgia's Forest rents (% of GDP) rising or falling?
- Georgia's Forest rents (% of GDP) fell 23.5% from 2020 to 2021.
- How does Georgia rank globally on Forest rents (% of GDP)?
- In 2021, Georgia ranked #123 out of 197 countries reporting Forest rents (% of GDP).
- How does Georgia's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Georgia is below the world average. Within Europe & Central Asia, it ranks #26 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.