New Caledonia: Forest rents (% of GDP)
In , New Caledonia's Forest rents (% of GDP) was 0.01.
That's down 3.0% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . New Caledonia ranks #148 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #25 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
- -3.0%
- 5-year change
- -8.2%
- -1.7% / yr
- 10-year change
- +9.0%
- +0.9% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.0123 | |
| 0.0127 | |
| 0.0122 | |
| 0.0124 | |
| 0.0171 | |
| 0.0134 | |
| 0.0128 | |
| 0.0127 | |
| 0.0105 | |
| 0.0115 |
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 New Caledonia's Forest rents (% of GDP) in 2021?
- In 2021, New Caledonia's Forest rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is New Caledonia's Forest rents (% of GDP) rising or falling?
- New Caledonia's Forest rents (% of GDP) fell 3.0% from 2020 to 2021.
- How does New Caledonia rank globally on Forest rents (% of GDP)?
- In 2021, New Caledonia ranked #148 out of 197 countries reporting Forest rents (% of GDP).
- How does New Caledonia's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so New Caledonia is below the world average. Within East Asia & Pacific, it ranks #25 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.