What was Micronesia, Fed. Sts.'s Forest rents (% of GDP) in 2021?

In 2021, Micronesia, Fed. Sts.'s Forest rents (% of GDP) was 0.02, according to World Bank Open Data.

Is Micronesia, Fed. Sts.'s Forest rents (% of GDP) rising or falling?

Micronesia, Fed. Sts.'s Forest rents (% of GDP) fell 11.1% from 2020 to 2021.

How does Micronesia, Fed. Sts. rank globally on Forest rents (% of GDP)?

In 2021, Micronesia, Fed. Sts. ranked #141 out of 197 countries reporting Forest rents (% of GDP).

How does Micronesia, Fed. Sts.'s Forest rents (% of GDP) compare to the world average?

The global average for Forest rents (% of GDP) in 2021 was 1.28, so Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #23 of 35.

Micronesia, Fed. Sts.: Forest rents (% of GDP)

Name: Micronesia, Fed. Sts.: Forest rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Micronesia, Fed. Sts.'s Forest rents (% of GDP) was 0.02.

That's down 11.1% from 2020, the highest value since 2020.

The global average for this indicator in 2021 was 1.28 . Micronesia, Fed. Sts. ranks #141 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #23 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: 0.04; 2014
Trough: 0.01; 2002
1-year change: -11.1%
5-year change: -50.5%; -13.1% / yr
10-year change: -49.6%; -6.6% / yr

Historical Data — Last 10 Years

Year	Forest rents (% of GDP)
2021	0.0178
2020	0.0201
2019	0.0147
2018	0.0165
2017	0.0385
2016	0.0361
2015	0.0322
2014	0.0406
2013	0.0267
2012	0.0282

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 Micronesia, Fed. Sts.'s Forest rents (% of GDP) in 2021?: In 2021, Micronesia, Fed. Sts.'s Forest rents (% of GDP) was 0.02, according to World Bank Open Data.
Is Micronesia, Fed. Sts.'s Forest rents (% of GDP) rising or falling?: Micronesia, Fed. Sts.'s Forest rents (% of GDP) fell 11.1% from 2020 to 2021.
How does Micronesia, Fed. Sts. rank globally on Forest rents (% of GDP)?: In 2021, Micronesia, Fed. Sts. ranked #141 out of 197 countries reporting Forest rents (% of GDP).
How does Micronesia, Fed. Sts.'s Forest rents (% of GDP) compare to the world average?: The global average for Forest rents (% of GDP) in 2021 was 1.28, so Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #23 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.

Download this data: CSV JSON

Source: World Bank Open Data (NY.GDP.FRST.RT.ZS), CC BY 4.0.