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Kiribati: Forest rents (% of GDP)

In , Kiribati's Forest rents (% of GDP) was 0.04.

That's down 23.7% from 2020, the highest value since .

The global average for this indicator in 2021 was 1.28 . Kiribati ranks #128 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #20 of 35.

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

Trend (2002–2021)

Kiribati 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
0.09
Trough
0.03
1-year change
-23.7%
5-year change
-47.3%
-12.0% / yr
10-year change
-40.9%
-5.1% / yr

Historical Data — Last 10 Years

Year Forest rents (% of GDP)
0.0435
0.0570
0.0427
0.0421
0.0930
0.0826
0.0733
0.0889
0.0557
0.0589

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 Kiribati's Forest rents (% of GDP) in 2021?
In 2021, Kiribati's Forest rents (% of GDP) was 0.04, according to World Bank Open Data.
Is Kiribati's Forest rents (% of GDP) rising or falling?
Kiribati's Forest rents (% of GDP) fell 23.7% from 2020 to 2021.
How does Kiribati rank globally on Forest rents (% of GDP)?
In 2021, Kiribati ranked #128 out of 197 countries reporting Forest rents (% of GDP).
How does Kiribati's Forest rents (% of GDP) compare to the world average?
The global average for Forest rents (% of GDP) in 2021 was 1.28, so Kiribati is below the world average. Within East Asia & Pacific, it ranks #20 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.
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Source: World Bank Open Data (NY.GDP.FRST.RT.ZS), CC BY 4.0.