Philippines: Forest rents (% of GDP)
In , Philippines's Forest rents (% of GDP) was 0.16.
That's down 13.7% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Philippines ranks #98 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #15 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
- 0.44
- Trough
- 0.16
- 1-year change
- -13.7%
- 5-year change
- -34.7%
- -8.2% / yr
- 10-year change
- -54.7%
- -7.6% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.1645 | |
| 0.1906 | |
| 0.1687 | |
| 0.1985 | |
| 0.2967 | |
| 0.2520 | |
| 0.2476 | |
| 0.3409 | |
| 0.2692 | |
| 0.2975 |
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 Philippines's Forest rents (% of GDP) in 2021?
- In 2021, Philippines's Forest rents (% of GDP) was 0.16, according to World Bank Open Data.
- Is Philippines's Forest rents (% of GDP) rising or falling?
- Philippines's Forest rents (% of GDP) fell 13.7% from 2020 to 2021.
- How does Philippines rank globally on Forest rents (% of GDP)?
- In 2021, Philippines ranked #98 out of 197 countries reporting Forest rents (% of GDP).
- How does Philippines's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Philippines is below the world average. Within East Asia & Pacific, it ranks #15 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.