Norway: Forest rents (% of GDP)
In , Norway's Forest rents (% of GDP) was 0.04.
That's down 2.0% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Norway ranks #130 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #28 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
- 0.05
- Trough
- 0.03
- 1-year change
- -2.0%
- 5-year change
- -13.4%
- -2.8% / yr
- 10-year change
- +18.4%
- +1.7% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.0404 | |
| 0.0412 | |
| 0.0444 | |
| 0.0527 | |
| 0.0412 | |
| 0.0466 | |
| 0.0440 | |
| 0.0421 | |
| 0.0360 | |
| 0.0304 |
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 Norway's Forest rents (% of GDP) in 2021?
- In 2021, Norway's Forest rents (% of GDP) was 0.04, according to World Bank Open Data.
- Is Norway's Forest rents (% of GDP) rising or falling?
- Norway's Forest rents (% of GDP) fell 2.0% from 2020 to 2021.
- How does Norway rank globally on Forest rents (% of GDP)?
- In 2021, Norway ranked #130 out of 197 countries reporting Forest rents (% of GDP).
- How does Norway's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Norway is below the world average. Within Europe & Central Asia, it ranks #28 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.