Nicaragua: Forest rents (% of GDP)
In , Nicaragua's Forest rents (% of GDP) was 1.14.
That's down 28.7% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Nicaragua ranks #49 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #5 of 36.
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
- 2.38
- Trough
- 0.98
- 1-year change
- -28.7%
- 5-year change
- -48.2%
- -12.3% / yr
- 10-year change
- -35.9%
- -4.3% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 1.1399 | |
| 1.5998 | |
| 1.2216 | |
| 1.3038 | |
| 1.8176 | |
| 2.2003 | |
| 1.7032 | |
| 2.3832 | |
| 2.0554 | |
| 1.6136 |
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 Nicaragua's Forest rents (% of GDP) in 2021?
- In 2021, Nicaragua's Forest rents (% of GDP) was 1.14, according to World Bank Open Data.
- Is Nicaragua's Forest rents (% of GDP) rising or falling?
- Nicaragua's Forest rents (% of GDP) fell 28.7% from 2020 to 2021.
- How does Nicaragua rank globally on Forest rents (% of GDP)?
- In 2021, Nicaragua ranked #49 out of 197 countries reporting Forest rents (% of GDP).
- How does Nicaragua's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Nicaragua is below the world average. Within Latin America & Caribbean, it ranks #5 of 36.
- 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.