Panama: Forest rents (% of GDP)
In , Panama's Forest rents (% of GDP) was 0.09.
That's down 28.5% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Panama ranks #116 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #21 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
- 0.17
- Trough
- 0.08
- 1-year change
- -28.5%
- 5-year change
- -26.5%
- -6.0% / yr
- 10-year change
- -33.1%
- -3.9% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.0862 | |
| 0.1205 | |
| 0.0827 | |
| 0.0994 | |
| 0.1165 | |
| 0.1172 | |
| 0.1050 | |
| 0.1324 | |
| 0.1188 | |
| 0.1081 |
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 Panama's Forest rents (% of GDP) in 2021?
- In 2021, Panama's Forest rents (% of GDP) was 0.09, according to World Bank Open Data.
- Is Panama's Forest rents (% of GDP) rising or falling?
- Panama's Forest rents (% of GDP) fell 28.5% from 2020 to 2021.
- How does Panama rank globally on Forest rents (% of GDP)?
- In 2021, Panama ranked #116 out of 197 countries reporting Forest rents (% of GDP).
- How does Panama's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Panama is below the world average. Within Latin America & Caribbean, it ranks #21 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.