Mongolia: Forest rents (% of GDP)
In , Mongolia's Forest rents (% of GDP) was 0.17.
That's down 17.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Mongolia ranks #96 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #14 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
- 0.77
- Trough
- 0.14
- 1-year change
- -17.4%
- 5-year change
- -38.1%
- -9.1% / yr
- 10-year change
- -48.9%
- -6.5% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.1742 | |
| 0.2107 | |
| 0.1411 | |
| 0.1634 | |
| 0.3400 | |
| 0.2813 | |
| 0.2381 | |
| 0.2788 | |
| 0.1898 | |
| 0.2160 |
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 Mongolia's Forest rents (% of GDP) in 2021?
- In 2021, Mongolia's Forest rents (% of GDP) was 0.17, according to World Bank Open Data.
- Is Mongolia's Forest rents (% of GDP) rising or falling?
- Mongolia's Forest rents (% of GDP) fell 17.4% from 2020 to 2021.
- How does Mongolia rank globally on Forest rents (% of GDP)?
- In 2021, Mongolia ranked #96 out of 197 countries reporting Forest rents (% of GDP).
- How does Mongolia's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Mongolia is below the world average. Within East Asia & Pacific, it ranks #14 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.