Lao PDR: Forest rents (% of GDP)
In , Lao PDR's Forest rents (% of GDP) was 1.49.
That's down 5.9% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Lao PDR ranks #44 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #5 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
- 5.69
- Trough
- 1.42
- 1-year change
- -5.9%
- 5-year change
- -44.0%
- -10.9% / yr
- 10-year change
- -66.7%
- -10.4% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 1.4935 | |
| 1.5869 | |
| 1.4206 | |
| 1.6064 | |
| 2.6101 | |
| 2.6661 | |
| 2.7833 | |
| 4.1534 | |
| 3.1930 | |
| 3.4291 |
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 Lao PDR's Forest rents (% of GDP) in 2021?
- In 2021, Lao PDR's Forest rents (% of GDP) was 1.49, according to World Bank Open Data.
- Is Lao PDR's Forest rents (% of GDP) rising or falling?
- Lao PDR's Forest rents (% of GDP) fell 5.9% from 2020 to 2021.
- How does Lao PDR rank globally on Forest rents (% of GDP)?
- In 2021, Lao PDR ranked #44 out of 197 countries reporting Forest rents (% of GDP).
- How does Lao PDR's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Lao PDR is above the world average. Within East Asia & Pacific, it ranks #5 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.