Papua New Guinea: Forest rents (% of GDP)
In , Papua New Guinea's Forest rents (% of GDP) was 1.96.
That's down 12.6% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Papua New Guinea ranks #35 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #3 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
- 5.99
- Trough
- 1.96
- 1-year change
- -12.6%
- 5-year change
- -24.2%
- -5.4% / yr
- 10-year change
- -38.0%
- -4.7% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 1.9577 | |
| 2.2395 | |
| 2.0716 | |
| 2.3093 | |
| 2.9907 | |
| 2.5822 | |
| 2.4140 | |
| 3.1528 | |
| 2.5023 | |
| 2.4355 |
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 Papua New Guinea's Forest rents (% of GDP) in 2021?
- In 2021, Papua New Guinea's Forest rents (% of GDP) was 1.96, according to World Bank Open Data.
- Is Papua New Guinea's Forest rents (% of GDP) rising or falling?
- Papua New Guinea's Forest rents (% of GDP) fell 12.6% from 2020 to 2021.
- How does Papua New Guinea rank globally on Forest rents (% of GDP)?
- In 2021, Papua New Guinea ranked #35 out of 197 countries reporting Forest rents (% of GDP).
- How does Papua New Guinea's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Papua New Guinea is above the world average. Within East Asia & Pacific, it ranks #3 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.