Montenegro: Forest rents (% of GDP)
In , Montenegro's Forest rents (% of GDP) was 0.48.
That's down 22.3% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Montenegro ranks #70 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #5 of 51.
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
- 0.62
- Trough
- 0.00
- 1-year change
- -22.3%
- 5-year change
- +19.7%
- +3.7% / yr
- 10-year change
- +5.0%
- +0.5% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.4788 | |
| 0.6159 | |
| 0.4754 | |
| 0.5219 | |
| 0.4621 | |
| 0.3999 | |
| 0.4662 | |
| 0.4201 | |
| 0.4057 | |
| 0.4343 |
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 Montenegro's Forest rents (% of GDP) in 2021?
- In 2021, Montenegro's Forest rents (% of GDP) was 0.48, according to World Bank Open Data.
- Is Montenegro's Forest rents (% of GDP) rising or falling?
- Montenegro's Forest rents (% of GDP) fell 22.3% from 2020 to 2021.
- How does Montenegro rank globally on Forest rents (% of GDP)?
- In 2021, Montenegro ranked #70 out of 197 countries reporting Forest rents (% of GDP).
- How does Montenegro's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Montenegro is below the world average. Within Europe & Central Asia, it ranks #5 of 51.
- 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.