Solomon Islands: Forest rents (% of GDP)
In , Solomon Islands's Forest rents (% of GDP) was 18.40.
That's down 4.2% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . Solomon Islands ranks #1 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #1 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
- 21.25
- Trough
- 7.04
- 1-year change
- -4.2%
- 5-year change
- +30.5%
- +5.5% / yr
- 10-year change
- +20.7%
- +1.9% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 18.3950 | |
| 19.1939 | |
| 19.1454 | |
| 20.7466 | |
| 21.2548 | |
| 14.1011 | |
| 16.4207 | |
| 19.2356 | |
| 15.1486 | |
| 15.8393 |
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 Solomon Islands's Forest rents (% of GDP) in 2021?
- In 2021, Solomon Islands's Forest rents (% of GDP) was 18.40, according to World Bank Open Data.
- Is Solomon Islands's Forest rents (% of GDP) rising or falling?
- Solomon Islands's Forest rents (% of GDP) fell 4.2% from 2020 to 2021.
- How does Solomon Islands rank globally on Forest rents (% of GDP)?
- In 2021, Solomon Islands ranked #1 out of 197 countries reporting Forest rents (% of GDP).
- How does Solomon Islands's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so Solomon Islands is above the world average. Within East Asia & Pacific, it ranks #1 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.