Korea, Rep.: Forest rents (% of GDP)
In , Korea, Rep.'s Forest rents (% of GDP) was 0.01.
That's down 1.2% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Korea, Rep. ranks #143 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #24 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
- 0.02
- Trough
- 0.01
- 1-year change
- -1.2%
- 5-year change
- +5.9%
- +1.1% / yr
- 10-year change
- -0.7%
- -0.1% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.0147 | |
| 0.0149 | |
| 0.0154 | |
| 0.0164 | |
| 0.0179 | |
| 0.0139 | |
| 0.0147 | |
| 0.0172 | |
| 0.0163 | |
| 0.0155 |
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 Korea, Rep.'s Forest rents (% of GDP) in 2021?
- In 2021, Korea, Rep.'s Forest rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Korea, Rep.'s Forest rents (% of GDP) rising or falling?
- Korea, Rep.'s Forest rents (% of GDP) fell 1.2% from 2020 to 2021.
- How does Korea, Rep. rank globally on Forest rents (% of GDP)?
- In 2021, Korea, Rep. ranked #143 out of 197 countries reporting Forest rents (% of GDP).
- How does Korea, Rep.'s Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Korea, Rep. is below the world average. Within East Asia & Pacific, it ranks #24 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.