Venezuela, RB: Forest rents (% of GDP)
In , Venezuela, RB's Forest rents (% of GDP) was 0.05.
That's down 11.4% from 2013, the highest value since .
The global average for this indicator in 2014 was 1.28 .
Source: World Bank Open Data (NY.GDP.FRST.RT.ZS) • Data as of 2014
Trend (2002–2014)
- 2008 · Global financial crisis
- 2014 · Oil price collapse
Highlights
- Peak
- 0.07
- Trough
- 0.04
- 1-year change
- -11.4%
- 5-year change
- +44.0%
- +7.6% / yr
- 10-year change
- -6.1%
- -0.6% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.0545 | |
| 0.0615 | |
| 0.0468 | |
| 0.0607 | |
| 0.0553 | |
| 0.0378 | |
| 0.0414 | |
| 0.0486 | |
| 0.0496 | |
| 0.0448 |
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 Venezuela, RB's Forest rents (% of GDP) in 2014?
- In 2014, Venezuela, RB's Forest rents (% of GDP) was 0.05, according to World Bank Open Data.
- Is Venezuela, RB's Forest rents (% of GDP) rising or falling?
- Venezuela, RB's Forest rents (% of GDP) fell 11.4% from 2013 to 2014.
- How does Venezuela, RB's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2014 was 1.28, so Venezuela, RB is below the world average.
- 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.